320 & 324 W ANN STREET, Punta Gorda, FL, 33950 | $340,000

Exceptional Duplex in Prime Punta Gorda – Ideal for Investors or Multi-Generational Living. For investors, this property offers immediate income potential with stable tenant in place. Whether you're looking to expand your portfolio or seeking a home with built-in rental income, this duplex is a turnkey opportunity. This well-maintained duplex is nestled in the highly desirable community of Punta Gorda. Built in 1974 on an expansive lot with city water and sewer, it features two fully updated units—each offering 2 bedrooms, 2 bathrooms, and 1, 096 square feet of modern, comfortable living space. It’s an ideal setup for investors, multi-generational families, or those who want to live in one unit and rent the other. Inside, both homes boast an open-concept layout with polished concrete floors that create a clean, contemporary feel. The kitchens have been tastefully renovated—one with granite countertops and a breakfast bar, the other with quartz countertops. Both feature new shaker-style cabinetry, generous counter space, and easy flow into the dining and living areas. Sliding glass doors open to private screened lanais overlooking a spacious backyard, perfect for relaxing or entertaining. Each unit includes a large primary suite complete with a walk-in closet, single-sink vanity, walk-in shower, and linen closet. The guest bedrooms are also well-sized, with ample closet space, and each unit has a full guest bathroom. Additional conveniences include indoor laundry rooms, extended driveways, and covered carports for ample parking. Recent updates add tremendous value and peace of mind, including water heaters installed in 2018 and 2013, new washers, dryers, and refrigerators added in 2024, and a newer asphalt shingle roof from 2019. Both A/C intake boxes were replaced and systems serviced after the last storm, with no damage reported. The seller is also adding risers to elevate both A/C units. Storm shutters are included, offering added protection during hurricane season. Ideally located just minutes from historic downtown Punta Gorda, Fishermen’s Village, waterfront parks, shopping, dining, and year-round community events, this duplex is also convenient to I-75, US-41, Punta Gorda Airport, and Southwest Florida International Airport. Golfers will enjoy the close proximity to Saint Andrew’s South Golf Club. This is a truly exceptional opportunity to own a versatile, income-producing property in one of Southwest Florida’s most desirable locations. **PLEASE ENJOY THE 3D INTERACTIVE VIRTUAL TOUR ASSOCIATED WITH THIS LISTING**

Features

  • Bedrooms: 4
  • Units: 2
  • Laundry: Inside, Laundry Room
  • Year Built: 1974
  • Garage: Covered, Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,192
  • Acreage: 0.26
  • Est. Taxes: $4,814
  • Appliances: Microwave, Range, Refrigerator
  • MLS#: C7509523
  • Days on Market: 235 days
  • Website: https://www.raveis.com
    /prop/C7509523/320and324wannstreet_puntagorda_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/8/2026 8:47:11 PM)
Listing courtesy of MARINA PARK REALTY LLC   Phone: 941-205-0888

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NMLS Mortgage Loan Originator ID 16953

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320 & 324 W ANN STREET, Punta Gorda, FL, 33950

$340,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $272,000 $272,000 $272,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.285% 6.292% 5.609%
Monthly Tax Payment $401 $401 $401
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,544 $1,653 $2,204
Total Monthly Payment $2,020 $2,129 $2,680

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.