For SaleCommercial SaleActive
5901 Gibson Avenue
Tampa, FL 33617
$1,950,000
104 Days On Site
- 1,287Sq Ft
- $1,515Per Sq Ft
- 0.85Acres
- 1973Built
- Subdivision
- Unplatted
- County
- Hillsborough
- MLS®
- TB8533474
Overview
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.
Listing Snapshot
- Price
- $1,950,000
- Days On Site
- 104 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 1,287 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.85 Acres
- Year Built
- 1973
- MLS® Number
- TB8533474
- Status
- Active
- Property Tax
- $17,756.27 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
7 items
- Acres
- 0.85
- Foundation
- Slab
- Number Of Stories
- 1
- Sewer
- Septic Tank
- SqFt Total
- 1,287
- Water Source
- Private, Well
- Zoning
- RMC-20
Interior Features
4 items
- Appliances
- Refrigerator
- Cooling
- Central Air
- Flooring
- Tile
- Heating
- Central
Exterior Features
2 items
- Construction Details
- Block, Brick
- Road Frontage
- City Street
Community Features
4 items
- MLS Area
- 33617 - Tampa / Temple Terrace
- Township
- 28
- Financing Terms Available
- Cash
- Roads
- Paved
Location
5901 Gibson Avenue, Tampa, FL 33617 · 33617 - Tampa / Temple Terrace
Neighborhood & Commute
ZIP Code 33617
- Median household income
- $55,312
- Income per person
- $29,653
- Households
- 20,151
- Average household size
- 2.36
- Median age
- 33.3
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Status changed to Active
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