Active

401 Citrus Avenue

ARCADIA, FL 34266
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Bed 4

Bed

Bath 2

Bath

SqFt1,248

Sqft

Acres0.12

Acre(Lot)

**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, dime nsions, zoning, permits, and all other information deemed material during the due diligence period.

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Detail Ic Property Details

Property Type : Residential

Price : $310,000

AD Id : 88105145

MLS Id : MFRA4700128

Beds : 4

Lot Size : 0.12 Acre

Living Area Size : 1,248

Year Built : 1984

County : DeSoto

Subdivision: A W Gilchrists Sub

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Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Other Roof: Shingle Appliances: Microwave, Range, Refrigerator Laundry Features: Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Vinyl Construction Materials: Frame
  • Heating & Cooling

    Heating: None Cooling: Wall/Window Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1984
  • Exterior Features

    Other Construction Materials: Frame Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 5009 Lot Acres: 0.12 Lot Size (SqMt): 465

    Property Information

    Property Type: Residential Sub Type: Single Family Residence

  • Listing Price Information

    Original List Price:$310000

  • Tax Information

    Tax Block: R Tax Lot: 2 Tax Legal Description: A W GILCHRISTS SUB OF SE1/4 OF NW1/4 ALL FRAC BLK R LESS LOT 2 Annual Tax: $1872.59 Tax Year: 2025 Parcel Number: 36-37-24-0173-00R0-0010

  • Utility Information

    Electricity Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: A W GILCHRISTS SUB City: ARCADIA Direction: From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
SE Highway 31, Arcadia, FL, 34266 $530,000 2 1 660 660 SqFt
9827 SE Hoth Road, Arcadia, FL, 34266 $365,000 3 2 1,344 1,344 SqFt
9931 SE English Avenue, Arcadia, FL, 34266 $810,000 3 2 1,901 1,901 SqFt
1201 NE Childress Avenue, Arcadia, FL, 34266 $523,860 3 2 1,702 1,702 SqFt
1059 NE Sugar Babe Road, Arcadia, FL, 34266 $150,000 2 2 960 960 SqFt
1601 SE Sheila Drive, Arcadia, FL, 34266 $365,000 3 2 1,374 1,374 SqFt
7597 SE Highway 31, Arcadia, FL, 34266 $359,000 3 2 1,161 1,161 SqFt
11587 SE Foster Avenue, Arcadia, FL, 34266 $369,500 3 2 1,548 1,548 SqFt
4682 SE Apache Drive, Arcadia, FL, 34266 $149,000 2 2 720 720 SqFt
1291 NE Hansel Avenue, Arcadia, FL, 34266 $695,000 3 2 1,512 1,512 SqFt
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ByOwner last updated this listing 07/20/2026 @ 18:20

MLS: MFRMLS #A4700128 LISTED BY: Rex Glasson, DOUGLAS ELLIMAN 941-867-6199 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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