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.
Address
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Address: 1450 E GIBSON STREET
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City: Arcadia
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State/county: FL
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Zip/Postal Code: 34266
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Country: US
Details
Atualizado em julho 21, 2026 no 10:50 pm-
Property ID C7518538
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Price $4,500,000
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Property Size 26573 m²
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Land Area 3.35 m²
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Bedrooms 56
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Bathrooms 38
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Garage Size x x
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Year Built 1983
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Property Type Multi-Family 5+, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash,Conventional
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Roof Shingle
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Utilities Public
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Sewer Private Sewer
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Cooling Central Air
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Heating Central
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Flooring Laminate,Tile
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County De Soto
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Property Type Residential Income
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Elementary School Nocatee Elementary School
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Middle School DeSoto Middle School
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High School DeSoto County High School
Features
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