418 - 438 E VIRGINIA AVENUE Punta Gorda, FL $ 875,000
418 - 438 E VIRGINIA AVENUE
$ 875,000
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418 - 438 E VIRGINIA AVENUE

Punta Gorda, FL, 33950
$ 875,000
Bedrooms12 Baths8.0 Sq 4,720

Monthly Estimate*

$ 5,459

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Multi-Family Home for sale in Punta Gorda, FL

for $875,000 with 12 bedrooms and 8 full baths. This 4,720 square foot home was built in 1969 on a lot size of 0.62.

**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. Currently the property has three units with MTM tenants and two units with one year leases. The remaining two units are in the process of having a total renovation including electric, plumbing, and mechanical. See the attached document which outlines all repairs and updates currently on each unit. Please DO NOT disturb current tenants or enter the property without expressed permission. Current listing reflects four duplexes on seven lots. Six remaining 42x92 vacant lots are available and seller will consider offer on entire parcel.

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Multi-Family Active

Price

$ 875,000

Bedrooms

12

Full Bath

8

Property Type

Multi-Family

Taxes

$ 11,811

Style

Duplex

Lot Size

0.62

Year Built

1969

Town/City

Punta Gorda

County/Region

Charlotte

MLS | Web ID

C7515903

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Mini-Split Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Zoning NC
Patio/Porch Features Covered Porch
Construction Materials Block Stucco
Year Built 1969
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
County Charlotte
New Construction false
Property Type Residential Income
Subdivision Name PUNTA GORDA
Garage Y/N false
Status Active
Directions E Olympia Ave to R on Milus Street R on E Virginia Ave to property.
City PUNTA GORDA
Senior Community Y/N false
Number Of Units Total 8
MLS Area 33950 - Punta Gorda
Lot Size Units Square Feet
Lot Size Square Feet 26984
Carport Y/N false
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 11811.8
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.zillow.com/view-imx/20bd139e-e05b-4773-86ea-c0a3db64c223/?utm_source=captureapp
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 28
Legal Description PUG 000 0039 0028 PUNTA GORDA BLK 39 LTS 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 34 & 35 DC1909/6
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Primary Bedroom Main Floor Stone Counters Thermostat Window Treatments
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Total Bedrooms 12
Total Baths 8
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Exterior
Exterior Amenities Hurricane Shutters Private Mailbox Sidewalk
Water Source Public
Lot Size Area 26984
Foundation Details Slab
Number of Buildings 4
Lot Size Acres 0.62
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Number of Separate Water Meters 7
Number of Separate Electric Meters 8
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Riverside Realty Services Llc

Broker

JessicaRitchRealtor@gmail.com

Email

Affordability Calculator

$6,443
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,459
Monthly Property Taxes
$984
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$875,000 Listed Price

Map


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418 - 438 E VIRGINIA AVENUE, Punta Gorda, FL, 33950 is a Multi-Family Home for sale at $875,000 with 4,720 sqft and a lot size of 0.62. 418 - 438 E VIRGINIA AVENUE has 12 bedrooms, 8.0 baths, and was built in 1969. The property's zip code is 33950 which is in Punta Gorda, FL