2417 MAGDALINA Drive
Property Description
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 potentially buildable lots, providing a fantastic opportunity for income expansion. With the units fully rented, and situated in a prime location, and no HOA, 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.
Broker Details
Captains Realty (941) 626-1329
MLS ID: 274501313 State License Number: 3031228
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $859,000 |
| No. of Units: | 3 |
| Year Built: | 1980 |
| Lot Size: | 3,641.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $286,333 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 6 |
ID: 3yd-MFRMLSFL-C7529656
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
5863 NIGHTINGALE Loop, Unit 0
Tallahassee, Florida
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout