New Listing - 12/03/2025

$4,900,000 ($196.10 per sqft)

Est. Mortgage $23,818/mo *

Quick Pre-Approval

1450 E GIBSON STREET, Arcadia, FL, 34266

1450 E GIBSON STREET, Arcadia, FL, 34266

56 beds

1983

24,987 sqft

Welcome to Gibson Street Apartments, a 34-unit multifamily community located at 1450 East Gibson Street. This income-producing property features 7 solid block buildings, each built on slab foundations and recently updated with new roofs. Most units have been renovated, and every unit includes a refrigerator, microwave, and stove. All utilities are individually metered, including electric and water, and the property is connected to city water and sewer. A common-area laundry room is located on-site, though it is not currently in active use. This is a well-positioned opportunity for investors seeking stable income with strong value-add by activating the laundry room and upgrading the remaining classic units. The location offers strong rental appeal with key amenities just minutes away. Within one mile, you’ll find DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus, making this an ideal setting for long-term tenants, students, and local workforce housing.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Common Area, Other

Units:

34

Subdivision:

GILCHRISTS EAST END ADD

Heating:

Central

Cooling:

Central Air

Acreage:

3.35

Est. Taxes:

$29,670

Construction

Block

Utilities

Public

Elementary School:

Nocatee Elementary School

Middle School:

DeSoto Middle School

High School:

DeSoto County High School

Days on Market:

1

Pet Policy:

Yes

Appliances:

Microwave, Range, Refrigerator

Lease Term Type:

12 Months

MLS #:

C7518538


Community Info

School Info

Walk Score

Yelp



Listing courtesy of SELLSTATE VISION REALTY 941-336-5400