TURNKEY Waterfront Income Property $237,000+/- Verifiable Gross Income Offered at 7% Cap Rate 16 Rental Income Units 10 Buildings 12.2 Acres GULF ACCESS One of the FIRST times available for private ownership purchase, previously sold by State of Florida. FULLY RENOVATED, with numerous NEWER ROOFS, NEW KITCHENS, APPLIANCES, HVACS, FLOORING, PAINT INSIDE AND OUT and more. Horse Creek Retreat is an established Airbnb business with a 4.99-star rating and 300+ reviews, providing immediate cash flow. Rare opportunity to acquire a fully operational, income-producing waterfront retreat with over 950 linear feet of Gulf access frontage on 12.2± acres. This unique property features 16 income-producing units across 10 structures, offering a diversified mix of short-term rentals, long-term tenants, and group accommodations. Improvements include a 9-unit Dormitory Building, a 7-bedroom Retreat Center ideal for large groups, Cafeteria Building, Waterfront Cottage and (3) Tiny homes, and income-producing (2) RV sites, Utility Building with Workshop, Large Pole Barn, and a Storage Building. Significant value-add potential remains, including a large waterfront cafeteria building with commercial kitchen (ideal for events or additional income) and an fully renovated owner’s residence that can be rented for added revenue. AGRICULTURAL Zoning Approved Uses: Agri-tourism, Bed & Breakfast, Vet Hospital, Animal Breeding/Training, Livestock sales, Fruit/Nut Production, Egg/Milk Production, Barns, AG equipment storage, Beekeeping, Private Dock, Commercial Fisheries, Family Day Care, HORSES/ANIMALS, and more! Property features include a private BOAT RAMP, serene canal frontage, livestock pen, and fully Fenced. "Off the Grid" potential with a private commercial Wastewater System & Water Treatment Facility. Conveniently located near I-75 within 10 min and Downtown Punta Gorda while offering privacy and natural surroundings adjacent to thousands of acres of preserved land. Ideal for investors, retreat operators, or those seeking a scalable hospitality business with strong in-place income and upside potential. Don't miss this RARE opportunity - schedule your tour today!
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.

Arcadia is located in Florida. Arcadia, Florida has a population of 7,460. Arcadia is more family-centric than the surrounding county with 28.68% of the households containing married families with children. The county average for households married with children is 28.46%.
The median household income in Arcadia, Florida is $27,869. The median household income for the surrounding county is $39,945 compared to the national median of $69,021. The median age of people living in Arcadia is 34.6 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 49.3 degrees. The average rainfall is approximately 51.7 inches per year, with 0 inches of snow per year.