$859,000

About this home

Rare Investment Opportunity! Looking for a stable income property with the added benefit of two additional lots for future development potential? This triplex in highly desirable Punta Gorda Isles offers a perfect blend of location, income, and potential. This single-story triplex is accompanied by two additional multi-family zoned potentially buildable lots, providing a fantastic opportunity for income expansion. With the units fully rented, and situated in a prime location, and no HOA, this property presents an excellent buy-and-hold and/or buy-and-build opportunity. Triplex Features: - Unit A: This unit boasts two bedrooms, two bathrooms, and a two-car garage. It has undergone a complete renovation with an open-concept design. The sleek laminate flooring throughout, freshly painted walls, modern galley kitchen with granite countertops and stainless steel appliances, and updated bathrooms with a guest bath featuring a tub/shower combination make it a luxurious living space. The spacious master suite includes double closets and a large master bath with a walk-in shower. Private gated front patio and an additional side lanai offer extra outdoor living space. - Unit B: This unit features two bedrooms, two bathrooms, and a one-car garage, along with guest parking. Ceramic tile and laminate flooring are used throughout, providing a clean and modern look. Convenient en-suite washer and dryer facilities enhance the living experience. Newer ceiling fixtures, bright rooms, and large windows with window coverings create a welcoming atmosphere. - Unit C: This updated unit also has two bedrooms, two bathrooms, and a one-car garage. The master suite includes an ensuite bath, a walk-in shower, ample counter space, and a walk-in closet. The second bedroom features double closets. The main bath has a tub/shower combination and an updated vanity. The combined living and dining area offers great closet space and storage. This kitchen boasts faux granite countertops, modern appliances, and a convenient full-size washer and dryer located in a closet. The spacious screened lanai features an outdoor dining area and a private yard, complemented by an irrigation system and hurricane shutters for added peace of mind. Prime location: Just minutes from downtown Punta Gorda, this property offers easy access to shopping, dining, and all the local amenities. It’s also close to I-75, Punta Gorda Airport, and various outdoor recreational activities, including golf, fishing, boating, and pickleball courts. Bonus Opportunity: A contiguous multi-family lot (Lot 30) is available for separate purchase, adding further development potential to this fantastic investment package. Don’t miss this turnkey investment opportunity in a highly desirable area. Whether you’re looking to expand your rental portfolio or develop the adjacent lots, this property offers endless possibilities.

Property details

MLS #

MFRC7529656

Property type

Triplex

Subdivision

PUNTA GORDA ISLES SEC 07

Status

Active

Days on market

3

On market date

August 22, 2026

Stories

N/A

Total bathrooms

N/A

Garage spaces

4

Parking spaces

N/A

Lot size

0.77 acres

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).