Property
ActiveResidential
1/24
$578,000

180 MADRID BOULEVARD

Punta Gorda, FL 33950
6
Beds
4
Baths
2,728
SqFt
0.34
Acres
STELLAR
#C7526414
Updated: May 21, 2026, 9:38am

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.
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Property Details

Interior
Cooling
Central Air
Heating
Electric
Interior Features
Ceiling Fan(s)High CeilingsThermostatWalk-In Closet(s)
Laundry Features
Laundry Room
Living Area
2728
Construction
Building Area Units
Square Feet
Construction Materials
Stucco
Foundation Details
Stem Wall
Living Area Source
Builder
Living Area Units
Square Feet
Roof
Tile
Year Built
2024
Site & Exterior
Covered Spaces
2
Exterior Features
CourtyardIrrigation System
Flood Zone Code
AE
Garage Spaces
2
I D X Participation
Yes
Lot Size Acres
0.34
Lot Size Area
14865
Lot Size Square Feet
14865
Lot Size Units
Square Feet
Public Survey Range
23E
Public Survey Section
20
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity ConnectedSewer ConnectedWater Connected
Water Source
Public
Zoning
GM-15
Financials
Calculated List Price By Calculated Sq Ft
211.88
Contract Status Change Date
2026-05-20
Current Price
578000
Feed Types
BBO
Owner Name
LEWIS MAGUIRE HOMES LLC
Ownership
Fee Simple
Parcel Number
412320404014
Public Survey Township
41S
Tax Annual Amount
8207.94
Tax Block
228
Tax Legal Description
PGI 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
Tax Lot
5
Tax Year
2025
Total Actual Rent
4100

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33950 - Punta Gorda
S W Subdiv Community Name
Burnt Store Isles
Subdivision Name
PUNTA GORDA ISLES
Listing provided courtesy of STELLAR via IDX. Updated: May 21, 2026, 9:38am.
Bill Morgan

Listing Agent

WILLIAM MORGAN REAL ESTATE LLC

Call Agent