2334 Magdalina DRIVE Punta Gorda, FL $ 775,000
2334 Magdalina DRIVE
$ 775,000
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2334 Magdalina DRIVE

Punta Gorda, FL, 33950
$ 775,000
Bedrooms4 Baths4.0 Sq 2,086

Monthly Estimate*

$ 5,151

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Multi-Family Home for sale in Punta Gorda, FL

for $775,000 with 4 bedrooms and 4 full baths. This 2,086 square foot home was built in 1982 on a lot size of 0.22.

Are you the person who has dreamed of one day becoming a real estate investor? Someone whose first investment property is not only the epitome of paradise, but can also be an income producing, money making duplex for you at the same time? Do not sleep on this. Get on your phone, schedule a showing with your realtor, call your lender, this is IT. Here’s a story about you in 1-2 months. You are living walking distance to Downtown Punta Gorda where everyone walks and bikes to the restaurants, Harborwalk for sunsets, and the farmers market right around the corner at the historic park. Imagine waking up on a Sunday, turning the music on, making a cappuccino in your contemporary coastal chic kitchen, and then deciding, “today is a boat day”. After your cappuccino you walk outside to send out the group text, a photo of a margarita in front of the boat as an official invite to all your friends to come on over. They all get on their bikes and golf carts while you start prepping the margaritas on your own custom outside pool bar. As soon as everyone arrives you cheers to living in paradise and to only having to pay half the cost because you have an income from renting out the other side of the duplex. This means drinks are on you, buddy. You take a quick 10 minute cruise out to Charlotte Harbour and stop by Village Brewhouse for Brunch, maybe a quick trip over to TT’s Tiki Bar, and say hey why not head up river to the Nav-A-Gator for the best gator bites around. After a long sun-filled day on the water you head back to Punta Gorda Isles, your new home, where you and your friends jump in the heated pool and soak up what’s left of the sunset. At the moment you don’t have a renter in the other side so you offer up the 2 bedroom apartment to your friends to stay in for the night (it’s been a long day). You go back to your side where everything is all yours and you breathe it all in. You go down to your brand new 10x30 dock to enjoy a late night-cap and soak in the joy of making this unbelievable dream into a reality. Congratulations for going after it. You deserve this. Other fantastic bonus features include a metal roof, reverse osmosis water softening system for kitchen and water softener for the rest of the duplex, all updated plumbing, heated pool, 6,500 lb boat lift, Storm Smart hurricane shades for lanais, new impact windows & doors, and finished outside bar and built in grill. This home qualifies for all types of loans, even FHA with putting as little as 3.5% down AND the flood insurance is assumable. Think of the potential convenience with having your entire family under the same roof but split up by a noise barrier firewall, yet still able to enjoy the pool and boating together. This is the opportunity you’ve been waiting to jump on.

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Multi-Family Active

Price

$ 775,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,375

Style

Duplex

Lot Size

0.22

Year Built

1982

Town/City

Punta Gorda

County/Region

Charlotte

MLS | Web ID

C7491057

Features
General
Interior Features Stone Counters
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Water Connected
Roof Metal
Appliances Dishwasher Disposal Electric Water Heater Range Range Hood Refrigerator
Exterior Features Irrigation System Sidewalk
Zoning GM-15
Patio/Porch Features Deck Enclosed Patio Porch Screened
Pool Features Heated In Ground Screen Enclosure
Security Features Smoke Detector(s)
Construction Materials Block Stucco
Pets Allowed Yes
Year Built 1982
View Water
Levels One
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Waterfront Features Canal Front Waterfront Canal - Brackish Canal - Saltwater
Community Features Canal Front Dock Fishing Water Access Waterfront Deed Restrictions Sidewalks
County Charlotte
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name PUNTA GORDA ISLES SEC 11
Garage Y/N No
Status Active
Directions Heading southbound on US-41 turn RIGHT on Pompano Ter (Airport Rd) and keep RIGHT at the 4-way onto Shreve St. Turn LEFT onto West End Dr then Left onto Magdalina Dr. Home will be on the RIGHT after
High School Charlotte High
City PUNTA GORDA
Buyer Agent Compensation 2.5%
Senior Community Y/N No
Total Units 2
MLS Area 33950 - Punta Gorda
Lot Size Square Feet 9601
Private Pool Yes
Waterfront Y/N Yes
Carport Y/N No
Street Name Magdalina
Listing Terms Cash Conventional FHA VA Loan
Elementary School Sallie Jones Elementary
Property Attached Y/N Yes
Tax Annual Amount 5375.58
Middle/Junior High School Punta Gorda Middle
Property Condition Completed
Public Remarks Are you the person who has dreamed of one day becoming a real estate investor? Someone whose first investment property is not only the epitome of paradise but can also be an income producing money ma
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/C7491057
Days on Market 37
Standard Status Active
Tax Lot 7
Legal Description PUNTA GORDA ISLES SEC11 REP BLK103 LT 7 646/192 702/1232 DC982-2026 (VJC) 988-2137 1147/7 AFF130
Water View Canal
Water Access Type Bay/Harbor Canal - Brackish Canal - Saltwater Gulf/Ocean River
Minimum Lease No Minimum
Water Access Y/N Yes
Water View Y/N Yes
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Interior
Flooring Luxury Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass/Storm Windows
Fireplace Y/N No
Street Suffix DRIVE
Laundry Features Laundry Closet
Total Bedrooms 4
Total Baths 4
Living Area Units Square Feet
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Exterior
Parking Features None Parking Pad
Lot Features City Lot Sidewalk
Water Source Public
Lot Size Area 9601
Foundation Details Slab
Number of Buildings 1
Building Area Total 2646
Lot Dimensions 80 x 120 x 80 x 120
Lot Size Acres 0.22
Road Surface Type Paved
Lot Size Units Square Feet
Road Frontage Type Street Paved
Open Parking Y/N Yes
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* Excluded Features
List By
Home Matchmaking Realty

Broker

MikiMatrullo@gmail.com

Email

Affordability Calculator

$5,599
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,151
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
265899 Elementary School
266368 Middle School
Charlotte High High School
Pricing History
DatePricePrice ChangeDescription
5/17/2024$775,000 -2.52% Price Down
4/28/2024$795,000 -2.45% Price Down
4/11/2024$815,000 Listed Price

Map


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2334 Magdalina DRIVE, Punta Gorda, FL, 33950 is a Multi-Family Home for sale at $775,000 with 2,086 sqft and a lot size of 0.22. 2334 Magdalina DRIVE has 4 bedrooms, 4.0 baths, and was built in 1982. The property's zip code is 33950 which is in Punta Gorda, FL