About 401 Citrus Avenue
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.
Features of 401 Citrus Avenue
| MLS® # | A4700128 |
|---|---|
| Price | $310,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,248 |
| Acres | 0.12 |
| Year Built | 1984 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Listing Details
| Office | DOUGLAS ELLIMAN |
|---|
Listing Map
Neighborhood Information for 401 Citrus Avenue
Low Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Early Education Center Public - Preschool to Preschool |
1 Miles | |
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Desoto Virtual Instruction Program Public - Kindergarten to 12Th Grade - Closest Elementry School |
1 Miles | |
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West Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
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Memorial Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
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Children's Choice Academy Private - to |
1 Miles | |
|
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Desoto Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
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Desoto County Adult Education Center Public - 9Th Grade to 12Th Grade |
1 Miles |
School data provided by GreatSchools