Residential Property - Single Family Residence in Arcadia
Listing Price: $255,000
Description of Property
Cash-flowing single-family 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 401 Citrus Ave. (MLS #A4700128). 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.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Arcadia
County: DeSoto
Subdivision: Chase Re-sub
Bedrooms: 5
Bathrooms: 2
Sq. Ft. Gross: 1,677
Sq. Ft. Living Area: 1,281
Cost per (heated) sqare foot: $199
Year built: 1958
Annual Tax: $2,314
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Appliances: Refrigerator
Flooring: Epoxy
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Other
Exterior Features: Other
Carport: Yes
Carport Spaces: 1
Floors Total: 1
Floors in Unit: One
Cooling: Wall/Window Unit(s)
Heating & Fuel: None
Sewer: Public Sewer
Water Source: Public
Lot Information
Lot Size (acres): 0.16
Lot Size (sq. ft.): 7,057 square feet
Front Exposure: South
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 253724001201500019
Zoning: R-1B
Tax Legal Desc.: TOWN OF ARCADIA O S E1/2 LOT I RESUB LOTS 1 2 3 4 8 9 & 10 BLK 15 SEC 31-37-25 OR 536/2439 OR 538/524
Section: 25
Range: 24
Listing courtesy of DOUGLAS ELLIMAN. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.