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$310,000
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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.
Full Property Details
Full Property Details for 401 Citrus Ave
General
- Price: $310,000
- Taxes: $1,872 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4700128
- Updated: 8/11/2026
- Added to Site: 42 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Other
- Appliances: Microwave, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup
Exterior
- Exterior Features: Other
Location
- Area: 34266 - Arcadia
- County: DeSoto
- Development Name: 34266 - Arcadia
- Subdivision: A W GILCHRISTS SUB
- Driving Directions: From W. Pine St., head south on Citrus Ave. Property is on the left just south of Ash St.
- Direction Faces: Southwest
Community
- Community Name: 34266 - Arcadia
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Exterior Const.: Wood Frame
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,248
- Sq. Ft. Source: Public Records
- Year Built: 1984
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,009
- Lot Size: 5009
- Street/Road Desc.: Concrete
Financial Considerations
- Tax Amount: $1,872.59
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: A W GILCHRISTS SUB OF SE1/4 OF NW1/4 ALL FRAC BLK R LESS LOT 2
- Flood Zone Info: x
- APN: 363724017300R00010
- Property ID: 363724017300R00010
- Block/Lot/Section: R
Listed by Douglas Elliman
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Schools
Schools serving 401 Citrus Ave
School District:Desoto County School District
| Name | Grades | Distance |
|---|---|---|
Desoto Virtual Instruction Program 310 West Whidden Street, Arcadia, FL 34266 | K-12 | 0.7 mi |
West Elementary School, Arcadia, FL 304 West Imogene Street, Arcadia, FL 34266 | K-5 | 0.8 mi |
Desoto Middle School 420 East Gibson Street, Arcadia, FL 34266 | 6-8 | 1.4 mi |
Desoto County High School 1710 East Gibson Street, Arcadia, FL 34266 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 401 Citrus Ave
Date
Details
Price
Change
Source
7/16/2026
Listed
$310,000
342.86%
MLS
2/25/2025
Sold
$70,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 401 Citrus Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,807
—
$100,292
-3%
2024
$1,807
6%
$103,633
7%
2023
$1,704
18%
$96,923
49%
2021
$1,439
-10%
$65,142
-29%
2022
$1,594
11%
$91,868
56%
2021
$1,439
13%
$58,957
30%
2019
$1,271
20%
$45,423
-9%
2017
$1,060
—
$50,067
20%
2017
$1,060
9%
$41,876
16%
2016
$974
9%
$36,223
17%
2015
$890
2%
$30,916
2%
2014
$874
-1%
$30,432
-1%
2013
$883
—
$30,755
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 401 Citrus Ave
401 Citrus Avenue, Arcadia, FL 34266 (MLS# A4700128) is a Single Family property with 4 bedrooms and 2 full bathrooms. 401 Citrus Avenue is currently listed for $310,000 and was received on July 16, 2026. Want to learn more about 401 Citrus Avenue? Do you have questions about finding other Single Family real estate for sale in Arcadia? You can browse all Arcadia real estate or contact a Coldwell Banker agent to request more information.

