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Lasbury Tracy Realty Inc
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$1,950,000

Active

5901 Gibson Ave, Tampa, FL 33617

1,287 sq ft

Listing courtesy of BLUE PEAK REALTY LLC Β· MLS# TB8533474

92 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this property

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.

Facts

Property type
Multi-Family 5+
Year built
1973
Flood zone
X
Annual taxes
$17,756/yr
Listed
Jul 28, 2026
MLS #
TB8533474

Commercial details

Building & site

Building size
1,287 SF
Lot size
0.85 acres (37,180 SF)
Zoning
RMC-20
Road frontage
City Street
Buildings
6
Occupancy
Tenant-occupied

Investor metrics

Price per SF (MLS)
$1,515.15/SF
Net operating income
$118,187/yr
Gross income
$153,840/yr
Annual expenses
$35,653/yr
Units
12

As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β€” confirm with the listing broker before relying on them. We never estimate a cap rate.

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Pick a day that suits you β€” a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

5901 Gibson Ave, Tampa, FL 33617

Listing courtesy of BLUE PEAK REALTY LLC Β· MLS# TB8533474 Β· Active

How would you like to see it?
Which day?
What time of day?

In person Β· Thu, Oct 29 Β· Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this property is

Opens on aerial β€” on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

Similar properties

Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:57 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. Β· [email protected]