2334 MAGDALINA DR new Save Request In-Person Tour Request Virtual Tour
Punta Gorda,FL 33950
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,032 sqft
Price per Sqft $342
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 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
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