3401 Palm Drive, Punta Gorda, FL 33950
Local realty services provided by:CENTURY 21 Link Realty, Inc.
Listed by: chant karajian, joey pillittieri
Office: 10 stars property management llc.
MLS#:TB8555249
Source:MFRMLS
Price summary
- Price:$399,000
- Price per sq. ft.:$182.69
About this home
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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Home facts
- Year built:1978
- Subdivision & Development:TIERRA CORONADO
- Listing ID #:TB8555249
- Added:1 day(s) ago
- Updated:October 06, 2026 at 08:02 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Dining Description:Living Room/Dining Room Combo
- Kitchen Description:Kitchen/Family Room Combo, Solid Surface Counters
- Basement Description:Block
- Living area:1,928 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1978
- Building area:1,928 sq. ft.
- Lot area:0.33 Acres
- Construction Materials:Block, Concrete, Stucco
- Exterior Features:Sidewalk
- Foundation Description:Block, Slab
- Levels:1 Story
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public Sewer, Sewer Available, Sewer Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$182.69
- Tax amount:$3,071 (2025)
Features and amenities
- Laundry features:Inside
- Amenities:Ceiling Fans(s), Electricity Available, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
- Pool features:Public Pool
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