5901 GIBSON AVENUE
Tampa, FL, 33617 $ 1,950,000
Bedrooms12 Baths12.0 Sq 1,287 Monthly Estimate*
$ 12,313
for $1,950,000 with 12 bedrooms and 12 full baths. This 1,287 square foot home was built in 1973 on a lot size of 0.85.
BRAND NEW ROOFS ON ALL SIX BUILDINGS (2025)! 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. 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.
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Connected Electricity Connected Private
Roof Shingle
Zoning RMC-20
Construction Materials Block Brick
Pets Allowed Yes
Year Built 1973
Tenant Pays Electricity
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Gross Income 153840
County Hillsborough
New Construction false
Property Type Residential Income
Subdivision Name UNPLATTED
Garage Y/N false
Status Active
Directions Campus Gardens is located on Gibson Ave off 56th Street between Fowler & Fletcher.
High School King-HB
City TAMPA
Senior Community Y/N false
MLS Area 33617 - Tampa / Temple Terrace
Lot Size Units Square Feet
Lot Size Square Feet 37180
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Lewis-HB
Land Lease Y/N false
Tax Annual Amount 17756.27
Middle/Junior High School Greco-HB
Ok to Lease 12 Months
Additional Parcels Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 310600
Total Actual Rent 12820
Legal Description S 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
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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InteriorInterior Amenities Kitchen/Family Room Combo Other Thermostat
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 12
Total Baths 12
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ExteriorExterior Amenities Courtyard Lighting Other
Water Source Well
Lot Size Area 37180
Foundation Details Slab
Number of Buildings 6
Building Area Total 1367
Lot Dimensions 143 x 260
Lot Size Acres 0.85
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Number of Separate Electric Meters 12
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* Excluded FeaturesList Bymatt@bluepeakrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,313
- Monthly Property Taxes
- $1,480
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Tampa, FL
Average List Price $856,540
Percent of Sale Price 56%
About Tampa, FL 378,990 Population
25% Since 2002
$ 49,435 Median Income
37.04 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
3324671 Elementary School
1827688 Middle School
King-HB High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/11/2026 | $1,950,000 | | Listed Price |