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$310,000

4 Beds 2 Baths 1,248 SQFT 0.12 Acres
Type: Single Family

401 CITRUS AVENUE
ARCADIA, FL 34266

MLS#: A4700128
Leanda Andrade
Leanda Andrade
The Real Estate Advantage
Realtor
Phone: 612.222.0159
Office: 763.755.1100
Presented by: DOUGLAS ELLIMAN with 941-867-6199. - 941-867-6199

Property Description

 

Income-producing investment property in Arcadia, Florida. This fully leased, tenant-occupied single-family rental home is offered exclusively as part of a three-property residential investment portfolio, which also includes 326 E. Whidden St. (MLS #A4699801) and 408 E. Maple St. (MLS #A4700131). Offered at $805,000, the portfolio generates $68,400 in annual gross rental income with an 8.50% gross yield. Each property is situated on its own tax parcel, providing flexibility for future ownership, financing, or disposition strategies. An outstanding opportunity for investors seeking a stabilized rental portfolio, cash-flowing real estate, long-term rental income, or a Florida investment property. All properties are being sold subject to existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer shall independently verify all rental income, lease terms, operating expenses, square footage, dimensions, zoning, permits, condition, and all other information deemed material during the due diligence period.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl
Furnished Y/NUnfurnished
Heating Y/NNo
Interior AmenitiesOther
Laundry FeaturesWasher Hookup
Total Stories1

General

Additional Parcels Y/NNo
AppliancesMicrowave, Range, Refrigerator
Building Area Units0 sqft
Carport Y/NNo
CityARCADIA
Construction MaterialsWood Frame
CoolingWall/Window Unit(s)
CountyDeSoto
DirectionsFrom W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
Facing DirectionSouthwest
Flood Zone Codex
Flood Zone Code XY
Full Baths2
Garage Y/NNo
HeatingNone
In Law Suite YNNo
Land Lease Y/NNo
Lease Considered Y/NYes
Legal DescriptionA W GILCHRISTS SUB OF SE1/4 OF NW1/4 ALL FRAC BLK R LESS LOT 2
LevelsOne
Listing TermsCash, Conventional
Living Area Units0 sqft
Lot Size Square Feet5,009 sqft
Lot Size UnitsSquare Feet
MLS Area34266 - Arcadia
Minimum LeaseNo Minimum
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
Property SubtypeSingle Family Residence
Property TypeResidential
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameA W GILCHRISTS SUB
Tax Annual Amount$1,873
Tax Lot2
Tax Year2025
Total Rooms3
UtilitiesElectricity Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1984
ZoningR-1C

Exterior

Building Area Total1,444 sqft
Exterior AmenitiesOther
Foundation DetailsSlab
Lot Size Acres0.12
Lot Size Area5,009 sqft
Private PoolNo
Road Surface TypeConcrete
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

Similar Properties

$310,000

4 Beds 2 Baths 1,248 SQFT 0.12 Acres
Type: Single Family

401 CITRUS AVENUE
ARCADIA, FL 34266

MLS#: A4700128
Leanda Andrade
Leanda Andrade
The Real Estate Advantage
Realtor
Phone: 612.222.0159
Office: 763.755.1100