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Alexis McKenzie

alexis@4cfloridahomes.com +1(321) 438-9670

$ 1,950,000

Est. payment | -/mo

1,287 SqFt

Save Virtual Tour

$ 1,950,000

Est. payment | -/mo

Save Virtual Tour

1,287 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 1,287 sqft

Price per Sqft $1,515

Subdivision Unplatted

MLS Listing ID TB8533474

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 Multi-Family 5+

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

Heating Central

Cooling Central Air

Flooring Tile

Appliance Refrigerator

Exterior

View Y/N No

Water Access No

Building

Story 1

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Well

Structure Type Block,Brick

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8533474

Listed by Matt Pereira BLUE PEAK REALTY LLC

NEARBY SCHOOL & BUSINESS

We greatly appreciate the opportunity to help you and your family with your real estate goals. We know that you had many choices and we do not take your business for granted. We work to make sure our clients have the best experience possible working with a professional agent who is Reliable, Trustworthy and Knowledgeable.

+1(321) 438-9670

alexis@4cfloridahomes.com

5901 GIBSON AVE Tampa, FL 33617