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1450 E Gibson Street, 
Arcadia, FL 34266

$4,900,000


56

Beds


38

Baths


24,987

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Savannah Zarris

Sellstate Vision Realty

Last updated:

December 4, 2025, 02:36 PM

MLS#

C7518538

Source:

MFRMLS

About This Home

1450 E Gibson Street

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.

Home Facts

Multi-Family

38 Baths

56 Bedrooms

Built in 1983

Price Summary

4,900,000

$196 per Sq. Ft.

MLS #:

C7518538

Last Updated:

December 4, 2025, 02:36 PM

Added:

1 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

56

Bathrooms

Total Bathrooms:

38

Interior

Living Area:

24,987 Sq. Ft.


Structure

Structure

Building Area:

26,573 Sq. Ft.

Year Built:

1983


Lot

Lot Size (Sq. Ft):

145,926


Finances & Disclosures

Finances

Price:

$4,900,000

Price per Sq. Ft:

$196 per Sq. Ft.

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