418-438 East Virginia Avenue

Punta Gorda, FL 33950

$785,000
Price
12
Beds
4,720 Sq. Ft.
$166 / Sq. Ft.
4,720
Sq. Ft.
$166
per Sq. Ft.

Description

Back on the market due to no fault of the property! Don’t miss your second chance on this property! Income Producing Duplexes in Punta Gorda, FL Unlock the potential of this investment opportunity with this set of income-producing duplexes located in the charming City of Punta Gorda. Four Duplex property with four two bedroom, one bath units and four one bedroom one bath units. Also Included in property are six 42 ft vacant lots. Vacant lots are currently zoned Neighborhood Center District (NC) which...Back on the market due to no fault of the property! Don’t miss your second chance on this property! Income Producing Duplexes in Punta Gorda, FL Unlock the potential of this investment opportunity with this set of income-producing duplexes located in the charming City of Punta Gorda. Four Duplex property with four two bedroom, one bath units and four one bedroom one bath units. Also Included in property are six 42 ft vacant lots. Vacant lots are currently zoned Neighborhood Center District (NC) which allows for development of multiple uses. Currently the property has five units with MTM tenants and the remaining three units are in the process of having a total renovation including electric, plumbing, and mechanical. Please DO NOT disturb current tenants.
  1. Listed by Jessica Ritch • RIVERSIDE REALTY SERVICES LLC

Property Details for 418-438 East Virginia Avenue

Subdivision Name
PUNTA GORDA
Township
41S
Waterfront
No
LISTING UPDATED: 09/12/2024 05:19 PM

Property Details for 418-438 East Virginia Avenue

StatusActive
MLS #C7497368
Days on Market11
Taxes$8,298 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1969
Lot Size1.15 AC / 50,102 SF
CountyCharlotte County

Building Information for 418-438 East Virginia Avenue

Stories-Residences8Year Built1969Building Size-Lot Size1.15 AC / 50,102 SF

Property Information for 418-438 East Virginia Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 5156.0
  • Building Area Units: Square Feet
  • Directions: US 17/ Duncan Road to L On Cooper Street, Right on Virginia to Address
  • Mls Major Change Type: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Punta Gorda
  • Unit Number: No
  • Street Number: 418 -438
  • Street Direction Prefix: E
  • Street Name: VIRGINIA
  • Street Suffix: AVENUE
  • State: FL
  • City: PUNTA GORDA
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
  • Parking Features: Curb Parking, Parking Pad
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 39
  • Tax Book Number: 2-97
  • Tax Legal Description: PUG 000 0039 0028 PUNTA GORDA BLK 39 LTS 28 29 30 36 37 38 39 40 PR01-703 1968/1028 PR02-901 DC2083/1706 2083/1144 2205/1508 2811/1763 2811/2164 2811/2165 2811/2166 2811/2167 3258037 PUG 000 0039 0031 PUNTA GORDA BLK 39 LTS 31 32 33 34 & 35 DC1909/6
  • Tax Lot: 28-40
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 412306413007
  • Total Acreage: 1 to less than 2
  • Total Num Buildings: 4
  • Water Access: No
  • Water Extras: No
  • Zoning: NC
  • Living Area: 4720
Property and Assessments
  • Year Built Numeric: 1969
  • Flood Zone Code: AE
  • New Construction: No
  • Property Attached: Yes
  • Property Condition: Completed
  • Public Survey Range: 23E
  • Public Survey Section: 06
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Water Source: Public
  • Num Electric Meters: 8.0
  • Num Water Meters: 8.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Sidewalk
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 12
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central
  • Interior Features: Kitchen/Family Room Combo
  • Laundry Features: None
  • Living Area Source: Estimated
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $27,282.00
  • Unit Count: 2
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Heated Sq Ft 1: 460
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 825
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 4
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 2
  • Unit Type Heated Sq Ft 2: 720
  • Unit Type Number Of Units Occupied 2: 3
  • Unit Type Pro Forma 2: 850
  • Unit Type Type 2: 2 Bed/1 Bath
  • Unit Type Units Total 2: 4

Property History for 418-438 East Virginia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 418-438 East Virginia Avenue

This home is within Charlotte.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Sallie Jones Elementary School
PublicPK to 5

Punta Gorda Middle School
Public6 to 8

Charlotte High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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418-438 East Virginia Avenue is a multi-family home for sale in Punta Gorda, FL 33950. This property was listed for sale on August 29, 2024 by RIVERSIDE REALTY SERVICES LLC, it's currently listed at $785,000. This listing's school district is Charlotte. Nearby schools include Sallie Jones Elementary School, Punta Gorda Middle School and Charlotte High School. 418-438 East Virginia Avenue is a 12-bed, 0-bath, 4,720 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RIVERSIDE REALTY SERVICES LLC, Jessica Ritch

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.