About This Home

This 6-bedroom, 6-bathroom multi-family at 2417 MAGDALINA Drive in Punta Gorda, FL is listed for $859,000 ($236 per sqft). Built in 1980, the home offers 3,641 sqft of living space on a 0.77 acres lot.

Key Features

  • Built in 1980
  • 0.77 acre lot

Property Details

1 story
6 full
4-car garage
1980

Amenities

ViewA/C
Listing 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.

Monthly Cost Estimate

$4,594/mo

20% down · 6.5% · 30 years

Principal$621
Interest$3,722
Insurance$251

Estimates only. Actual payments may vary.

Location

2417 MAGDALINA Drive

Punta Gorda, FL 33950

PUNTA GORDA ISLES SEC 07

Features & Amenities

Interior Features

Ceiling Fans(s)Open FloorplanPrimary Bedroom Main FloorWindow Treatments

Exterior Features

Hurricane ShuttersRain Gutters

Property Details

Construction

Block Stucco

Views

Park

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 6-bedroom, 6-bathroom multi-family at 2417 MAGDALINA Drive is listed at $859,000 ($236/sqft). The estimated monthly payment is $4,595 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.77 acre lot. Interior Features: Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor. Exterior Features: Hurricane Shutters, Rain Gutters.

This property is listed by Robert Babineau.

RB

Robert Babineau

Agent at Captains Realty

Listed by Captains Realty · Broker phone: (941) 626-1329 · View on Broker Site

MLS# C7529656· Source: Stellar MLS· 78 days on PropertySimple

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2417 MAGDALINA Drive, Punta Gorda, FL 33950

Open this listing in: