3401 PALM DRIVE, Punta Gorda, Florida, 33950
$375,000
1,928 Sqft
0.33 Acres
4 bd
4 ba
#TB8555249
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.
PROPERTY FEATURES
- Utilities : Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
- Water Access : 0
- Sewer : Public Sewer
- Exterior Features : Sidewalk
- Road Surface Type : Asphalt
- Roof : Shingle
- Zoning : RMF12
- Heating : Central
- Cooling : Central Air
- Construction Materials : Block, Concrete, Stucco
- Interior Features : Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
- Laundry Features : Inside
PROPERTY DETAILS
ID: TB8555249
Status: Pending Sale
Price: $375,000
Acres: 0.33 Acres
Price Per Acre: $1,136,364
Type: Other
Address: 3401 PALM DRIVE
City, State: Punta Gorda, Florida
County: Charlotte
Zip Code: 33950
Lat/Long: 26.907722, -82.048764
These properties have been added to favorites!
These properties have been removed from favorites!




