5901 GIBSON AVENUE
Tampa, FL, 33617 $ 1,950,000
Bedrooms-- Baths-- Sq 1,287 Monthly Estimate*
$ 12,313
for $1,950,000. This 1,287 square foot building was built in 1973 on a lot size of 0.85.
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.
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Central Air
Appliances Refrigerator
Zoning RMC-20
Construction Materials Block Brick
Year Built 1973
Property Subtype Multi Family (5+)
Tax Year 2025
Ownership Fee Simple
Gross Income 153840
County Hillsborough
New Construction false
Property Type Commercial Sale
Subdivision Name UNPLATTED
Status Active
Directions Campus Gardens is located on Gibson Ave off 56th Street between Fowler & Fletcher.
City TAMPA
Number Of Units Total 12
MLS Area 33617 - Tampa / Temple Terrace
Lot Size Units Square Feet
Lot Size Square Feet 37180
Listing Terms Cash
Tax Annual Amount 17756.27
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8533474
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 310600
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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InteriorFlooring Tile
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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ExteriorWater Source Well
Lot Size Area 37180
Foundation Details Slab
Number of Buildings 6
Building Area Total 1287
Lot Dimensions 143 x 260
Lot Size Acres 0.85
Road Surface Type Paved
Waterfront Y/N false
Number of Separate Water Meters 0
Number of Separate Electric Meters 12
Road Frontage Type City Street
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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 NearbyCommerical listings in Tampa, FL
Average List Price $1,637,454
Percent of Sale Price 16%
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.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/28/2026 | $1,950,000 | | Listed Price |