418 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.
a front view of a house with a garden
a front view of a house with a garden and trees
a front view of house with yard
a front view of house with a garden and trees

Description

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...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 Steve Gant • Riverside Realty Services LLC

Property Details for 418 East Virginia Avenue

Development
PUNTA GORDA
Building Design
Duplex
Community Type
No Subdivision
Waterfront
No
Waterfront Desc
None
Waterfront Desc
None
View
None/Other
LISTING UPDATED: 09/30/2024 02:35 PM

Property Details for 418 East Virginia Avenue

StatusActive
MLS #224071553
Days on Market92
Taxes$8,298 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1966
Lot Size1.15 AC / 50,094 SF
CountyCharlotte County

Building Information for 418 East Virginia Avenue

Stories1Residences2Year Built1966Building Size-Lot Size1.15 AC / 50,094 SF

Property Information for 418 East Virginia Avenue

Summary
Location and General Information
  • City: PUNTA GORDA
  • Directions: US 17/ Duncan Road to L On Cooper Street, Right on Virginia to Address
  • Human Modified: No
  • Latitude: 26.94
  • Longitude: -82.04
  • MLS Area Major: OA01 - Out of Area
  • Pets: No Approval Needed
  • Postal Code: 33950
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Street Direction Prefix: E
  • Street Name: Virginia
  • Street Number: 418
  • Street Suffix: AVE
  • Block: 39
  • Full Address: 418 E Virginia AVE
Parking
  • Covered Spaces: .00
Taxes and HOA Information
  • Amenity Rec Fee: $.00
  • Application Fee: $.00
  • Association Fee Total Frequency: Annually
  • Association Fee 2: $.00
  • Tax Annual Amount: $8,297.85
  • Tax Year: 2023
  • Transfer Fee: $.00
  • Association Fee 3: $.00
Property
Lot Information
  • Development Name: PUNTA GORDA
  • Parcel Number: 412306413007
  • Property Type: Residential Income
  • Section: 06
  • Lot Unit: 28-40
  • Source of Measure Lot Dimensions: Survey
  • Lot Desc: Multiple Lots, See Remarks
  • Acres: 1.15
  • Lot Size Area: 1.15
  • Lot Size Dimensions: 419 x 92 x 125 x 92
  • Source of Measurements: Survey
  • Lot Size Units: Acres
  • Legal Desc: 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
Property and Assessments
  • Total Area: 4720.0
  • Possession: Close Of Escrow
  • Property Condition: Resale
  • Property Sub Type: Duplex
  • Township: 41S
  • Range: 23E
  • Special Assessment: 0.00
  • Sub Condo Name: PUNTA GORDA
  • Year Built Numeric: 1966
  • Property Sub Type Additional: Duplex
  • Zoning Code: CC, NC
Lease Information
  • Land Lease Fee: $.00
  • Lease Amount Per Area Unit: Dollars Per Square Foot
  • One Time Land Lease Fee: $.00
  • One Time Mandatory Club Fee: $.00
  • One Time Othe Fee: $.00
  • One Time Special Assessment Fee: $.00
Utilities
  • Sewer: Central
  • Utilities: Cable Available
  • Water Source: Public
  • Water: Central
Multi Family
Multi-Family Information
  • Gross Rental Income: $42,000.00
  • Annual Net Operating Income: $27,282.00
  • Annual Food And Beverage Minimum: 0.00
  • Number Of Units Total: 8
  • Annual Expenses: $14,718.00
  • Other Fee: $.00
  • Stories: 1.0
  • Units in Building: 2
Unit 1 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 720.0
Unit 2 Information
  • Monthly Gross Income: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 850
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 720.0
Unit 3 Information
  • Monthly Gross Income: $775.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 775
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 720.0
Unit 4 Information
  • Monthly Gross Income: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 750
  • Unit Type Type: Item2Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 720.0
Unit 5 Information
  • Monthly Gross Income: $825.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 825
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 460.0
Unit 6 Information
  • Monthly Gross Income: $760.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 760
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 460.0
Unit 7 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 460.0
Unit 8 Information
  • Monthly Gross Income: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Description: Great Room,Range,Refrigerator
  • Furnished: Unfurnished
  • Unit Type Garage Spaces: .00
  • Unit Type Pro Forma: 0
  • Unit Type Type: Item1Bedroom
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Living Area: 460.0
Interior and Exterior Features
Exterior Features
  • Architectural Style: Ranch, One Story
  • Association Amenities: None
  • Canal Width: None
  • Construction: Poured Concrete, Concrete Block
  • Exterior Features: None
  • Exterior Features: None
  • Irrigation Source: None
  • Private Pool: No
  • Roof: Shingle
  • Structure Type: Duplex
  • Gulf Access: No
  • Spa: No
Interior Features
  • Beds Total: 12
  • Cooling: Other
  • Elevator Text Details: None
  • Flooring: See Remarks
  • Heating: Other
  • Interior Features: Other
  • Window Features: Other
Rental
Rental Information
  • One Time Rec Lease Fee: $.00

Property History for 418 East Virginia Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 418 East Virginia Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$11,812 ($984 / month)
Home Facts
Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories1Lot Size50,102 SqFtStyleMulti-Family Res (5+ Units)Year Built1969ZoningNCCountyCHARLOTTEAPN41-23-06-413-007

Schools near 418 East Virginia Avenue

This home is within Charlotte.
Rating
School
Type
Grades
Distance
Sallie Jones Elementary School
Public - PK to 5
Punta Gorda Middle School
Public - 6 to 8
Charlotte High School
Public - 9 to 12
Florida SouthWestern Collegiate HS-Charlotte
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

Florida SouthWestern Collegiate HS-Charlotte
Charter9 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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More information about 418 East Virginia Avenue, Punta Gorda, FL 33950

418 East Virginia Avenue is a multi-family home for sale in Punta Gorda, FL 33950. This property was listed for sale on September 3, 2024 by Riverside Realty Services LLC, it's currently listed at $785,000. It has been on the market for a total of 92 days and was last sold on September 23, 2005. This listing's school district is Charlotte. Nearby schools include Sallie Jones Elementary School, Punta Gorda Middle School and Charlotte High School. 418 East Virginia Avenue is a 12-bed, 0-bath, 4,720 sqft multi-family home built in 1966.

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, Steve Gant

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.