$1,950,000

5901 Gibson Avenue Tampa, FL 33617 Commercial - Multiple Active

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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 Highlights

Property Type: Commercial - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.85 Acres
Stories: 1.0
Taxes: $17,756
Year Built: 1973

General Information

County: Hillsborough
Subdivision: UNPLATTED
Listed By:
Matt Pereira BLUE PEAK REALTY LLC 727-777-7100

Property Features

Appliances: Refrigerator
Directions: Campus Gardens is located on Gibson Ave off 56th Street between Fowler & Fletcher.
Exterior: Block, Brick
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot Dimensions: 0.85
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Sale Includes: Building(s) and Land, Leases
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 12
Water: Well
Water Access Y/N: No
Zoning: RMC-20
$1,950,000
New to the Market Active
BEDS0 BATHS SQUARE FEET1,287 MLS#TB8533474
STATUSActive PROPERTY TYPECommercial - Multiple SUBDIVISIONUNPLATTED

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5901 Gibson Avenue , Tampa, FL 33617.

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