Commercial Sale · Multi Family (5+)
5901 GIBSON AVENUE, TAMPA, FL, 33617
Active10 days on marketListed Jul 28, 2026MLS #TB8533474
About this property
The property at a glance
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.
1,287
Building sq ft
$1,515
Price / sq ft
0.85
Lot acres
1973
Year built
12
Units
6
Buildings
RMC-20
Zoning
Multi Family (5+)
Property type
The numbers
Investment snapshot
6.1%
Cap rate
$118,187
Net operating income
$153,840
Gross income (yr)
$162,500
Price / unit
12
Units
Estimated payment (illustrative)
Estimated payment
$10,408/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
Recent sales
What actually sold near 5901 GIBSON AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$28,800
6953 E FOWLER AVENUE
1,250 sqft · $23/sqft · Sold Apr 1, 2026
$255,000
13801 BRUCE B DOWNS BOULEVARD UNIT 205
1,209 sqft · $211/sqft · Sold May 15, 2026
$340,000
13220 N 56TH STREET UNIT 13220
1,515 sqft · $224/sqft · Sold Apr 30, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 5901 GIBSON AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5901 GIBSON AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of BLUE PEAK REALTY LLC · Matt Pereira. MLS #TB8533474.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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