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$4,300,000
Monthly Est:$21,403
56 Beds
38 Baths
24,987sqft
1450 E Gibson St, Arcadia, FL 34266
$4,300,000
$21,403/moEst:
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Multi Family
Built in 1983
$-- HOA
3.35 acres lot
$172/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 30, 2026 at 3:45 pm
- Listing Provided by: Savannah Zarris (941) 807-4304 | SELLSTATE VISION REALTY (941) 336-5400
- Source: Stellar MLS-FL as distributed by MLS GRID | MLS#: C7518538
This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1983
HOA Fees
-
Finished Area
24,987 sqft
Lot Size
3.35 acres lot
Basement Area
- sqft
MLS Name
Stellar MLS
MLS Number
C7518538
MLS Status
Active
Days on Market
334
Cumulative Days on Market
330
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 56
Bathrooms: 38
Interior
Flooring
Laminate, Tile
Interior Features
Ceiling Fans(s), Open Floorplan
Sewer
Private Sewer
Appliances
Microwave, Range, Refrigerator
Exterior Features
Sidewalk
Heating
Central
Cooling
Central Air
Construction
Year Built
Year Built: 1983
Home type
Multi Family
Foundation Details
Block, Slab
Construction Materials
Block
Property Condition
Completed
Roof
Shingle
Utilities & Energy
Utilities
Public
Water Source
Public
Laundry Features
Common Area, Other
Other Features
Tenant Pays
Electricity, Sewer, Water
Subdivision Name
Gilchrists East End Add
Price History
| Date | Event | Price |
|---|---|---|
08/13/2026 Source: | Listing Removed | $4,300,000 $172/sqft |
08/13/2026 Source: #MFRC7518538 | Listed for Sale | $4,300,000 -4.44% $172/sqft |
06/05/2026 Source: | Price Decreased | $4,500,000 -2.17% $180/sqft |
05/11/2026 Source: | Price Decreased | $4,600,000 -6.12% $184/sqft |
12/04/2025 Source: | Listed for Sale | $4,900,000 $196/sqft |
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Based on information from Stellar MLS® through Nov 02, 2026, 02:15PM as submitted to and distributed by MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. © 2026 Stellar MLS. All Rights Reserved.
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