5901 GIBSON AVENUE, Tampa, Florida, 33617

Listed by BLUE PEAK REALTY LLC, Matt Pereira, 813-399-9166, matt@bluepeakrealty.com
$1,950,000
1,287 Sqft
0.85 Acres
0 ba
#TB8533474
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

  • Water Access : 0
  • Sewer : Septic Tank
  • Road Surface Type : Paved
  • Heating : Central
  • Cooling : Central Air
  • Construction Materials : Block, Brick
  • Appliances : Refrigerator
  • Flooring : Tile
PROPERTY DETAILS
ID: TB8533474
Status: Active
Price: $1,950,000
Acres: 0.85 Acres
Price Per Acre: $2,294,118
Type: Other
Address: 5901 GIBSON AVENUE
City, State: Tampa, Florida
County: Hillsborough
Zip Code: 33617
Lat/Long: 28.063419, -82.39061
Presented By: Matt Pereira
Phone: 813-399-9166
Email: Click to Contact
Agent
Matt Pereira