3401 Palm Drive, Punta Gorda, FL 33950

$399,000
4
BD
4
BA
1,928
SqFt
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List Price
$399,000
Status
ACTIVE
Days on Market
0
MLS#
TB8555249
Subtype
Residential Income
Year Built
1978
Bedrooms
4
Bathrooms
4
Living Area
1,928
Lot Size
14,374
Acres
0.33
Subdivision
Aqui Esta
MLS Area Major
Punta Gorda
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Property Description

INVESTMENT OPPORTUNITY IN PUNTA GORDA! This four-unit property offers investors the opportunity to acquire a cash-flowing multifamily asset with 3 of the 4 units currently occupied, providing immediate rental income with additional upside through lease-up of the remaining unit. Whether you're looking to expand your portfolio, generate ongoing income, or position yourself for long-term appreciation, this property offers multiple paths to value creation. Located in Punta Gorda, a growing Southwest Florida community known for its waterfront lifestyle, historic downtown, boating, dining, and convenient access to I-75, the property is well positioned to benefit from continued demand throughout Charlotte County. With three units already occupied, an investor can step into an income-producing property today while having the opportunity to increase overall revenue by filling the vacant unit and optimizing rents over time. Punta Gorda has also continued to see investment and redevelopment activity, adding to the area's long-term appeal for real estate investors. Buy for the cash flow today, while positioning yourself for potential long-term appreciation tomorrow. This is an opportunity to acquire an income-producing multifamily property in an established Southwest Florida market with room to increase income and build equity over time.

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Additional Information

Interior Features
Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
Exterior Features
Sidewalk
Community Features
No Deed Restriction
Zoning
RMF12
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete, Stucco
Exterior Features
Sidewalk
Roof
Shingle
Foundation
Block, Slab
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Listing courtesy of 10 STARS PROPERTY MANAGEMENT LLC. 813-810-7099

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