For Sale

Listed by Savannah Sheppard and J. Lyn Bevis from SELLSTATE VISION REALTY

Source: Stellar MLS #C7518538

1450 E Gibson St, Arcadia, FL, 34266

$4,600,000

56
38
26573 sq. ft.
145926 sq. ft.

Other

30+ days on the market

What's around 1450 E Gibson St

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.

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