1450 E Gibson St Arcadia, FL 34266

Building Details

Year Built

1983

Listing Agency Sellstate Vision Realty S***@gmail.com Show Phone

Listed by Savannah Zarris · License #3368631 Show Phone

Source Elliman

Added: Apr 24 Checked: Jul 19 at 5:30 am

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Investment Insights

Based on property information with market context.

The Gibson Street Apartments, located at 1450 East Gibson Street, Arcadia, Florida, is a 34-unit multifamily community. The property consists of 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. A common-area laundry room is located on-site, though it is not currently in active use. The property is positioned as an opportunity for investors seeking stable income with value-add potential 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, making it suitable for long-term tenants, students, and local workforce housing. The property is somewhat bikeable and car-dependent.

Key Highlights

• Income‑producing 34‑unit multifamily community.
• Most units renovated with refrigerator, microwave, and stove included.
• New roofs on all 7 solid block buildings.

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FAQs

What type of property is this?

Apartment building - Income-producing property near key amenities and educational institutions.

Where is this apartment building located?

The property is located at 1450 E Gibson St Arcadia, FL.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: Income‑producing 34‑unit multifamily community.; Most units renovated with refrigerator, microwave, and stove included.; **New roofs on all 7 solid block buildings.**