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1450 E GIBSON ST,  ARCADIA, FL 34266

MLS# C7518538.  56 beds.  0.0 baths.  Multi-Family 5+.  Active

$29,670 in taxes (2024)

$4,600,000

 

Remarks:

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.

Quick Info:

  • Listing is courtesy Of: SELLSTATE VISION REALTY ((941-336-5400))
  • Listing Agent: Savannah Zarris ((941-807-4304))
  • Days on yellowkey: 170
  • Property Type: Multi-Family 5+
  • Beds: 56
  • Baths: 0.0
  • Living Area Square Feet: 24987
  • Built 1983
  • Taxes: $29,670 (2024)
  • Garage Spaces: ()
  • Square Feet: 26573
  • Fees: $0
  • DeSoto County
  • Terms: Cash, Conventional
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  • Subdivision Name: GILCHRISTS EAST END ADD
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
12/3/2025Sale170C7518538listed for sale$4,900,000-173.1080MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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