$1,950,000
Active5901 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 listingβs 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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5901 Gibson Ave, Tampa, FL 33617
Listing courtesy of BLUE PEAK REALTY LLC Β· MLS# TB8533474 Β· Active
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.



