3401 Palm Drive, Punta Gorda, FL 33950

Punta Gorda
Local realty services provided by:ERA Advantage Realty, Inc.
3401 Palm Drive,Punta Gorda, FL 33950
$399,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 1,928 sq. ft.
  • Multi-family
  • Active
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...

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Home facts

  • Year built:1978
  • Subdivision & Development:TIERRA CORONADO
  • Listing ID #:TB8555249
  • Added:1 day(s) ago
  • Updated:October 07, 2026 at 03:21 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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