4615 N HESPERIDES STREET Tampa, FL $ 850,000
4615 N HESPERIDES STREET
$ 850,000
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4615 N HESPERIDES STREET

Tampa, FL, 33614
$ 850,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 5,367

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Commercial Property for sale in Tampa, FL

for $850,000. This 2,000 square foot building was built in 1944 on a lot size of 0.26.

A rare opportunity to acquire a stabilized, income-producing multifamily asset in the heart of Tampa's highly sought-after Drew Park district, offered at a competitive 7.52 cap rate with immediate cash flow from day one. At just $121,429 per door, this seven-unit property presents an attractive entry point into one of Tampa's strongest rental markets, where continued population growth, expanding employment opportunities, and limited housing inventory continue to fuel long-term demand. Ideally positioned on North Hesperides Street, tenants enjoy exceptional convenience in one of Tampa's most centrally located neighborhoods. The property is just minutes from Raymond James Stadium, George M. Steinbrenner Field (spring training home of the New York Yankees), Tampa International Airport, International Plaza, downtown Tampa, and major employment corridors. With immediate access to Interstate 275, the Veterans Expressway, and nearby business centers, the location consistently attracts a strong tenant base and supports low vacancy rates. For investors seeking a high-performing multifamily asset in the Tampa MSA, this offering delivers the ideal combination of strong in-place income, an attractive going-in yield, outstanding central location, and significant upside potential. Opportunities to acquire stabilized assets in the heart of Drew Park at this price point are increasingly rare, making this an exceptional investment for both cash flow and long-term appreciation.

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 6,350

Style

Multi Family (5+)

Lot Size

0.26

Year Built

1944

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

O6429183

Features
General
Cooling Wall/Window Unit(s)
Zoning IG
Construction Materials Block
Year Built 1944
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
Gross Income 88800
County Hillsborough
New Construction false
Property Type Commercial Sale
Subdivision Name DREW PARK RE OF
Status Active
Directions Turn left onto W Columbus Dr Pass by Waffle House (on the right in 0.6 mi)Take N Hesperides St to your destination
City TAMPA
Number Of Units Total 7
MLS Area 33614 - Tampa
Lot Size Units Square Feet
Lot Size Square Feet 11135
Tax Annual Amount 6350.75
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6429183
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 10
Legal Description DREW PARK RE PLAT OF LOT 10 BLOCK 44
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Total Stories 1
Air Conditioning Y/N true
Total Baths 0
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Exterior
Lot Size Area 11135
Foundation Details Block
Number of Buildings 2
Building Area Total 3700
Lot Dimensions 85 x 131
Lot Size Acres 0.26
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type Private Road None
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* Excluded Features
List By
andrew.cutronawc@gmail.com

Email

Affordability Calculator

$5,896
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,367
Monthly Property Taxes
$529
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$850,000 Listed Price

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4615 N HESPERIDES STREET, Tampa, FL, 33614 is a Commercial Property for sale at $850,000 with 2,000 sqft and a lot size of 0.26. 4615 N HESPERIDES STREET was built in 1944. The property's zip code is 33614 which is in Tampa, FL