BEDS6
BATHS
SQUARE FEET2,728
MLS#C7526414
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPUNTA GORDA ISLES
Property Description
Fully leased luxury duplex producing $4,100/month in gross rental income with immediate cash flow already in place. Newly completed and fully occupied by the original tenants, this high-end income property built by Lewis Maguire Homes offers the rare combination of stabilized rental income and low-maintenance new construction.Each unit features tile flooring throughout, hard-surface countertops, modern kitchens, designer lighting and fans, 8-foot interior doors, and full appliance packages designed for long-term durability and tenant appeal.Conveniently located just minutes from Fishermen's Village, downtown Punta Gorda, waterfront dining, marinas, shopping, and entertainment, this property is positioned in one of Southwest Florida's strongest growing rental corridors.The adjacent duplex at 174 Madrid Blvd is also available, creating an excellent opportunity for investors seeking multiple side-by-side income-producing properties. Ask about additional duplex and investment opportunities currently offered by the builder/broker.Owner/Licensee Disclosure: William Morgan, listing broker and Florida licensed real estate broker/Realtor, is a principal/member of Lewis Maguire Homes LLC, seller/owner of the property.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2 car attached
Heating: Electric
Lot Size: 0.34 Acres
Roof Type: Tile
Taxes: $8,207
Year Built: 2024
Amenities
Ceiling Fans(s)
High Ceilings
Thermostat
Walk-In Closet(s)
Courtyard
Feature Descriptions
Annual Net Income: 36200.00
Directions: From US-41/Tamiami Trail, head west on Aqui Esta Dr. Continue to Bal Harbor Blvd and turn right. Turn left onto Madrid Blvd. Property will be on the right at 180 Madrid Blvd, Punta Gorda.
Exterior: Stucco
Flood Zone Code: AE
Foundation: Stem Wall
Home Warranty Y/N: No
Lot Dimensions: 0.34
Other Equipment: Irrigation Equipment
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Do Not Contact Tenants
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access Y/N: No
Zoning: GM-15
Listed By / Shown By
Listed By
Agency Name: WILLIAM MORGAN REAL ESTATE LLC
Agency Contact: 208-794-7630
Shown By
Agency Title: The Myrick Team
Agency Phone: 704-699-9899
Estimate Your Payment
Estimated Payment
$ 2,138.88 per month $1,286.38 Principal & Interest $683.92 Property Tax $168.58 Homeowner's InsuranceChange Payment Information
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180 Madrid Boulevard | MLS# C7526414
This multi-family property located at 180 Madrid Boulevard, Punta Gorda, FL 33950 is currently listed for sale with an asking price of $578,000. Search Punta Gorda real estate on www.tarenmyrick.com today.