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Bryan Fangman

Precision Approach Realty LLC

bryan@precisionapproachrealty.com +1(407) 513-2124

$ 669,000

Est. payment -/mo

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Price Dropped by $26K

2334 MAGDALINA DR Punta Gorda, FL 33950

4 Beds

4 Baths

2,032 SqFt

UPDATED:

02/14/2025 08:06 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,032 sqft

Price per Sqft $329

Subdivision Punta Gorda Isles Sec 11

MLS Listing ID C7504324

Bedrooms 4

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $5,808

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions 80x120x80x120

Property Sub-Type Duplex

Property Description

WATERFRONT DUPLEX IN PGI - LIVE IN ONE SIDE & USE OTHER SIDE AS IN-LAW SUITE OR INCOME-PRODUCING UNIT. Seize this rare investment opportunity in the heart of Punta Gorda Isles—a beautifully updated duplex with a private pool, dock, and quick access to Charlotte Harbor. Miles of sidewalks connect you to many of the area amenities including Fishermen's Village, Gilchrist Park, PGICA building, Punta Gorda Library & the Harborwalk pathways. Now is your chance to house hack or enjoy multi-generational living w/family having separate living spaces while enjoying the benefits of being right next door! This waterfront gem offers two well-appointed units, each with modern finishes, spacious living areas, and private outdoor spaces, making it a turnkey income-producing property for long- or short-term rentals. Both sides have been thoughtfully updated w/luxury vinyl plank flooring plus updated kitchens & baths, this spacious home offers an open-concept design, stylish modern finishes, and an abundance of natural light. Boaters will love the saltwater canal in the backyard where 80ft of seawall & a 30ft dock w/quick boating access to open water await. Dock has 6,500 lb boat lift w/water & electric hook-ups dockside. Unit A opens to a screened lanai & in-ground, heated pool. Unit B's lanai extends to a lovely open-air patio w/brick paver deck that is surrounded by tropical landscaping. The resort-like atmosphere of the outdoor living spaces will appeal to seasonal renters and vacationers alike. With high demand for both annual & seasonal rentals in Punta Gorda Isles, this property offers immediate income potential while appreciating in value. **UNIT A** was used as the primary residence of the current owners. Wood-look, luxury vinyl plank flooring was added throughout in 2018. The kitchen was also updated in 2018 w/stone counters, gorgeous stainless steel appliances, R/O water filtration, subway tile backsplash & under cabinet lighting. **UNIT B** has new luxury plank flooring in great room & bedrooms (2017). TONS OF UPDATES & UPGRADES to both units including: NEW sliding glass doors, NEW electric Stormsmart hurricane shade across UNIT A lanai, NEW CAT-5 hurricane Kevlar screens (2023), some of the windows updated w/NEW impact-resistant windows, REPIPED both units (2021), NEW water softener both units (2019) & NEW impact-resistant front doors (2021). Flood insurance policy is assumable/transferable for $2,710/year. SO MUCH POTENTIAL HERE! Whether you're looking to owner occupy while expanding your rental portfolio or looking for a dual-income investment, this prime waterfront duplex is a must-see!

Location

State FL

County Charlotte

Community Punta Gorda Isles Sec 11

Zoning GM-15

Rooms

Other Rooms Great Room, Storage Rooms

Interior

Interior Features Ceiling Fans(s), Open Floorplan

Heating Central, Electric

Cooling Central Air

Flooring Luxury Vinyl, Tile

Fireplace false

Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener

Laundry Laundry Room, Outside, Same Floor As Condo Unit

Exterior

Exterior Feature Hurricane Shutters

Parking Features Driveway

Pool Gunite, Heated, In Ground, Screen Enclosure

Community Features Special Community Restrictions

Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Waterfront Description Canal - Saltwater

View Y/N Yes

Water Access Yes

Water Access Desc Bay/Harbor,Canal - Saltwater,Gulf/Ocean,River

View Water

Roof Type Metal

Porch Patio, Screened

Garage false

Private Pool Yes

Building

Lot Description FloodZone, City Limits, Near Golf Course, Sidewalk, Paved

Entry Level One

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Sallie Jones Elementary

Middle Schools Punta Gorda Middle

High Schools Charlotte High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Virtual Tour https://view.paradym.com/idx/2334-Magdalina-Punta-Gorda-FL-33950/4905497

Listed by RE/MAX HARBOR REALTY

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Bryan Fangman

Broker / Owner | License ID: BK679904

+1(407) 513-2124

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Bryan Fangman

2334 MAGDALINA DR Punta Gorda, FL 33950

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2334 MAGDALINA DR