$4,900,000

1450 E GIBSON STREET, Arcadia, FL 34266

  • 56 beds |
  • 38 baths |
  • 24,987 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon3.35acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $196/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Date Added:
December 3, 2025
Data Last Updated:
February 11, 2026 at 6:22PM
Listing Office:
SELLSTATE VISION REALTY : 941-336-5400
Listing Agent:
Savannah Zarris : 941-807-4304
MLS ID:
C7518538
  • General: Ceiling Fans(s)Open Floorplan
  • Appliances: MicrowaveRangeRefrigerator
  • Laundry: Common AreaOther
  • Flooring: LaminateTile
  • A/C: Central Air
  • Heating: Central
  • General: Sidewalk
  • Roofing: Shingle
  • General: BlockOneBlockSlab
  • Road/Access: Paved
  • Originating MLS: Stellar MLS
  • County: DeSoto
  • Zoning: R-4A W GILCHRIST EAST END ADD ALL BLK 3 TIER 8 & W 66 FT OF BLK 2 TIER 8 & THAT PART PLATTED AV IN TIER 8 LYG BTW BLK 3 & BLK 2 LESS N110 FT OF E 210 FT THEREOF INST:20171400167431-37-25-0016-8030-0010
  • Utilities: Public
  • Water: Public
  • Sewer: Private Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Savannah Zarris , SELLSTATE VISION REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Memorial Elementary School

851 E Hickory St, Arcadia, FL, 34266

Grades PK-5

0.78 miles away

D

Desoto Middle School

420 E Gibson St, Arcadia, FL, 34266

Grades 6-8

0.48 miles away

D

Desoto County High School

1710 E Gibson St, Arcadia, FL, 34266

Grades 9-12

0.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.