4615 Hesperides Street, FL4615 Hesperides Street, FL4615 Hesperides Street, FL
Stellar MLS
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$799,000

4615 Hesperides Street

Tampa, FL 33614

Listing updated: August 7, 2026 at 1:43 PM ET

Active
Stellar MLSListing courtesy of Blue Peak Realty Llc · Andrew Cutrona · MLS #O6429183 · Active · 727-777-7100
0
Baths
2,000
Sq Ft
0.26
Acres
1944
Built
$216/sqft360° tour
Multi-Family 5+

Property type

1944

Year built

11,135 sqft

Lot size

$216

Price / sq ft

No HOA

HOA dues

9

Days on market

X

Flood zone

About this home

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.

Estimated monthly payment

Principal & interest$4,040
Property taxes$529
Home insurance (est.)$366

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history9 days on market

  1. Status: Active
    Jul 29, 2026
  2. Listed$850,000
    Jul 29, 2026
  3. Price reduced$799,000

Facts & features

Property type
Commercial Sale
Sub type
Multi-Family 5+
Status
Active
Days on market
9
Subdivision
Drew Park Re Of
County
Hillsborough
Year built
1944
Living area
2,000 sq ft
Price/sq ft
$216
Building area
3,700 sq ft (Owner)
Lot size
11,135 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X
Annual taxes
$6,351 (2025)
Parcel #
A-05-29-18-3IP-000044-00010.0
Zoning
IG
MLS #
O6429183

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Heating & Cooling

Cooling
Wall/Window Unit(s)

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
Ownership
Fee Simple

Exterior & Construction

Construction materials
Block
Foundation
Block
Road surface
Asphalt

Listing Details

Listing date
2026-07-29
On market date
2026-07-29
Original list price
$850,000
MLS area
33614 - Tampa
Listing AOR
Orlando Regional
Status changed
2026-07-29
Tax legal description
DREW PARK RE PLAT OF LOT 10 BLOCK 44

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

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

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of August 7, 2026 at 1:43 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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