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$310,000

401 Citrus Ave

Arcadia, FL
Active
4
Bedrooms
2
Bathrooms
1,444
Square Feet
0.12
Lot Size (acres)
1984
Year Built
80
Days On Market

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.

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Listing Information

Listing Updated
08/11/2026
Listed By
Rex Glasson, 9415876135 · DOUGLAS ELLIMAN, 9418676199
MLS#
A4700128
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
401 Citrus Ave, Arcadia, FL 34266
City
Arcadia
County
DeSoto
Neighborhood
A W GILCHRISTS SUB
Zip Code
34266

Architecture

Bedrooms
4
Bathrooms
2
Stories
1
Year Built
1984
Construction Materials
Frame
Building Area
1,444 sq. ft.
Foundation
Slab
Roof
Shingle
Levels
One
Garage Spaces
0

Features & Amenities

Interior Features
Other
Appliances
Microwave, Refrigerator, Range
Flooring
Vinyl
Exterior Features
Other
Cooling
Wall/Window Unit(s)
Heating
None

Property Features

Lot Size
0.12 Acres
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected

Square Footage

Total
1,248 sq. ft.

Tax & Financial Information

List Price
$310,000
Annual Taxes
$1,872

Schools

94/100
Memorial Elementary School
Elementary · Grades PK–05 · 1.1 mi
City
Arcadia
Students
914
Student body
55% Hispanic / Latino · 28% White · 13% Black
Free/reduced lunch
81%
Phone
(863) 494-0755
58/100
Desoto Virtual Franchise
7th & Above · Grades KG–12 · 0.7 mi
City
Arcadia
Students
222
Student body
46% White · 43% Hispanic / Latino · 9% Black
Free/reduced lunch
1%
Phone
(863) 993-1333
56/100
Reduced Services
7th & Above · Grades KG–12 · 0.7 mi
City
Arcadia
Students
7
Student body
57% Hispanic / Latino · 43% Black
Phone
(863) 993-1333
56/100
Early Education Center
Grades M–M · 0.8 mi
City
Arcadia
Students
41
Student–teacher
20.5
Student body
83% White · 15% Black · 2% Hispanic / Latino
Free/reduced lunch
76%
Phone
(863) 494-9303
53/100
Desoto County High School
High · Grades 09–12 · 2 mi
City
Arcadia
Students
1,244
Student body
49% Hispanic / Latino · 38% White · 11% Black
Free/reduced lunch
57%
Phone
(863) 494-3434
52/100
West Elementary School
Elementary · Grades PK–05 · 0.8 mi
City
Arcadia
Students
795
Student body
46% White · 42% Hispanic / Latino · 10% Black
Free/reduced lunch
73%
Phone
(863) 494-3155
52/100
Nocatee Elementary School
Elementary · Grades PK–05 · 4.2 mi
City
Nocatee
Students
498
Student body
53% Hispanic / Latino · 34% White · 8% Black
Free/reduced lunch
76%
Phone
(863) 494-4511
51/100
Teen Paren Pk Child Care Program
Elementary · Grades PK–PK · 0.7 mi
City
Arcadia
Students
3
Student body
100% Hispanic / Latino
Phone
(863) 993-1333

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
07/16/2026Listed for sale$310,000

Listed by Rex Glasson · DOUGLAS ELLIMAN · 9418676199

Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: August 11, 2026 at 11:59 AM | Source: Stellar MLS | MLS#: A4700128

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