401 CITRUS AVENUE

ARCADIA, FL 34266

Listing courtesy of DOUGLAS ELLIMAN · MLS# A4700128

$310,000

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Property Details

Bedrooms

Bathrooms

Square Feet

1,248

MLS#

A4700128

Listed

July 16, 2026

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.

Facts & Costs

Property type: Single Family Residence
Year built: 1984
Lot size: 5,009 sq ft
Stories: 1
Price per sq ft: $248
Days on market: 76
Private pool: No
Waterfront: No
Subdivision: A W GILCHRISTS SUB
County: DeSoto
Flood zone: x

Monthly & yearly costs

Property taxes: $1,873 / year (2025)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Cooling: Wall/Window Unit(s)
Flooring: Vinyl
Roof: Shingle
Construction: Frame

Payment Estimate

$1,724 / month

Principal & interest: $1,568
Property taxes: $156
HOA: $0
Home insurance: enter below

Down payment (20%)$62,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Microwave
Range
Refrigerator
Other

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 6:15 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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