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2334 MAGDALINA DRIVE

Multi-family For Sale
$795,000

BTC: 13.70522121

ETH: 264.91169610

-$20K (2024/04/28)
20 days
Waterfront
4 bds
2,086 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential Income
Parking:
None / Parking Pad
Year Built:
1982
Lot:
0.22 Acres
Heating:
Central / Electric
Price/sqft:
$381
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Stone Counters

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • None

    • Parking Pad

    Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Sidewalk

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 412307353008

    • Zoning: GM-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,376

  • Source details

    • MLS ID: C7491057

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Lot Features: City Lot / Sidewalk

    • Patio And Porch Features: Deck / Enclosed / Patio / Porch / Screened

    • Pool Features: Heated / In Ground / Screen Enclosure

    • Window Features: Impact Glass/Storm Windows

    • Waterfront: Yes

    • Living Area: 2086

    • Water Source: Public

    • Lot Size Dimensions: 80 x 120 x 80 x 120

    • Subdivision Name: PUNTA GORDA ISLES SEC 11

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOME MATCHMAKING REALTY