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2417 MAGDALINA DRIVE

Multi-family For Sale
$859,000

BTC: 11.03900276

ETH: 357.91666667

New
6 bds
3,641 sqft

Overview

Rare Investment Opportunity! Looking for a stable income property with the added benefit of two additional lots for future development potential? This triplex in highly desirable Punta Gorda Isles offers a perfect blend of location, income, and potential. This single-story triplex is accompanied by two additional multi-family zoned buildable lots, providing a fantastic opportunity for income expansion. With the units fully rented, and situated in a prime location, this property presents an excellent buy-and-hold and/or buy-and-build opportunity. Triplex Features: - Unit A: This unit boasts two bedrooms, two bathrooms, and a two-car garage. It has undergone a complete renovation with an open-concept design. The sleek laminate flooring throughout, freshly painted walls, modern galley kitchen with granite countertops and stainless steel appliances, and updated bathrooms with a guest bath featuring a tub/shower combination make it a luxurious living space. The spacious master suite includes double closets and a large master bath with a walk-in shower. Private gated front patio and an additional side lanai offer extra outdoor living space. - Unit B: This unit features two bedrooms, two bathrooms, and a one-car garage, along with guest parking. Ceramic tile and laminate flooring are used throughout, providing a clean and modern look. Convenient en-suite washer and dryer facilities enhance the living experience. Newer ceiling fixtures, bright rooms, and large windows with window coverings create a welcoming atmosphere. - Unit C: This updated unit also has two bedrooms, two bathrooms, and a one-car garage. The master suite includes an ensuite bath, a walk-in shower, ample counter space, and a walk-in closet. The second bedroom features double closets. The main bath has a tub/shower combination and an updated vanity. The combined living and dining area offers great closet space and storage. This kitchen boasts faux granite countertops, modern appliances, and a convenient full-size washer and dryer located in a closet. The spacious screened lanai features an outdoor dining area and a private yard, complemented by an irrigation system and hurricane shutters for added peace of mind. Prime location: Just minutes from downtown Punta Gorda, this property offers easy access to shopping, dining, and all the local amenities. It’s also close to I-75, Punta Gorda Airport, and various outdoor recreational activities, including golf, fishing, boating, and pickleball courts. Bonus Opportunity: A contiguous multi-family lot (Lot 30) is available for separate purchase, adding further development potential to this fantastic investment package. Don’t miss this turnkey investment opportunity in a highly desirable area. Whether you’re looking to expand your rental portfolio or develop the adjacent lots, this property offers endless possibilities.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1980
Lot:
0.77 Acres
Heating:
Electric
Price/sqft:
$236
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$8,630
2024
View
Park/Greenbelt, Trees/Woods
Garage
4 car garage
Pets
Allowed
All facts and features
  • Heating

    • Electric

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 6

  • Property

    • Levels: One

    • Exterior Features: Hurricane Shutters / Irrigation System / Rain Gutters

    Lot

    • Lot: 0.77 Acres

    Other Property Information

    • Parcel Number: 412213233002

    • Zoning: GM-15

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $8,630

  • Source details

    • MLS ID: C7529656

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: City Lot / Landscaped / Level

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3641

    • Water Source: Public

    • Subdivision Name: PUNTA GORDA ISLES SEC 07

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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 ©2026-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: CAPTAINS REALTY LLC