$310,000
401 Citrus Avenue
Arcadia, FL 34266
Listing updated: August 11, 2026 at 7:59 AM ET
Listing courtesy of Douglas Elliman · Rex Glasson · MLS #A4700128 · Active · 941-867-6199Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history26 days on market
- Status: ActiveJul 16, 2026
- Listed$310,000Jul 16, 2026
- Price increased$310,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 26
- Subdivision
- A W Gilchrists Sub
- County
- Desoto
- Year built
- 1984
- Living area
- 1,248 sq ft
- Price/sq ft
- $248
- Building area
- 1,444 sq ft (Public Records)
- Lot size
- 5,009 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- x
- Annual taxes
- $1,873 (2025)
- Parcel #
- 36-37-24-0173-00R0-0010
- Zoning
- R-1C
- MLS #
- A4700128
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Flooring
- Vinyl
- Appliances
- Microwave, Range, Refrigerator
- Interior features
- Other
- Laundry
- Washer Hookup
- Stories / Levels
- One
- Direction faces
- Southwest
Heating & Cooling
- Heating
- None
- Cooling
- Wall/Window Unit(s)
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
- Additional lease restrictions
- Buyer and Buyer's Broker to verify all lease restrictions, rental regulations, zoning, licensing requirements, and association/government restrictions, if applicable.
Exterior & Construction
- Exterior features
- Other
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | |
| Living Room | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-07-15
- On market date
- 2026-07-16
- Original list price
- $310,000
- Occupant type
- Tenant
- MLS area
- 34266 - Arcadia
- Listing AOR
- Sarasota - Manatee
- Status changed
- 2026-07-16
- Tax legal description
- A W GILCHRISTS SUB OF SE1/4 OF NW1/4 ALL FRAC BLK R LESS LOT 2
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of August 11, 2026 at 7:59 AM ET. 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.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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