34-Unit Multifamily Community For
For Sale
$4,300,000
1450 E GIBSON, Arcadia, FL 34266
Income-producing property near key amenities and educational institutions.
Property Size24,987 SF
Days on Market126
Property Features for 1450 E GIBSON
General Information
Standard status
Active
Size
24,987 SF
Property subtype
Investment
Lease Term
12 months
Taxes and HOA fees
Annual Taxes
$29,670
Building Details
Building Size
24,987 SF
Year Built
1983
Units
34
Listing Agency:
SELLSTATE VISION REALTY
(941) 807-4304
Listed By:
Savannah Zarris · License #3368631
(941) 807-4304
Source:
Elliman
Added: Apr 24
Changed: Aug 15
Last Checked: Aug 26 at 12:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SELLSTATE VISION REALTY
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.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 34266, FL
28,827
Population
12,302
Households
2.3
Avg Household Size
40
Median Age
10%
College-Educated
70%
High-School Grad
578.1 sq mi
ZIP Area
50
Density / Sq Mi
$47,414
Median Household Income
$33,827
Median Earnings
$907
Median Rent
$144,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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 Arcadia, FL.
What is the asking price?
The asking price for this property is $4,300,000.
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.**
