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2334 Magdalina Drive, Punta Gorda, FL 33950

Beds
4
Baths
4
Sqft
2,646
Pool
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byRE/MAX Harbor Realty
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Overview

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

Full feature list

Basic info

Number of bedrooms
4
Number of bathrooms
4
Square feet
2,646
Lot size (acres)
0.22
Year built
1982

Exterior features

Pool
Yes
Water view
Yes
Waterfront
Waterfront

Utilities

Heating
Central, Electric
Cooling
Central air
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$5,808

Public schools

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Sourced from: Stellar MLS MLS®#: C7504324 Last checked:

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