Investment opportunity featuring a fully leased single-family rental 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 408 E. Maple St. (MLS #A4700131) and 401 Citrus Ave. (MLS #A4700128). Offered at $805,000, the portfolio produces $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 excellent opportunity for investors seeking a stabilized rental portfolio, cash-flowing real estate, long-term income potential, 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, zoning, permits, condition, and all other information deemed material during the due diligence period.
| MLS # | A4699801 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1962 |
| Days On Site | 82 |
| Listing Provided By | DOUGLAS ELLIMAN | Rex Glasson |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,083 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | R-1B |
| Acreage | 0.23 |
| Property | 2009 |
|---|
| State | FL |
|---|---|
| County | DeSoto |
| City | ARCADIA |
| Zip Code | 34266 |
| Area | 34266 Arcadia |
| Community Name | A W GILCHRISTS SUB |
| Listing VS Median (in A W GILCHRISTS SUB) | |
Price: $240,000 low | high Med: $275,000 sqft: 1,083 low | high Med: 1,166 $ / sqft: $222 low | high Med: $235 On site: 82 low | high Med: 82 | |
| State | FL |
|---|---|
| County | DeSoto |
| City | ARCADIA |
| Zip Code | 34266 |
| Area | 34266 Arcadia |
| Community Name | A W GILCHRISTS SUB |
| Listing VS Median (in A W GILCHRISTS SUB) | |
Price: $240,000 low | high Med: $275,000 sqft: 1,083 low | high Med: 1,166 $ / sqft: $222 low | high Med: $235 On site: 82 low | high Med: 82 | |