BRAND NEW ROOFS ON ALL SIX BUILDINGS (2025)! 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… Read More 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.
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. Read Less
Courtesy of BLUE PEAK REALTY LLC 727-777-7100
Listing Snapshot
Days Online
0
Last Updated
Property Type
Duplex
Beds
12
Square Ft.
1,287
Lot Size
0.85 Acres
Year Built
1973
MLS Number
TB8528329
Additional Details
Property Access
Road Surface: Paved
Building
Built in 1973, Living area: 1287, Living area units: Square Feet, Construction Materials: Block, Brick
Cooling
Central Air
Exterior Features
Courtyard, Lighting
Foundation
Slab
Heating
Central
Income
Gross Income: $153,840
Interior Features
Kitchen/Family Room Combo, Thermostat
Laundry
None
Lot
0.85 acres, Dimensions: 143x260
Pets Policy
Allowed: Yes
Roof
Shingle
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: U-10-28-19-ZZZ-000001-31060.0, Public Survey Range: 19, Public Survey Section: 10, Annual Amount: $17,756.3, Tax Block: 1, Tax Book Number: CB07-45, Legal Description: S 144.78 FT OF N 169.78 FT OF E 256.8 FT OF W 1066.6 FT OF S 1/2 OF SW 1/4 OF NE 1/4, Lot: 310600, Year: 2025, Zoning: RMC-20
Tenant Pays
Electricity
Utilities
Cable Connected, Electricity Connected, Private, Water Source: Well, 12 separate electric meters
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