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Description
**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 401 Citrus Ave. (MLS #A4700128). 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, dimensions, zoning, permits, and all other information deemed material during the due diligence period.
Property Highlights
Property Type: Residential - Single Family
Cooling: Wall/Window Unit(s)
Heating: None
Lot Size: 0.16 Acres
Roof Type: Other
Stories: 1.0
Taxes: $2,313
Year Built: 1958
General Information
Bedrooms: 5
Bathrooms: 2 Full
Sqft: 1,281
County: De Soto
Subdivision: CHASE RE-SUB
Listed By:
Rex Glasson
DOUGLAS ELLIMAN
941-867-6199
MLS ID: A4700131
Amenities
Other
Other
Property Features
Appliances: Range, Refrigerator
Days on Site: 1
Directions: From US Hwy 17 (Brevard Ave), head east on Maple St. Property is on the right.
Exterior: Block
Flood Zone Code: X
Flooring: Epoxy
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot Dimensions: 0.16
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent
Special Sale Provisions: None
Utilities: Electricity Connected
Water: Public
Water Access Y/N: No
Zoning: R-1B
Shown By
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408 E Maple Street , Arcadia, FL 34266.
Estimate Your Payment
Estimated Payment
$ 1,127.20 per month $860.07 Principal & Interest $192.75 Property Tax $74.38 Homeowner's InsuranceChange Payment Information
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