Address
401 Citrus Avenue, ARCADIA, FL
Price
$ 310,000
Property Attributes
  • MLS#A4700128
  • TypeSingle Family
  • Listing Status Active
  • CountyDeSoto
  • CityARCADIA
  • AreaArcadia
  • NeighborhoodA W GILCHRISTS SUB
  • Zip34266
  • StyleSingle Family Residence
  • Year Built1984
  • Taxes$ 1872
  • Price$ 310,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1248
  • Lot Size0.12 Acres
Data Source:
Stellar MLS
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.

Price History
7/16/2026 Listed $310,000

General Features

Sewer Public Sewer
Heating None
Cooling Wall/Window Unit(s)
Utilities Electricity Connected
Roof Shingle
Appliances Microwave,Range,Refrigerator
Zoning R-1C
Construction Materials Wood Frame
Year Built 1984
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County DeSoto
New Construction false
Property Type Residential
Subdivision Name A W GILCHRISTS SUB
Facing Direction Southwest
Garage Y/N false
Total Rooms 3
Full Baths 2
Status Active
Directions From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
City ARCADIA
Senior Community Y/N false
MLS Area 34266 - Arcadia
Lot Size Units Square Feet
Lot Size Square Feet 5009
Carport Y/N false
Listing Terms Cash,Conventional
Land Lease Y/N false
Tax Annual Amount 1872.59
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4700128
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 2
Legal Description A W GILCHRISTS SUB OF SE1/4 OF NW1/4 ALL FRAC BLK R LESS LOT 2
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code x
In Law Suite YN false
Flood Zone Code X Yes

Interior Features

Interior Amenities Other
Flooring Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N false
Fireplace Y/N false
Laundry Features Washer Hookup
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Other
Water Source Public
Lot Size Area 5009
Foundation Details Slab
Building Area Total 1444
Lot Size Acres 0.12
Road Surface Type Concrete
Private Pool false
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34266

Price
AVG $370K
$310K
Taxes
AVG $2,994
$1,872
Year Built
AVG 1980
1984

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