$4,500,000
Original: $4,900,000 ▼ Price reduced

1450 E GIBSON ST, Arcadia, FL 34266

Active
56
Beds
38
Baths
24,987
Sq Ft
$180
Per Sq Ft
1983
Built
184
Days Listed

About This Property

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.

Property Details

TypeMulti-Family 5+
Lot3.35 ac
PoolNo
WaterfrontNo
SubdivisionGILCHRISTS EAST END ADD
HOANo
Tax/yr$29,670
HeatingCentral
CoolingCentral Air
FlooringLaminate, Tile
RoofShingle

Schools

ElementaryNocatee Elementary School
MiddleDeSoto Middle School
High SchoolDeSoto County High School

Listed by SELLSTATE VISION REALTY · MLS# C7518538

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Properties displayed may be listed or sold by various participants in the MLS

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Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-05.
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.
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Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
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