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2334 Magdalina Drive

Punta Gorda, FL 33950

4 beds
4 baths
2,032 sqft
9,600 sqft lot
$268 per sqft
1982 build
– on site

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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!

Listing courtesy of STELLAR_MLS / RE/MAX HARBOR REALTY

Last checked: Checking… • Last updated Apr 1, 2025 •

MLS# C7504324 —

The Building

Year Built:

1982
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Metal
Foundation Details:

Slab
Window Features:

Blinds
Patio And Porch Features:

Patio
Security Features:

Smoke Detector(s)
# of Buildings:

1
Building Area Total:

2646
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Luxury Vinyl
Additional Rooms:

Great Room
Fireplace:

false

Room Dimensions

Living Area:

2032
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From US41, go west on Pompano Terr. Right on Shreve St. Left on West End Dr. Left on Magdalina Dr. Property is on right.
Latitude:

26.917837
Longitude:

-82.054474
Coordinates:

-82.054474, 26.917837

The Property

Parcel Number:

412307353008
Property Type:

Residential Income
Property Subtype:

Duplex
Lot Features:

FloodZone
Lot Size Acres:

0.22
Lot Size Area:

9600
Lot Size SqFt:

9600
Lot Size Dimensions:

80 x 120 x 80 x 120
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

GM-15
View:

Water
View:

true
Exterior Features:

Hurricane Shutters
Water Source:

Public
Road Responsibility:

Public Maintained Road
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

AE
Flood Zone Panel:

12015C0241G
Additional Parcels:

false
Homestead:

true
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

7
Tax Block:

103
Tax Legal Description:

PGI 011 0103 0007 PUNTA GORDA ISLES SEC 11 REP BLK 103 LT 7 646/192 702/1232 DC982-2026-VJC 988-2137 1147/7 AFF1300/268 1572/1317 1616/1345 2712/1603 CT3643/2091 3756/1636 L/E3825/177 3965/717
Tax Book Number:

1-7
Tax Annual Amount:

5808

Beds

Bedrooms Total:

4

Baths

Total Baths:

4

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Laundry Room

Schools

Elementary School:

Sallie Jones Elementary
Middle Or Junior School:

Punta Gorda Middle
High School:

Charlotte High

The Community

Subdivision Name:

PUNTA GORDA ISLES SEC 11
Senior Community:

false
Community Features:

Canal Front
Waterview:

Canal
Waterview:

true
Water Access:

Bay/Harbor
Water Access:

true
Water Extras:

Bridges - Fixed
Water Body Name:

DRUM BAYOU CANAL
Waterfront:

true
Waterfront Features:

Canal Front
Spa:

false
Pool Private:

true
Pool Dimensions:

14x24
Pool Features:

Gunite
Pets Allowed:

Yes
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false
Waterfront Feet Total:

80

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/31/25 Mar 31, 2025	Sold	STELLAR_MLS	$546,000	-8.2%
3/4/25 Mar 4, 2025	Pending	STELLAR_MLS	$595,000
3/2/25 Mar 2, 2025	Price Changed	STELLAR_MLS	$595,000	-11.1%

Multifamily Sold on 3/31/2025

$546,000

Listing provided by broker:

Luke Andreae

RE/MAX HARBOR REALTY

Newest listings in Punta Gorda, FL

Similar sold homes

Listing Courtesy of: STELLAR_MLS and RE/MAX HARBOR REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

2334 Magdalina Drive

Punta Gorda, FL 33950