1450 GIBSON, ARCADIA, FL, 34266 — photo 1
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1450 GIBSON, ARCADIA, FL, 34266

$4,900,000

56 Beds24,987 Sq FtBuilt 19833.35 Acres

About This Property

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.

Subdivision

GILCHRISTS EAST END ADD

Status

Active

Listed By

SELLSTATE VISION REALTY

Days on Market

84

Mortgage Calculator

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Est. Monthly Payment

$30,266

30-yr fixed · 20% down · 6.875%

Principal & Interest$25,752
Property Tax (actual)$2,473
Est. Home Insurance~0.5% est.$2,042
Total / month$30,266
Loan amount$3,920,000

Estimates only — taxes and insurance are approximate. PMI rate, actual lender fees, and closing costs not included. Contact a licensed lender for a precise quote.

Interested in This Property?

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Call (813) 618-7653Request a Showing

MLS# 4235a8ed7cf9d74ffa3f8fa94d742802

Location