401 CITRUS AVE, ARCADIA, FL 34266

$310,000

Active · 12 days on market · MLS# MFRA4700128

Bedrooms4
Bathrooms2
Living area1,248 sq ft
Lot size0.12 acres
Year built1984
Property typeSingle Family Residence
Private poolYes
WaterfrontYes
Annual taxes$1,873
CountyDeSoto

About this home

**Income-producing investment opportunity in Arcadia, Florida. This tenant-occupied single-family rental is offered exclusively as part of a three-property residential investment portfolio that 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 combined annual gross rental income, representing an 8.50% gross yield. Each property is located on its own tax parcel, providing ownership flexibility and future disposition options. All three properties are fully leased and are being sold subject to the existing leases. Please do not disturb tenants or enter the property without a confirmed appointment. Buyer is responsible for independently verifying all rental income, lease terms, operating expenses, dimensions, zoning, permits, and all other information deemed material during the due diligence period.

Listing courtesy of Rex Glasson, DOUGLAS ELLIMAN. Presented by MC Homes Realty Inc · 727432218.

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