$
1450 E GIBSON ST
Arcadia, Desoto, FL, 34266
Active$4,300,000
$172/sqft
56Beds
38Baths
24,987Sq Ft
1983Built
315Days on Market
About this home
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.
Facts & Features
MLS ID#MFRC7518538
Price$4,300,000
StatusActive
Bedrooms56
Bathrooms38
Full BathsN/A
Half BathsN/A
Square Footage24,987 sqft
Acres3.3500
Year Built1983
TypeResidential Income
SubtypeMulti-Family 5+
StyleN/A
Community Information
Address1450 E GIBSON ST
SubdivisionGilchrists East End Add
CityArcadia
CountyDesoto
StateFL
Zip Code34266
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontNo
PoolNo
Interior
Interior FeaturesCeiling Fans(s), Open Floorplan
HeatingCentral
CoolingCentral Air
FlooringLaminate, Tile
FireplaceN/A
StoriesN/A
AppliancesMicrowave, Refrigerator, Range
Exterior
Exterior FeaturesSidewalk
ConstructionBlock
FoundationSlab, Block
RoofShingle
FencingN/A
Lot FeaturesN/A
School Information
ElementaryNocatee Elementary School
MiddleDesoto Middle School
HighDesoto County High School
Additional Information
Date ListedDecember 3, 2025
Days on Market315
ZoningR-4
Direction FacesN/A
New ConstructionNo
Mortgage Calculator
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. SELLSTATE VISION REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
315 days on market
Listed by: Savannah Zarris · 941-807-4304—SELLSTATE VISION REALTY · 941-336-5400
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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