FL > Arcadia > Gilchrists East End Add
Arcadia, FL 34266,1450 E GIBSON ST
Arcadia, FL 34266,1450 E GIBSON ST
Arcadia, FL 34266,1450 E GIBSON ST
Arcadia, FL 34266,1450 E GIBSON ST
Arcadia, FL 34266,1450 E GIBSON ST
Arcadia, FL 34266,1450 E GIBSON ST
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Manuel Diaz

Manuel Diaz

+1(386) 523-4848
$ 4,900,000
Est. payment | /mo

56 Beds

38 Baths

24,987 SqFt

Save Virtual Tour
$ 4,900,000
Est. payment | /mo
Save Virtual Tour

56 Beds

38 Baths

24,987 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 24,987 sqft

Price per Sqft $196

Subdivision Gilchrists East End Add

MLS Listing ID C7518538

Bedrooms 56

Construction Status Completed

HOA Y/N No

Year Built 1983

Annual Tax Amount $29,670

Lot Size 3.350 Acres

Acres 3.35

Property Sub-Type Multi Family

Source Stellar MLS

Property 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.

Location

State FL

County Desoto

Community Gilchrists East End Add

Area 34266 - Arcadia

Zoning R-4

Interior

Interior Features Ceiling Fans(s), Open Floorplan

Heating Central

Cooling Central Air

Flooring Laminate, Tile

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Common Area, Other

Exterior

Exterior Feature Sidewalk

Utilities Available Public

Roof Type Shingle

Garage false

Private Pool No

Building

Entry Level One

Foundation Block, Slab

Lot Size Range 2 to less than 5

Sewer Private Sewer

Water Public

Structure Type Block

New Construction false

Construction Status Completed

Schools

Elementary Schools Nocatee Elementary School

Middle Schools Desoto Middle School

High Schools Desoto County High School

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7518538

Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Savannah Zarris SELLSTATE VISION REALTY
Manuel Diaz

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 523-4848

manueldiazrealtor@gmail.com

1400 S International Pkwy, Lake Mary, FL, 32746, USA

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1450 E GIBSON ST