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Marlon Persaud

marlon@thepersaudgroup.com +1(407) 760-9778

$ 1,950,000

Est. payment -/mo

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5901 GIBSON AVE Tampa, FL 33617

12 Beds

12 Baths

7,722 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,722 sqft

Price per Sqft $252

Subdivision Unplatted

MLS Listing ID TB8534281

Bedrooms 12

HOA Y/N No

Year Built 1973

Annual Tax Amount $17,756

Lot Size 0.850 Acres

Acres 0.85

Lot Dimensions 143x260

Property Sub-Type Duplex

Source Stellar MLS

Property Description

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.

Location

State FL

County Hillsborough

Community Unplatted

Area 33617 - Tampa / Temple Terrace

Zoning RMC-20

Interior

Interior Features Ceiling Fans(s)

Heating Central

Cooling Central Air

Flooring Tile

Fireplace false

Appliance Range, Refrigerator

Laundry None

Exterior

Exterior Feature Lighting, Sidewalk

Utilities Available Cable Connected, Electricity Available

View Y/N No

Water Access No

Roof Type Shingle

Garage false

Private Pool No

Building

Lot Description Landscaped, Level, Near Public Transit, Sidewalk, Paved

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Well

Structure Type Block,Brick

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8534281

Listed by Matt Pereira BLUE PEAK REALTY LLC

NEARBY SCHOOL & BUSINESS

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Marlon Persaud

Agent | License ID: SL3362985

+1(407) 760-9778

Marlon Persaud

5901 GIBSON AVE Tampa, FL 33617

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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5901 GIBSON AVE