2334 MAGDALINA DR, PUNTA GORDA, FL, 33950
$695,000
Residential
|
Bedrooms
4
|
Bathrooms
4
|
Living Area
2,032 Sqft
|
Lot Size
9,600 Sqft
|
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!
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRC7504325 | Year Built: | 1982 | |
| Appliances: | Dishwasher, Dryer, Electric Water Heater, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener | Architectural Style: | Florida | |
| Community Features: | Sidewalks, Special Community Restrictions | Construction Materials: | Block, Stucco | |
| Cooling: | Central Air | Country: | US | |
| Direction Faces: | South | Disclosures: | Seller Property Disclosure | |
| Exterior Features: | Hurricane Shutters, Irrigation System, Sidewalk, Sliding Doors | Flooring: | Luxury Vinyl, Tile | |
| Foundation Details: | Slab | Heating: | Central, Electric | |
| Laundry Features: | Laundry Room, Outside | Levels: | One | |
| Listing Agreement: | Exclusive Right To Sell | Listing Terms: | Cash, Conventional, FHA, VA Loan | |
| Lot Features: | FloodZone, City Limits, Near Golf Course, Sidewalk, Paved | Occupant Type: | Owner | |
| Parking Features: | Driveway | Patio And Porch Features: | Patio, Screened | |
| Pets Allowed: | No | Pool Features: | Gunite, Heated, In Ground, Screen Enclosure | |
| Possession: | Close of Escrow | Property Sub Type: | Single Family Residence | |
| Property Type: | Residential | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Paved | Roof: | Metal | |
| Security Features: | Smoke Detector(s) | Sewer: | Public Sewer | |
| Showing Requirements: | Supra Lock Box, Appointment Only, ShowingTime | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Utilities: | BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected | Vegetation: | Trees/Landscaped | |
| View: | Water | Water Source: | Public | |
| Waterfront Features: | Canal - Saltwater | Window Features: | Blinds | |
| Rooms | Rooms | |||
|---|---|---|---|---|
| Great Room: | 18x12 ft | Kitchen: | 12x15 ft | |
| Primary Bedroom: | 12x12 ft | Primary Bathroom: | 6x5 ft | |
| Bedroom 2: | 11x12 ft | Bathroom 2: | 6x7 ft | |
| Laundry: | 5x7 ft | Balcony/Porch/Lanai: | 20x8 ft | |
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