34-Unit Apartment
For Sale
$4,300,000
1450 E GIBSON Street, Arcadia, FL 34266
Residential Income, ARCADIA, FL
Property Size24,987 SF
Lot Size3.35 Acres
Price / SF$172.09
Days on Market303
Property Features for 1450 E GIBSON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Bedrooms
56
Bathrooms
38
Full bathrooms
38
Rooms
Bathroom 36, Bedroom 43, Bathroom 14, Bedroom 55, Bathroom 6, Bedroom 21, Bedroom 54, Bedroom 29, Bathroom 27, Bedroom 34, Bathroom 37, Bedroom 24, Bedroom 13, Bedroom 25, Bedroom 33, Bedroom 48, Bathroom 8, Bathroom 28, Bathroom 24, Bedroom 37, Bedroom 17, Bathroom 19, Bedroom 31, Bathroom 3, Bathroom 5, Bedroom 19, Bedroom 20, Bedroom 30, Bedroom 12, Bedroom 53, Bathroom 26, Bathroom 11, Bedroom 49, Bathroom 22, Bedroom 32, Bathroom 23, Bedroom 56, Bathroom 12, Bathroom 20, Bathroom 30, Bathroom 10, Bedroom 5, Bathroom 16, Bedroom 52, Bedroom 2, Bathroom 25, Bathroom 18, Bedroom 16, Bathroom 33, Bedroom 38, Bedroom 46, Bedroom 41, Bedroom 23, Bathroom 13, Bathroom 7, Bedroom 22, Bedroom 28, Bedroom 44, Bedroom 40, Bedroom 11, Bathroom 32, Bedroom 10, Bedroom 45, Bathroom 29, Bedroom 36, Bathroom 35, Bathroom 2, Bedroom 1, Bathroom 9, Bathroom 15, Bathroom 31, Bedroom 7, Bedroom 18, Bedroom 35, Bedroom 50, Bedroom 27, Bathroom 1, Bedroom 26, Bedroom 3, Bathroom 4, Bedroom 39, Bedroom 6, Bathroom 17, Bedroom 9, Bedroom 47, Bathroom 34, Bathroom 38, Bedroom 14, Bathroom 21, Bedroom 4, Bedroom 15, Bedroom 42, Bedroom 8, Bedroom 51
Pets allowed
Yes
Interior features
Ceiling Fans(s), Open Floorplan
Exterior features
Sidewalk
Appliances
Microwave, Range, Refrigerator
Subdivision
GILCHRISTS EAST END ADD
Elementary school
Nocatee Elementary School
Middle school
DeSoto Middle School
High school
DeSoto County High School
Directions
From I-75, take Exit 170 onto Kings Highway / CR-769 toward Arcadia. Head northeast on Kings Highway - you'll be traveling into DeSoto County toward Arcadia. Continue on Kings Highway until you reach town (Arcadia). Once in Arcadia, locate East Gibson Street - 1950 East Gibson St. will be along that street.
Standard status
Active
APN
31-37-25-0016-8030-0010
Size
24,987 SF
Lot size
3.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
A W GILCHRIST EAST END ADD ALL BLK 3 TIER 8 & W 66 FT OF BLK 2 TIER 8 & THAT PART PLATTED AV IN TIER 8 LYG BTW BLK 3 & BLK 2 LESS N110 FT OF E 210 FT THEREOF INST:201714001674
Tax Annual Amount
29670
Legal Description
A W GILCHRIST EAST END ADD ALL BLK 3 TIER 8 & W 66 FT OF BLK 2 TIER 8 & THAT PART PLATTED AV IN TIER 8 LYG BTW BLK 3 & BLK 2 LESS N110 FT OF E 210 FT THEREOF INST:201714001674
Utilities
Sewer type
Private Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
common-area laundry room
Building Details
Year built
1983
Floors in Building
1
Number of units
34
Flooring type
Laminate, Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
SELLSTATE VISION REALTY
(941) 336-5400
Listed By:
Savannah Zarris · License #3368631
(941) 807-4304
Added: Dec 3, 2025
Changed: Sep 12
Last Checked: Oct 2 at 10:06AM
MLS# C7518538
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.
Investment Insights
Based on property information with market context.
This 34-unit apartment community comprises seven block buildings on slab foundations across 3.35 acres. The property contains 24,987 square feet and was built in 1983. Most apartments have been renovated, while all units include a refrigerator, microwave, and range. Tile and laminate flooring, ceiling fans, open floorplans, central heating, and central air are among the reported features. Electric and water are individually metered, and the property has public water service. Updated shingle roofs and sidewalks serve the buildings, and a common laundry room is located on-site but is not currently operating.
The property is located at 1450 E Gibson Street in Arcadia, Florida. DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus are each within one mile. R-4 zoning applies to the property.
The property is located at 1450 E Gibson Street in Arcadia, Florida. DeSoto County Hospital, DeSoto County High School, and the South Florida State College campus are each within one mile. R-4 zoning applies to the property.
Key Highlights
- 34‑unit apartment property on 3.35 acres
- Seven block buildings with slab foundations and updated roofs
- 24,987 square feet; built in 1983
Property Analytics
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Current Use
Lease Details
34
Residential units
Yes
Utilities to site
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven block buildings offer renovated units, individual utility metering, and on-site laundry facilities.
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 $4,300,000.
What are key features of this property?
This property features: 34‑unit apartment property on 3.35 acres; Seven block buildings with slab foundations and updated roofs; 24,987 square feet; built in 1983
