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Punta Gorda Quadruplex For Sale

4362 PINNACLE STREET Punta Gorda, FL 33980

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For Sale
$350,000

Quadruplex - PUNTA GORDA, FL

Type:Quadruplex
Property size:
2,266 SF
Lot size:
0.33 Acres
Price / SF:
$154/SF
Added:
Nov 25, 2024
Days on Market:
594
Last Refresh:
Jul 12 at 10:06 pm

Property Features for 4362 PINNACLE STREET

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
CR3.5
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Interior features
Ninguno
Exterior features
Paved, Private Mailbox
Standard status
Active
APN
402225401011
Size
2,266 SF
Lot size
0.33 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
6013.58

Building Details

Year built
1959
Number of units
4
Building materials
Block
Roof type
Membrane, Metal
Architectural style
Other

Listing agent J. Lyn Bevis License #306174

Listing office RE/MAX HARBOR REALTY 2815 Tamiami Trail, Punta Gorda, FL

Listing date Nov 25, 2024

MLS# C7501055 Listing URL

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This quadruplex is located in a good rental area of Charlotte Harbor, with proximity to US41 (Tamiami Trail) and the Kingshwy/Harborview corridor, Charlotte Harbor, and Sunseeker Resort. It offers quick access to I-75 and US 41. The property includes a metal roof and a vacant lot behind the subject property at 4375 Eaglet Rd. The property size is 2266 square feet and the lot size is 0.33 acres. All units experienced flooding during Hurricane Milton. Damaged drywall has been removed. The property is being sold AS IS.

Key Highlights

  • Located in a good rental area of Charlotte Harbor
  • Includes a vacant lot behind the property (4375 Eaglet Rd)
  • Metal roof for durability

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.6k $17.04
− Vacancy −$7.3k −$3.22
EGI $31.3k $13.82
− OpEx −$9.4k −$4.15
NOI $21.9k $9.67
2,266 SF · lease $17.04/SF/yr · vacancy 18.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$313.1K
$274.0K – $365.3K (±1% cap)
NOI $21,920 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$285.8K
$250.1K – $333.4K (±1% cap)
NOI $20,006 @ 7.0% cap · market cap 5.72%
Theoretical Best
Office A
$742.0K
$649.2K – $865.6K (±1% cap)
NOI $51,937 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Quadruplex in good rental area, close to US41 and I-75.
Where is this quadplex located?
The property is located at 4362 PINNACLE STREET Punta Gorda, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Located in a good rental area of Charlotte Harbor; Includes a vacant lot behind the property (4375 Eaglet Rd); Metal roof for durability
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