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$850,000
Drew Park Re Of SubDv. 33614 Zip Code O6429183 MLS Active Status
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.

4615 N Hesperides Street, Tampa

$440,000
3 Beds 3 Baths Drew Park Re Of SubDv. 33614 Zip Code A4678958 MLS Active Status B BLDG.
This contemporary two-story townhome in Tampa’s Drew Park neighborhood was built in 2023 and offers three bedrooms and two-and-a-half baths across approximately 1,496 square feet. The open-concept floorplan features high ceilings and abundant natural light. The kitchen is equipped with granite countertops, stainless steel appliances, and ample cabinet space, providing a functional layout for daily living and entertaining. Upstairs, the primary suite includes a walk-in closet and private bathroom. Additional features include central air conditioning, in-unit laundry, and a one-car carport with plenty of space for additonal vehicles along the extended driveway. Situated on a 0.19-acre lot, the home is conveniently located near Raymond James Stadium, Hillsborough Community College, Tampa International Airport, and International Plaza & Bay Street.

4209 W Woodlawn Avenue, Tampa

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