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.
Property Details
Price:
$4,300,000
MLS #:
C7518538
Status:
Active
Beds:
56
Baths:
38
Type:
Multi Family
Subtype:
Multi Family (5+)
Subdivision:
GILCHRISTS EAST END ADD
Neighborhood:
34266arcadia
Listed Date:
Dec 3, 2025
Finished Sq Ft:
24,987
Total Sq Ft:
26,573
Lot Size:
145,926 sqft / 3.35 acres (approx)
Year Built:
1983
Units:
34
See this Listing
Schools
Elementary School:
Nocatee Elementary School
Middle School:
DeSoto Middle School
High School:
DeSoto County High School
Interior
Appliances
Microwave, Range, Refrigerator
Cooling
Central Air
Flooring
Laminate, Tile
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan
Laundry Features
Common Area, Other
Levels
One
Exterior
Construction Materials
Block
Exterior Features
Sidewalk
Roof
Shingle
Financial
Tax Year
2024
Taxes
$29,670
Map
Community
- Address1450 E GIBSON STREET ARCADIA FL
- SubdivisionGILCHRISTS EAST END ADD
- CityARCADIA
- CountyDeSoto
- Zip Code34266
Market Summary
Current real estate data for Multi Family in ARCADIA as of Oct 31, 2026
4
Multi Family Listed
160
Avg DOM
179
Avg $ / SqFt
$1,292,433
Avg List Price
Property Summary
- Located in the GILCHRISTS EAST END ADD subdivision, 1450 E GIBSON STREET ARCADIA FL is a Multi Family for sale in ARCADIA, FL, 34266. It is listed for $4,300,000 To schedule a showing of MLS#c7518538 at 1450 E GIBSON STREET in ARCADIA, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of SELLSTATE VISION REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 1450 E GIBSON STREET
ARCADIA, FL
