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Investment Highlights

  • 100% Renovated and Leased
  • Clear Title
  • Immediate Cash Flow

Executive Summary

A rare opportunity to acquire a stabilized, income-producing multifamily asset in the heart of Tampa's highly sought-after Westshore district, 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.

Property Facts

Price $799,000
Price Per Unit $114,143
Sale Type Investment
Cap Rate 8%
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.38 AC
Building Size 2,600 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1944/2026
Opportunity Zone Yes
Zoning IG

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Refrigerator
  • Oven
  • Sprinkler System
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Security System
  • Tenant Controlled HVAC
  • Smoke Free
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector
Fairly walkable
50/100
Moderately drivable
70/100
Minimal public transit
10/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • A-05-29-18-3IP-000044-00010.0
  • A-05-29-18-3IP-000044-00009.1
Land Assessment
$296,714
Improvements Assessment
$133,587
Total Assessment
$430,301
  • Listing ID: 41435054

  • Date on Market: 7/25/2026

  • Last Updated:

  • Address: 4615 Hesperides, Tampa, FL 33614

Contact the Sale Advisor

4615 Hesperides

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