3401 Palm Dr, photo 1
Active
1 / 16

Overview

4 bd4 ba1,928 sqftQuadruplex
TypeQuadruplex
HOANone listed
Built1978
Lot14,374 sqft
Living area1,928 sqft
Price / sqft$207

Ask anything about this home

Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Kitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersSidewalk

3401 Palm Dr is a 1978-built home in Tierra Coronado, Punta Gorda. Inside you'll find 4 bedrooms, 4 bathrooms, and 1,928 square feet of living space. Listed at $399,000 (about $207/sqft), 7 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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.

The essentials

Built
1978
Price / sqft
$207
On market
7 days
Annual tax
$3,071
Flood zone
AE
Lot
14,374 sqft
Type
Quadruplex

At a glance

Single family
Built 1978
0.33 acres
Lot size
1,928 sqft
Living area

Payment

Est. monthly payment
$2,536/mo
Down payment (20%)
$79,800
Property taxes
$256/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Quadruplex
Year Built
1978
Lot
14,374 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
7
Ceiling Fans(s)
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Sidewalk
Flood Zone AE
Annual Tax (2025)
$3,071
Parcel #
412318330003

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Tierra Coronado
County
Charlotte
MLS Area
33950 - Punta Gorda
Lot Size
14,374 sqft

Price history

Date
Event
Price
10/5/2026
Listed for sale
Source: Stellar MLS #TB8555249
$399,000
$207/sqft

Neighborhood

3401 Palm Dr
Punta Gorda, FL, 33950 · 33950 - Punta Gorda

Market insights

Offer Insights

Choose an offer strength

List price: $399,000
$387,500 – $399,000
96.9% – 100% of listTops out right at the list price
80% of listList price
138 of the last 275 home closings in 33950 landed at this number or higher (50%). The median one sat 68 days before it went under contract, and this one is on day 7.

Sample: 275 closed home sales in 33950 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,536/mo
Principal & interest$2,081
Property taxes$256
Insurance$200
Down payment20% · $79,800
Interest rate6.80%
Loan term

Not sure what you can afford?

Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$399,000

$207 per sq ft

Beds and baths

4 beds, 4 baths

Size

1,928 sq ft

Time on market

7 days

Year built

1978

Monthly payment

About $2,536/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,071 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered by10 STARS PROPERTY MANAGEMENT LLCListing agent: Chant KarajianListing data from Stellar MLS, MLS# TB8555249.

Keep exploring Florida

Pick up where you left off, or see what else is out there.