$310,000 Sale

Listed 88 days ago

401 CITRUS AVE

MLS® a4700128 Single Family Residence

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Beds · 4

Baths · 2

Parking · -

Sqft · 1248

Est. mortgage

$1,176/mo

Property Taxes

$1,872.59/yr

Association Fee

$0.00/mo

Key Facts

Key facts for 401 CITRUS AVE

Property Type

House

Parking

MLS #

A4700128

Size

1248 sqft

Basement

Listed on

Lot size

Tax

$1,872.59 /yr

Days on Market

Year Built

1984

Maintenance Fee

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). Off...ered 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.

Full Property Details

Interior

Bedrooms

Washrooms

Square Footage

1248 sqft

Heating

None

Cooling

Wall/Window Unit(s)

Flooring

Vinyl

Full Bathrooms

Half Bathrooms

Levels

One

Appliances

Microwave,Range,Refrigerator

Bedrooms

Washrooms

Square Footage

1248 sqft

Heating

None

Cooling

Wall/Window Unit(s)

Flooring

Vinyl

Full Bathrooms

Half Bathrooms

Levels

One

Appliances

Microwave,Range,Refrigerator

Exterior

Acreage

0.12

Lot Size

0.12 acres

View

Unspecified

Pool

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Acreage

0.12

Lot Size

0.12 acres

View

Unspecified

Pool

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

Building Description

Property Type

Residential

Home Type

House

Subtype

Single Family Residence

Year Built

1984

Exposure

Southwest

Exterior

Other

Sewers

Public Sewer

StoriesTotal

Roof Type

Shingle

New Construction

Foundation

Slab

Construction Materials

Frame

Property Type

Residential

Home Type

House

Subtype

Single Family Residence

Year Built

1984

Exposure

Southwest

Exterior

Other

Sewers

Public Sewer

StoriesTotal

Roof Type

Shingle

New Construction

Foundation

Slab

Construction Materials

Frame

Community

Neighborhood

A W GILCHRISTS SUB

County

DeSoto

Subdivision

A W GILCHRISTS SUB

Neighborhood

A W GILCHRISTS SUB

County

DeSoto

Subdivision

A W GILCHRISTS SUB

Taxes & Fees

Taxes

$1,872.59 /yr

Tax Year

2025

Financing Terms

Cash,Conventional

HOA Fee

$0.00 /mo

Taxes

$1,872.59 /yr

Tax Year

2025

Financing Terms

Cash,Conventional

HOA Fee

$0.00 /mo

Other

Directions

From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.

Virtual Tour Link

https://www.propertypanorama.com/instaview/stellar/A4700128

Directions

From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.

Virtual Tour Link

https://www.propertypanorama.com/instaview/stellar/A4700128

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Paul R. Atkinson

Email: [email protected] Cell: (954) 461-1786