1450 E Gibson Street, Arcadia, FL 34266

Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
1450 E Gibson Street,Arcadia, FL 34266
$4,900,000
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  • 56 Beds
  • 38 Baths
  • 24,987 sq. ft.
  • Multi-family
  • Active
Listed by: savannah zarris, j. lyn bevis
Office: sellstate vision realty
MLS#:C7518538
Source:MFRMLS

Price summary

  • Price:$4,900,000
  • Price per sq. ft.:$184.4

About this home

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

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Home facts

  • Year built:1983
  • Listing ID #:C7518538
  • Added:26 day(s) ago
  • Updated:December 30, 2025 at 01:18 PM

Rooms and interior

  • Bedrooms:56
  • Total bathrooms:38
  • Living area:24,987 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1983
  • Building area:24,987 sq. ft.
  • Lot area:3.35 Acres

Schools

  • High school:DeSoto County High School
  • Middle school:DeSoto Middle School
  • Elementary school:Nocatee Elementary School

Utilities

  • Water:Public
  • Sewer:Private Sewer, Public

Finances and disclosures

  • Price:$4,900,000
  • Price per sq. ft.:$184.4
  • Tax amount:$29,670 (2024)
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