4615 HESPERIDES STREET
TAMPA, FL 33614
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.
Facts & features
Interior
- Living area
- 2,000 sqft
- Cooling
- Wall/Window Unit(s)
- Stories
- 1
Exterior & lot
- Lot size
- 11,135 sqft (0.26 ac)
- Construction
- Block
Financial
- Annual tax
- $6,351 (2025)
- Price / sqft
- $425/sqft
Property
- Property type
- Single Family
- Year built
- 1944
- Subdivision
- DREW PARK RE OF
- County
- Hillsborough
Listing
- Status
- Active
- Days on market
- Today
- MLS #
- MFR801318210
- Source
- Stellar MLS
Listed by Andrew Cutrona · BLUE PEAK REALTY LLC
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Sample estimate — not an appraisal
Based on 16 comparable sales within 3 miles of TAMPA, FL. priced over RENA ValiQ.
Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $4,524/mo
- Property tax
- $638/mo
- Home insurance
- $200/mo
Tax, insurance and HOA are editable estimates with Florida-typical defaults — Florida homeowners insurance in particular varies widely by location and elevation. Confirm exact figures with a lender and insurer.
Price historySample data
Reference timeline for $850,000. Live MLS history swaps in with the Stellar feed.
| Date | Event | Price | Change |
|---|---|---|---|
| 2026-07 | Listing updated | $850,000 | — |
| 2026-05 | Price changed | $850,000 | −$17,000 |
| 2026-03 | Listed | $867,000 | — |
NeighbourhoodSample data
Reference scores for TAMPA, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.
Location
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