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Active - Multi Family for sale

1450 E GIBSON STREET, Arcadia, FL

56 bds|24,987 sqft

Facts & features

Multi Family Property type
346 days on Beycome
1983 Year built
$172 Price/Sqft.
145,926 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of SELLSTATE VISION REALTY as distributed by MLS GRID.

Listed by: Savannah Zarris • SavannahSellsSWFL@gmail.com • SELLSTATE VISION REALTY

Co-listed by: SELLSTATE VISION REALTY

Source: Stellar MLS as distributed by MLS GRID, MLS#: C7518538 Stellar MLS as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 12:33 PM EST.

Come see by yourself

Affordability

$2,795,000$5,805,000
1%20%
0%90%
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Estimated monthly payment

$24,216/mo

  • Mortgage$21,743
  • Property tax$2,473
  • HOA fee
  • Homeowners insurance
Due at closing$3,418,500
Down payment held in escrow$860,000
Closing costs$64,500
beycome credit Est.$86,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$86,000 Credit back

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Travel times

About Gilchrists East End Add

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by 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.

$4,300,000 Listed price

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$86,000 Credit back

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