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$1,950,000

0 Beds 0 Baths 1,287 SQFT 0.85 Acres
Type: Commercial

5901 GIBSON AVENUE
TAMPA, FL 33617

MLS#: TB8533474
Marcos Martinez
Marcos Martinez
The Real Estate Advantage
Phone: 612.749.0944
Office: 763.755.1100
Presented by: BLUE PEAK REALTY LLC with 727-777-7100. - 727-777-7100

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.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories1

General

Additional Parcels Y/NNo
AppliancesRefrigerator
Building Area Units0 sqft
CityTAMPA
Construction MaterialsBlock, Brick
CoolingCentral Air
CountyHillsborough
DirectionsCampus Gardens is located on Gibson Ave off 56th Street between Fowler & Fletcher.
Flood Zone CodeX
Flood Zone Code XY
Gross Income153840
HeatingCentral
Legal DescriptionS 144.78 FT OF N 169.78 FT OF E 256.8 FT OF W 1066.6 FT OF S 1/2 OF SW 1/4 OF NE 1/4
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet37,180 sqft
Lot Size UnitsSquare Feet
MLS Area33617 - Tampa / Temple Terrace
New ConstructionNo
Number Of Units Total12
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeMulti Family (5+)
Property TypeCommercial Sale
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameUNPLATTED
Tax Annual Amount$17,756
Tax Lot310600
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1973
ZoningRMC-20

Exterior

Building Area Total1,287 sqft
Foundation DetailsSlab
Lot Dimensions143 x 260
Lot Size Acres0.85
Lot Size Area37,180 sqft
Number of Buildings6
Number of Separate Electric Meters12
Number of Separate Water Meters0
Road Frontage TypeCity Street
Road Surface TypePaved
Water SourceWell
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$1,950,000

0 Beds 0 Baths 1,287 SQFT 0.85 Acres
Type: Commercial

5901 GIBSON AVENUE
TAMPA, FL 33617

MLS#: TB8533474
Marcos Martinez
Marcos Martinez
The Real Estate Advantage
Phone: 612.749.0944
Office: 763.755.1100