408 E Maple Street, Arcadia, FL 34266
- $255,000
- 5
- BD
- 2
- BA
- 1,281
- SqFt
- List Price
- $255,000
- Status
- Active
- Days on Market
- 13
- MLS#
- A4700131
- Property Style
- Single Family
- Year Built
- 1958
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,281
- Lot Size
- 7,057
- Acres
- 0.16
- Total Acreage
- 0 to less than 1/4
- Legal Subdivision Name
- Chase Re-Sub
- MLS Area Major
- Arcadia
Property 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.
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Additional Information
- Taxes
- $2313
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-1B
- Interior Layout
- Other
- Interior Features
- Other
- Floor
- Epoxy
- Appliances
- Range, Refrigerator
- Utilities
- Electricity Connected
- Heating
- None
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Exterior Features
- Other
- Roof
- Other
- Foundation
- Slab
- Pool
- No Pool
- Garage Carport
- 1 Car Carport
- Flood Zone Code
- X
- Parcel ID
- 25-37-24-0012-0150-0019
- Legal Description
- 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
Listing courtesy of DOUGLAS ELLIMAN. 941-867-6199
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