Price Reduction - Waterfront
Address
2334 Magdalina Drive, Punta Gorda, FL
Price
$ 749,000
Property Attributes
  • MLS#224038770
  • TypeMulti-Family
  • CountyCHARLOTTE
  • CityPunta Gorda
  • AreaCH01 - Charlotte County
  • NeighborhoodPUNTA GORDA ISLES
  • Zip33950
  • StyleDuplex
  • Year Built1982
  • Taxes$ 5375
  • Price$ 749,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2086
  • Lot Size0.22 Acres
Data Source:
Florida Gulf Coast MLS (SWFLMLS)
Property Description

Are you the person who has dreamed of one day becoming a real estate investor? Someone who’s 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. 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.

Price History
4/29/2024 Listed $795,000
5/17/2024 3% - $775,000
6/14/2024 4% - $749,000

General Features

Sewer AssessmentPaid
Heating Central,Electric
Cooling CentralAir,CeilingFans,Electric
Utilities CableAvailable
Possession CloseOfEscrow
Roof Metal
Exterior Features OutdoorGrill,OutdoorKitchen,Patio
HOA 0.0
Patio/Porch Features Patio
Architectural Style Duplex
Pool Features InGround
Construction Materials Block,Concrete,Stucco
Pets Allowed Yes
Year Built 1982
Tenant Pays SeeRemarks
Property SubType Duplex
Tax Year 2023
Waterfront Features CanalAccess,Seawall
Community Features BoatFacilities,NonGated
County Charlotte
Net Operating Income 0.0
Operating Expense 0.0
New Construction No
Property Type ResidentialIncome
Association Amenities Sidewalks
HOA / Comm Assn No
Attached Garage No
Subdivision Name PUNTA GORDA ISLES
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
City PUNTA GORDA
Disclosures DeedRestriction,SellerDisclosure
Land Lease Amount 0.0
View Y/N No
Senior Community Y/N No
Zoning Description GM-15
NumberOfUnitsTotal 1
MLS Area CH01 - Charlotte County
Lot Size Units Acres
Waterfront Y/N Yes
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5375.58
Home Warranty Y/N No
Property Condition Resale
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 46
Structure Type Duplex
Standard Status Active
Tax Lot 7
Property Sub Type Additional Duplex
MobileHomeRemainsYN No
PostalCity PUNTA GORDA
Legal Description PGI 011 0103 0007 PUNTA GORDA ISLES SEC 11 REP BLK 103 LT 7 646/192 702/1232 DC982-2026-VJC 988-2137 1147/7 AFF1300/268 1572/1317 1616/1345 2712/1603 CT3643/2091 3756/1636 L/E3825/177 3965/717
Condo Fee 0.0

Interior Features

Flooring Tile,Vinyl
Fireplace Features Outside
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features ImpactGlass,Sliding
Fireplace Y/N No
Full Baths 4
Total Bedrooms 4
Electric On Property Y/N No
Total Baths 4

Exterior Features

Lot Features RectangularLot
Water Source AssessmentPaid
Lot Size Area 0.22
Horses No
Number of Buildings 1
Spa No
Irrigation/Water Rights No
Building Area Total 2086.0
Lot Dimensions 80 x 125 x 80 x 125
Lot Size Acres 0.22
Lot Size Source Appraiser
Covered Spaces 0.0
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
LotDimensionsSource Appraiser

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33950

Price
AVG $750K
$750K
Taxes
AVG $5,375
$5,375
Visits
AVG 93
93
Data Provided by Inside Real Estate®
Year Built
AVG 1982
1982

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