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Bryan Fangman

bryan@precisionapproachrealty.com +1(407) 358-6996

$ 310,000

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401 CITRUS AVE Arcadia, FL 34266

4 Beds

2 Baths

1,248 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,248 sqft

Price per Sqft $248

Subdivision A W Gilchrists Sub

MLS Listing ID A4700128

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1984

Annual Tax Amount $1,872

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

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.

Location

State FL

County Desoto

Community A W Gilchrists Sub

Area 34266 - Arcadia

Zoning R-1C

Interior

Interior Features Other

Heating None

Cooling Wall/Window Unit(s)

Flooring Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry Washer Hookup

Exterior

Exterior Feature Other

Utilities Available Electricity Connected

View Y/N No

Water Access No

Roof Type Shingle

Exposure Southwest

Garage false

Private Pool No

Building

Story 1

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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

Listed by Rex Glasson DOUGLAS ELLIMAN

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NEARBY SCHOOLS & PROPERTIES

Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 358-6996

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Bryan Fangman

401 CITRUS AVE Arcadia, FL 34266

Key Details

Location

Interior

Exterior

Building

Others

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401 CITRUS AVE