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1450 E GIBSON STREET Arcadia, FL 34266

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For Sale
$4,900,000

Multi-Family 5+ - ARCADIA, FL

Property size:
24,987 SF
Lot size:
3.35 Acres
Added:
Dec 3, 2025
Days on Market:
119
Last Refresh:
Apr 1 at 11:06 am

Property Features for 1450 E GIBSON STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Bedrooms
56
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Pets allowed
Yes
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Sidewalk
Appliances
Microwave, Range, Refrigerator
Standard status
Active
APN
31-37-25-0016-8030-0010
Size
24,987 SF
Lot size
3.35 Acres

Taxes and HOA fees

TaxYear
2024
TaxAnnualAmount
29670.24

Utilities

Heating system
Central
Cooling system
Central Air

Building Details

Year built
1983
Number of units
34
Flooring type
Laminate, Tile
Building materials
Block
Roof type
Shingle
Architectural style
Other

We can help!

Listing Contact
Savannah Zarris

Listing agent Savannah Zarris License #3368631

Listing office SELLSTATE VISION REALTY 2705 Tamiami Trail 313, Punta Gorda, FL

Listing date Dec 3, 2025

MLS# C7518538 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Arcadia Multifamily Investment Opportunity

The Gibson Street Apartments, located at 1450 East Gibson Street in Arcadia, Florida, comprise a 34-unit multifamily community. The property includes 7 solid block buildings constructed on slab foundations. The buildings have been recently updated with new roofs. Most of the units have been renovated, and each unit is equipped with a refrigerator, microwave, and stove. All utilities, including electric and water, are individually metered. The property is connected to city water and sewer services. A common-area laundry room is located on-site, although it is not currently in use. This property presents an opportunity for investors seeking stable income with potential for value-add through activating the laundry room and upgrading the remaining classic units. The location is near DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus, all within one mile, making it suitable for long-term tenants, students, and local workforce housing. The property is zoned R-4 and the lot size is 3.35 acres. The property size is 24987 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Woodside Villas of Arcadia Apartment Building Gibson St apartments Apartment Complex

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Arcadia
County
DeSoto
State
Florida
Longitude
-81.843148
Latitude
27.223094

FAQs

What type of property is this?
Apartment building - 34-unit multifamily community with value-add potential in Arcadia, Florida.
Where is this apartment building located?
The property is located at 1450 E GIBSON STREET Arcadia, FL.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Income‑producing 34‑unit multifamily community.; Most units renovated and include refrigerator, microwave, and stove.; Strong value‑add opportunity by activating laundry room and upgrading remaining classic units.
More about this property
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