1450 E GIBSON St, Arcadia, FL 34266

Beds
56
Baths
38
Sqft
24,987

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Listed bySellState Vision Realty
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Overview

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.

Location

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
56
Number of bathrooms
38
Square feet
24,987
Lot size (acres)
3.35
Year built
1983

Interior features

Laundry
Other, Common Area

Exterior features

Horse amenities
Stable

Utilities

Heating
Central
Cooling
Central Air
Sewer
Private Sewer
Water
Public Water

Taxes

Tax Annual Amount (2024)
$29,670.24

Public schools

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Sourced from: Stellar MLS MLS®#: C7518538 Last checked:

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