3401 PALM DRIVE, Punta Gorda, Charlotte, FL, 33950, Residential Income, 4, 4, 6141c63eedf4398a5b4c2472287244bb, TB8555249, 3401, PALM

  • $399,000

Overview

Property ID: TB8555249
  • Quadruplex
  • Property Type
  • 4
  • Bedrooms
  • 1928 Square Feet
  • Area Size
  • 1978
  • Year Built

Description

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.

  • Address: PALM
  • City: PUNTA GORDA
  • State/county: Charlotte
  • Zip/Postal Code: 33950
  • Area: TIERRA CORONADO

Details

Updated on October 7, 2026 at 10:59 am
  • Property ID TB8555249
  • Price $399,000
  • Property Size 1928 Square Feet
  • Land Area 0.33 Square Feet
  • Bedrooms 4
  • Year Built 1978
  • Property Type Quadruplex
  • Property Status Residential Income

Additional details

  • BuildingAreaTotal 2184
  • CoListAgentFullName Joey Pillittieri
  • CoListAgentMlsId 260058017
  • CoListOfficeMlsId 261555720
  • CoListOfficeName 10 STARS PROPERTY MANAGEMENT LLC
  • ConstructionMaterials Block, Concrete, Stucco
  • ContractStatusChangeDate 2026-10-06
  • Cooling Central Air
  • CumulativeDaysOnMarket 1
  • DaysOnMarket 1
  • Directions From Sarasota: Take I-75 S toward Naples. Take Exit 164 toward Punta Gorda/US-17. Continue on US-17 S, then turn onto US-41 S/Tamiami Trail. Turn onto Palm Dr and continue to 3401 Palm Dr. From Punta Gorda: Take US-41 S/Tamiami Trail toward Port Charlotte. Turn onto Palm Dr and continue to 3401 Palm Dr. The property is approximately 4 miles from central Punta Gorda.
  • FoundationDetails Block, Slab
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • LaundryFeatures Inside
  • LeaseConsideredYN 1
  • ListAOR Suncoast Tampa
  • ListAgentAOR Suncoast Tampa
  • ListAgentEmail eagleforce_ck@hotmail.com
  • ListAgentFullName Chant Karajian
  • ListAgentKey 4cf711aed4eee6774c9bef91e18921cc
  • ListAgentMlsId 261552909
  • ListAgentPreferredPhone 813-810-7099
  • ListOfficeKey 25fe7827c9d6d6fe6df6e2bc8016751d
  • ListOfficeMlsId 261555720
  • ListOfficeName 10 STARS PROPERTY MANAGEMENT LLC
  • ListOfficePhone 813-810-7099
  • ListingContractDate 2026-10-05
  • LivingAreaSource Public Records
  • LotSizeArea 14374
  • LotSizeSquareFeet 14374
  • MLSAreaMajor 33950 - Punta Gorda
  • MlsStatus Active
  • ModificationTimestamp 2026-10-07T10:47:11.417Z
  • NumberOfBuildings 1
  • OnMarketDate 2026-10-06
  • OriginalEntryTimestamp 2026-10-06T13:47:12.843Z
  • OriginalListPrice 399000
  • OriginatingSystemKey stellar
  • OriginatingSystemName Stellar MLS
  • Ownership Fee Simple
  • ParcelNumber 412318330003
  • PhotosChangeTimestamp 2026-10-06T13:52:17.444Z
  • PhotosCount 16
  • PostalCodePlus4 3119
  • RoadSurfaceType Asphalt
  • Roof Shingle
  • Sewer Public Sewer
  • SourceSystemKey 813301151
  • SpecialListingConditions None
  • StateOrProvince FL
  • StatusChangeTimestamp 2026-10-06T13:47:12.843Z
  • StreetName PALM
  • StreetNumber 3401
  • StreetNumberNumeric 3401
  • StreetSuffix DRIVE
  • TaxAnnualAmount 3071
  • TaxBlock F
  • TaxBookNumber 3-47
  • TaxLegalDescription TRC 000 000F 00P3 TIERRA CORONADO BLK F PARCEL 3 TRACT F BEG NE COR TRACT F TH S 125 FT TH W 115 FT TH N 125 FT TH 115 FT TO POB 375/921 553/2027 1030/406 CT1105/302 1159/953 1299/83 1721/134 2242/760 DC4113/2106-SIA 4113/2107 4220/2092 5016/2185 502 3/108
  • TaxLot 0
  • TaxYear 2025
  • Utilities Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • WaterSource Public
  • Zoning RMF12

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