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401 Citrus Avenue, Arcadia, FL 34266

$310,000
  • 401 Citrus Avenue, Arcadia, FL 34266 Main Photo

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Active
BEDS4 BATHS2 full SQUARE FEET1,248 MLS#A4700128
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONA W GILCHRISTS

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.

401 Citrus Avenue | MLS# A4700128

This single family home located at 401 Citrus Avenue, Arcadia, FL 34266 is currently listed for sale with an asking price of $310,000. This property was built in 1984 and has 4 bedrooms and 2 full baths with 1248 sq. ft. Citrus Avenue is located in the A W GILCHRISTS subdivision. Search A W GILCHRISTS real estate on danlyonnais.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,872
Year Built: 1984

Amenities

Other
Other

Feature Descriptions

Appliances: Microwave, Range, Refrigerator
Days on Site: 27
Directions: From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
Exterior: Frame
Flood Zone Code: x
Flooring: Vinyl
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.12
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: R-1C

Listed By / Shown By

Listed By

Agency Name: DOUGLAS ELLIMAN
Agency Contact: 941-867-6199

Shown By

Agent Name: Dan Lyonnais, CCIM
Agent Phone: (386) 852-7932
Agency Title: Adams Cameron & Co. REALTORS

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Estimated Payment

$ 1,896.37 per month $1,649.95 Principal & Interest $156.00 Property Tax $90.42 Homeowner's Insurance

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