2334 Magdalina Dr Punta Gorda, FL 33950
Punta Gorda Isles Neighborhood
4
Beds
4
Baths
2,032
Sq Ft
9,600
Sq Ft Lot
Highlights
- 80 Feet of Salt Water Canal Waterfront
- Dock made with concrete
- Boat Lift
- Sallie Jones Elementary School Rated A-
- Water access To Gulf or Ocean
- Screened Pool
About This Home
As of March 2025WATERFRONT DUPLEX IN PGI - LIVE IN ONE SIDE & USE OTHER SIDE AS IN-LAW SUITE OR INCOME-PRODUCING UNIT. Seize this rare investment opportunity in the heart of Punta Gorda Isles—a beautifully updated duplex with a private pool, dock, and quick access to Charlotte Harbor. Miles of sidewalks connect you to many of the area amenities including Fishermen's Village, Gilchrist Park, PGICA building, Punta Gorda Library & the Harborwalk pathways. Now is your chance to house hack or enjoy multi-generational living w/family having separate living spaces while enjoying the benefits of being right next door! This waterfront gem offers two well-appointed units, each with modern finishes, spacious living areas, and private outdoor spaces, making it a turnkey income-producing property for long- or short-term rentals. Both sides have been thoughtfully updated w/luxury vinyl plank flooring plus updated kitchens & baths, this spacious home offers an open-concept design, stylish modern finishes, and an abundance of natural light. Boaters will love the saltwater canal in the backyard where 80ft of seawall & a 30ft dock w/quick boating access to open water await. Dock has 6,500 lb boat lift w/water & electric hook-ups dockside. Unit A opens to a screened lanai & in-ground, heated pool. Unit B's lanai extends to a lovely open-air patio w/brick paver deck that is surrounded by tropical landscaping. The resort-like atmosphere of the outdoor living spaces will appeal to seasonal renters and vacationers alike. With high demand for both annual & seasonal rentals in Punta Gorda Isles, this property offers immediate income potential while appreciating in value. **UNIT A** was used as the primary residence of the current owners. Wood-look, luxury vinyl plank flooring was added throughout in 2018. The kitchen was also updated in 2018 w/stone counters, gorgeous stainless steel appliances, R/O water filtration, subway tile backsplash & under cabinet lighting. **UNIT B** has new luxury plank flooring in great room & bedrooms (2017). TONS OF UPDATES & UPGRADES to both units including: NEW sliding glass doors, NEW electric Stormsmart hurricane shade across UNIT A lanai, NEW CAT-5 hurricane Kevlar screens (2023), some of the windows updated w/NEW impact-resistant windows, REPIPED both units (2021), NEW water softener both units (2019) & NEW impact-resistant front doors (2021). Flood insurance policy is assumable/transferable for $2,710/year. SO MUCH POTENTIAL HERE! Whether you're looking to owner occupy while expanding your rental portfolio or looking for a dual-income investment, this prime waterfront duplex is a must-see!
Last Agent to Sell the Property
RE/MAX HARBOR REALTY Brokerage Phone: 941-639-8500 License #3056380 Listed on: 01/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,808
Year Built
- Built in 1982
Lot Details
- 9,600 Sq Ft Lot
- Lot Dimensions are 80x120x80x120
- 80 Feet of Salt Water Canal Waterfront
- Property fronts a saltwater canal
Parking
- Driveway
Home Design
- Duplex
- Slab Foundation
- Metal Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,032 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Blinds
- Great Room
- Storage Room
- Canal Views
Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Home Security
- Hurricane or Storm Shutters
- Fire and Smoke Detector
Pool
- Screened Pool
- Heated In Ground Pool
- Gunite Pool
- Fence Around Pool
Outdoor Features
- Water access To Gulf or Ocean
- River Access
- Fixed Bridges
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Dock made with concrete
- Screened Patio
Location
- Flood Zone Lot
- Property is near a golf course
Schools
- Sallie Jones Elementary School
- Punta Gorda Middle School
- Charlotte High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Water Softener
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / 103
- Assessor Parcel Number 412307353008
Community Details
Overview
- No Home Owners Association
- 2,646 Sq Ft Building
- Punta Gorda Isles Community
- Punta Gorda Isles Sec 11 Subdivision
- The community has rules related to building or community restrictions
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Mar 28, 2025
Sold by
Hulse Wayne W and Hulse Susan N
Bought by
Magdalina Homes Llc
Seller's Agent
Luke Andreae
RE/MAX HARBOR REALTY
Buyer's Agent
Sondra Johnson
RE/MAX HARBOR REALTY
List Price
$695,000
Sold Price
$546,000
Premium/Discount to List
-$149,000
-21.44%
Views
165
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Purchase Details
Closed on
Apr 15, 2015
Sold by
Hulse Wayne W and Hulse Susan N
Bought by
Hulse Wayne W and Hulse Susan N
Purchase Details
Closed on
Nov 24, 2013
Sold by
Hulse Wayne W and Hulse Susan N
Bought by
Hulse Warren and Hulse Wayne W
Purchase Details
Closed on
Apr 16, 2013
Sold by
Campbell Robert T and Robert T Campbell Trust
Bought by
Hulse Wayne W and Hulse Susan H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2012
Sold by
Myers Kim Elizabeth and Lomen John
Bought by
Campbell Robert T and The Robert T Campbell Trust
Purchase Details
Closed on
May 20, 2005
Sold by
Campbell Robert T
Bought by
Myers Kim Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 28, 1998
Sold by
Borgetrom Carole A
Bought by
Campbell Robert T
Purchase Details
Closed on
Nov 20, 1997
Sold by
Bradley Therese R
Bought by
Borgstrom Carole A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,084
Interest Rate
7.27%
Mortgage Type
FHA
Similar Homes in Punta Gorda, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $546,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $191,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $375,000 | Florida Abstract & Security | |
| Warranty Deed | $152,500 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $230,000 | Seller Take Back | |
| Previous Owner | $106,084 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Rent | $2,050 | 0.0% | -- |
| 07/01/2025 07/01/25 | Off Market | $2,050 | -- | -- |
| 05/29/2025 05/29/25 | For Rent | $2,050 | 0.0% | -- |
| 03/31/2025 03/31/25 | Sold | $546,000 | -8.2% | $269 / Sq Ft |
| 03/03/2025 03/03/25 | Pending | -- | -- | -- |
| 03/02/2025 03/02/25 | Price Changed | $595,000 | -11.1% | $293 / Sq Ft |
| 02/14/2025 02/14/25 | Price Changed | $669,000 | -3.7% | $329 / Sq Ft |
| 01/30/2025 01/30/25 | For Sale | $695,000 | -- | $342 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,600 | $312,774 | -- | -- |
| 2023 | $5,600 | $301,695 | $0 | $0 |
| 2022 | $5,317 | $292,908 | $0 | $0 |
| 2021 | $4,975 | $284,377 | $122,400 | $161,977 |
| 2020 | $4,773 | $283,790 | $122,400 | $161,390 |
| 2019 | $4,915 | $283,198 | $0 | $0 |
| 2018 | $4,572 | $277,918 | $114,750 | $163,168 |
| 2017 | $4,555 | $238,784 | $95,625 | $143,159 |
| 2016 | $3,934 | $197,339 | $0 | $0 |
| 2015 | $3,538 | $161,490 | $0 | $0 |
| 2014 | -- | $146,809 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Luke Andreae
Seller's Agent in 2025
Luke Andreae
RE/MAX
(941) 833-4217
282 in this area
669 Total Sales
-
Sondra Johnson
Buyer's Agent in 2025
Sondra Johnson
RE/MAX
(512) 917-9143
2 in this area
36 Total Sales
Map
Source: Stellar MLS
MLS Number: C7504324
APN: 412307353008
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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