1450 E Gibson Street, Arcadia, FL 34266

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
1450 E Gibson Street,Arcadia, FL 34266
$4,900,000
Virtual Tour
  • 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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1983
  • Listing ID #:C7518538
  • Added:71 day(s) ago
  • Updated:February 13, 2026 at 05:07 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)
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Better Homes and Gardens Real Estate Thomas Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Thomas Group, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

New listings near 1450 E Gibson Street