PUNTA GORDA, FL 33950 180 MADRID BOULEVARD
$578,000



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Presented By: WILLIAM MORGAN REAL ESTATE LLC with 208-794-7630. - 208-794-7630
Home Details
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.
Presented By: WILLIAM MORGAN REAL ESTATE LLC with 208-794-7630. - 208-794-7630
Interior Features for 180 MADRID BOULEVARD
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceBuilder
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeiling Fan(s), High Ceilings, Thermostat, Walk-In Closet(s)
Laundry FeaturesLaundry Room
General for 180 MADRID BOULEVARD
Additional Parcels Y/NNo
Attached Garage Yes
Building Area UnitsSquare Feet
Carport Y/NNo
CityPUNTA GORDA
Construction MaterialsStucco
CoolingCentral Air
CountyCharlotte
DirectionsFrom 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.
Flood Zone CodeAE
Garage Spaces2
Garage Y/NYes
Gross Income49200
HeatingElectric
Land Lease Y/NNo
Legal DescriptionPGI 015 0228 0005 PUNTA GORDA ISLES SEC15 BLK228 LT5 682/127-128 726/877 PR99-1054 1741/1014-28 1776/1753 1782/1795 4790/2028 4790/2029
Living Area UnitsSquare Feet
Lot Size Square Feet14865
Lot Size UnitsSquare Feet
MLS Area33950 - Punta Gorda
New ConstructionNo
OwnershipFee Simple
Property SubtypeDuplex
Property TypeResidential Income
RoofTile
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NamePUNTA GORDA ISLES
Tax Annual Amount8207.94
Tax Lot5
Tax Year2025
Tenant PaysElectricity, Sewer, Trash Collection, Water
Total Actual Rent4100
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built2024
ZoningGM-15
Exterior for 180 MADRID BOULEVARD
Covered Spaces2
Exterior AmenitiesCourtyard, Irrigation System
Foundation DetailsStem Wall
Lot Size Acres0.34
Lot Size Area14865
Number of Buildings1
Private PoolNo
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Maria Bello
Realtor
SQFT • 2,728