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$310,000

401 Citrus Avenue Arcadia, FL 34266 Residential - Single Family Active

  • 401 Citrus Avenue , Arcadia, FL 34266 Main Photo

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Description

**Income-producing investment opportunity in Arcadia, Florida. This tenant-occupied single-family rental is offered exclusively as part of a three-property residential investment portfolio that 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 combined annual gross rental income, representing an 8.50% gross yield. Each property is located on its own tax parcel, providing ownership flexibility and future disposition options. All three properties are fully leased and are being sold subject to the existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer is responsible for independently verifying all rental income, lease terms, operating expenses, dimensions, zoning, permits, and all other information deemed material during the due diligence period.

Property Highlights

Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,872
Year Built: 1984

General Information

Bedrooms: 4
Bathrooms: 2 Full
Sqft: 1,248
County: De Soto
Subdivision: A W GILCHRISTS
Listed By:
Rex Glasson DOUGLAS ELLIMAN 941-867-6199

Amenities

Other
Other

Property Features

Appliances: Microwave, Range, Refrigerator
Directions: From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
Exterior: Frame
Flood Zone Code: x
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.12
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: R-1C
$310,000
4beds
2.0baths
1,248sqft
New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,248 MLS#A4700128
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONA W GILCHRISTS

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401 Citrus Avenue , Arcadia, FL 34266.

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Estimated Payment

$ 1,291.99 per month $1,045.58 Principal & Interest $156.00 Property Tax $90.42 Homeowner's Insurance

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