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For sale
  • $578,000

    180 MADRID BOULEVARD, PUNTA GORDA, FL 33950

    6beds
    4baths
    2,728sqft
    : 
    $3,834/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 2024
    -- sqft lot
    $555,900 Zestimate®
    $212/sqft
    $-- HOA

    What's special

    Modern kitchensTile flooring throughoutHard-surface countertopsDesigner lighting and fans
    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.
    70 days
    |
    178
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Morgan 208-794-7630,

    WILLIAM MORGAN REAL ESTATE LLC 208-794-7630

    Source: Stellar MLS,MLS#: C7526414MLS LogoOriginating MLS: Port Charlotte

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), High Ceilings, Thermostat, Walk-In Closet(s)
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,728 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Exterior features: Courtyard, Irrigation System
      Lot
      • Size: 0.34 Acres
      Details
      • Parcel number: 412320404014
      • Zoning: GM-15
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Stucco
      • Foundation: Stem Wall
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: PUNTA GORDA ISLES
      HOA
      • Has HOA: No
      Location
      • Region: Punta Gorda

      Financial & listing details

      • Price per square foot: $212/sqft
      • Tax assessed value: $611,664
      • Annual tax amount: $8,207
      • Date on market: 5/20/2026
      • Cumulative days on market: 22 days
      • Ownership: Fee Simple
      • Total actual rent: 4100
      • Tenant pays: Electricity, Sewer, Trash Collection, Water
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $555,900

        $528,000 - $584,000

        $1,804/mo

        Price history

        DateEventPrice
        5/20/2026Listed for sale$578,000-4.9%$212/sqft
        Source: Stellar MLS #C7526414 Report a problem
        12/20/2025Listing removed$607,990$223/sqft
        Source: SWFLMLS #225055814 Report a problem
        6/23/2025Listed for sale$607,990$223/sqft
        Source: SWFLMLS #225055814 Report a problem
        6/1/2025Listing removed$607,990$223/sqft
        Source: Stellar MLS #C7500128 Report a problem
        4/17/2025Price change$607,990-5%$223/sqft
        Source: Stellar MLS #C7500128 Report a problem
        2/12/2025Price change$639,900-0.6%$235/sqft
        Source: Stellar MLS #C7500128 Report a problem
        11/25/2024Listed for sale$643,999-0.2%$236/sqft
        Source: Stellar MLS #C7500128 Report a problem
        8/22/2024Listing removed$645,000$236/sqft
        Source: Stellar MLS #C7486497 Report a problem
        2/19/2024Price change$645,000-3.7%$236/sqft
        Source: Stellar MLS #C7486497 Report a problem
        1/18/2024Listed for sale$669,900$246/sqft
        Source: Stellar MLS #C7486497 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,208 +488.3%$493,904 +540.3%
        2024$1,395 +11.6%$77,138 +10%
        2023$1,250 +14.4%$70,125 +10%
        2022$1,093 +37.7%$63,750 +87.5%
        2021$793 $34,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33950

        Getting around

        31 / 100
        Car-Dependent
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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