BEDS12
BATHS
SQUARE FEET1,287
MLS#TB8528329
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUNPLATTED
Property Description
Campus Gardens presents an exceptional opportunity to acquire a well-maintained 12-unit multifamily community located in Tampa's highly desirable USF corridor, just minutes from the University of South Florida, Moffitt Cancer Center, James A. Haley Veterans' Hospital, Advent Health Tampa, Busch Gardens, University Mall, and an abundance of shopping, dining, and entertainment.The property features twelve spacious 1 bed 1 bath apartments, each offering approximately 645 square feet with large living areas, central air conditioning, durable tile flooring, and individually metered electric service, allowing tenants to pay their own electricity. Units have been updated as they become available, and the one current vacancy is freshly updated and move-in ready, providing immediate leasing upside for the next owner. BRAND NEW ROOFS ON ALL SIX BUILDINGS (2025)! Investors will appreciate the property's low operating expenses, including a private well and two septic systems, eliminating municipal water and sewer costs. Situated on approximately 0.85 acres with RMC-20 zoning, the property also offers future redevelopment potential, subject to buyer verification and county approval. With 11 of 12 units currently occupied, strong in-place income, recent capital improvements, and an exceptional location serving university students, healthcare professionals, and the local workforce, Campus Gardens is a turnkey investment opportunity in one of Tampa's strongest rental markets.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.85 Acres
Roof Type: Shingle
Taxes: $17,756
Year Built: 1973
Amenities
Kitchen/Family Room Combo
Other
Thermostat
Courtyard
Lighting
Other
Feature Descriptions
Annual Net Income: 118187.00
Days on Site: 5
Directions: Campus Gardens is located on Gibson Ave off 56th Street between Fowler & Fletcher.
Exterior: Block, Brick
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash, Conventional
Lot Dimensions: 0.85
Ownership: Fee Simple
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Utilities: Cable Connected, Electricity Connected, Private
Water: Well
Water Access Y/N: No
Zoning: RMC-20
Local Schools
High School: King-HB
Middle School: Greco-HB
Elementary School: Lewis-HB
Listed By / Shown By
Listed By
Agency Name: BLUE PEAK REALTY LLC
Agency Contact: 727-777-7100
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 6,388.27 per month $4,339.85 Principal & Interest $1,479.67 Property Tax $568.75 Homeowner's InsuranceChange Payment Information
5901 Gibson Avenue | MLS# TB8528329
This multi-family property located at 5901 Gibson Avenue, Tampa, FL 33617 is currently listed for sale with an asking price of $1,950,000. Search Tampa real estate on www.realtymarkllc.com today.