$455,000
SOLD FEB 25, 2025
5 Beds
4 Baths
2,681 Sq Ft
10,014 Sq Ft Lot

Recently Sold

$170 Per Sq Ft

4% Below List Price

483 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Family Room Off Kitchen
  • Eat-In Kitchen
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of February 2025

*Huge price decrease!* Welcome to your slice of paradise in the heart of Punta Gorda, Florida! This property offers a unique opportunity to purchase two units with separate parcel ID’s, allowing you to live in one while renting out the other, or to sell individually later on. This charming retreat at 1130/1136 Oceanic Rd is a dream come true for those seeking a tranquil and picturesque lifestyle. Nestled on a spacious lot, this home offers a unique blend of comfort, convenience, and natural beauty. Step inside to discover an inviting open-concept living area with plenty of natural light. The living room, dining area, and kitchen flow seamlessly, making it perfect for entertaining family and friends. The well-appointed kitchen boasts granite countertops, stainless steel appliances, ample cabinet space, and a convenient breakfast bar for quick meals. The spacious master suite offers a walk-in closet and an en-suite bathroom with dual sinks and a walk-in shower. Additional guest bedrooms provide comfortable accommodations for guests or family members. The split floor plan ensures privacy for all. Step out onto the expansive screened lanai and experience Florida living at its best. The attached one-car garage offers ample storage space for your vehicles and outdoor equipment. This home is conveniently located near shopping, dining, parks, and the historic downtown Punta Gorda area, known for its charming streets, waterfront dining, and cultural events. Boating enthusiasts will appreciate the quick access to Charlotte Harbor and the Gulf of Mexico, perfect for fishing, sailing, and exploring nearby islands. Don't miss the opportunity to own your own piece of Florida paradise!

Last Agent to Sell the Property

Ashley Simonelli

THE SIMONELLI REALESTATE GROUP Brokerage Phone: 239-223-2116 License #3231500 Listed on: 10/09/2023

Last Buyer's Agent

Cheryl Wood

MARINA PARK REALTY LLC License #3344706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 2018

Lot Details

  • 10,014 Sq Ft Lot
  • Additional Parcels

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,681 Sq Ft Home
  • Family Room Off Kitchen
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • Deep Creek Association
  • Punta Gorda Isles Community
  • Punta Gorda Isles Sec 23 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,612

Year Built

Built in 2018

Lot Details

0

HOA Fees

$14 per month

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2681
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2018
  • Lot Size Sq Ft: 10014
  • Number Of Lots: 2
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Cape Coral
  • Escrow State: FL
  • Escrow Street Name: Cape Coral Pkwy E
  • RATIO Current Price By Calculate: 169.71
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 239-223-2116
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Living Area Meters: 249.07

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association Name: Deep Creek
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 165.00
  • Total Monthly Fees: 13.75
  • Monthly HOA Amount: 13.75

Lot Info

  • Zoning: RMF15
  • Parcel Number: 402309277002
  • Additional Parcels: Yes
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3611.86
  • Tax Block: 654
  • Tax Book Number: 12-2
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Feb 21, 2025
Sold by
Magnify Real Estate Borrower Spv I Llc
Bought by
Degenova Paul C and Mlynek Daniel
Seller's Agent
Ashley Simonelli
THE SIMONELLI REALESTATE GROUP
Buyer's Agent
Cheryl Wood
MARINA PARK REALTY LLC
List Price
$474,900
Sold Price
$455,000
Premium/Discount to List
-$19,900
-4.19%
Views
90
Current Estimated Value
$445,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,548
Avg. Annual Appreciation
-2.41%

Purchase Details

Closed on
Oct 25, 2019
Sold by
Magnify Capital Real Estate Fund Lp
Bought by
Magnify Real Estate Borrower Spv I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 28, 2018
Sold by
Maronda Homes Inc
Bought by
Magnify Capital Real Estate Fund Lp
Seller's Agent
Jay Garick
ADNORAM REALTY
Buyer's Agent
Jay Garick
ADNORAM REALTY
List Price
$186,000
Sold Price
$186,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
Mar 1, 2017
Bought by
Maronda Homes Inc Of Florida

Purchase Details

Closed on
Jul 28, 2014
Sold by
Cb Florida Cre Holdings Llc
Bought by
Donie Edward M and Donie Amy L

Purchase Details

Closed on
Apr 7, 2010
Sold by
Soto Louis and Soto Ileana
Bought by
Cb Florida Cre Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 Omega National Title
Special Warranty Deed -- Os National Llc
Special Warranty Deed $186,000 Steel City Title Inc
Special Warranty Deed $181,000 Steel City Title Inc
Deed $24,000 --
Special Warranty Deed $14,300 Attorney
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,000,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2025 02/25/25 Sold $455,000 -2.1% $170 / Sq Ft
02/04/2025 02/04/25 Pending -- -- --
01/17/2025 01/17/25 Price Changed $464,900 -1.1% $173 / Sq Ft
01/03/2025 01/03/25 Price Changed $469,900 -1.1% $175 / Sq Ft
12/13/2024 12/13/24 For Sale $474,900 0.0% $177 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $474,900 -2.1% $177 / Sq Ft
09/20/2024 09/20/24 Price Changed $484,900 -2.0% $181 / Sq Ft
09/04/2024 09/04/24 Price Changed $494,900 -1.0% $185 / Sq Ft
08/09/2024 08/09/24 Price Changed $499,900 -2.0% $186 / Sq Ft
07/26/2024 07/26/24 Price Changed $509,900 -1.9% $190 / Sq Ft
07/13/2024 07/13/24 Price Changed $519,900 -1.9% $194 / Sq Ft
05/17/2024 05/17/24 Price Changed $529,900 -1.4% $198 / Sq Ft
05/03/2024 05/03/24 Price Changed $537,500 -1.4% $200 / Sq Ft
04/19/2024 04/19/24 Price Changed $544,900 -0.9% $203 / Sq Ft
04/05/2024 04/05/24 Price Changed $549,900 -4.3% $205 / Sq Ft
03/25/2024 03/25/24 Price Changed $574,900 -4.2% $214 / Sq Ft
03/06/2024 03/06/24 Price Changed $599,900 -4.0% $224 / Sq Ft
02/01/2024 02/01/24 Price Changed $624,900 -1.6% $233 / Sq Ft
12/14/2023 12/14/23 Price Changed $634,900 -2.3% $237 / Sq Ft
10/09/2023 10/09/23 For Sale $649,900 0.0% $242 / Sq Ft
05/17/2021 05/17/21 Rented $1,549 0.0% --
04/07/2021 04/07/21 Price Changed $1,549 +6.9% $1 / Sq Ft
04/01/2021 04/01/21 For Rent $1,449 0.0% --
09/28/2018 09/28/18 Sold $186,000 0.0% $131 / Sq Ft View Prior Sale
08/27/2018 08/27/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $186,000 -- $131 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,023 $218,578 $22,950 $195,628
2024 $3,942 $218,578 $25,500 $193,078
2023 $3,942 $178,016 $0 $0
2022 $3,612 $212,242 $21,675 $190,567
2021 $3,133 $147,121 $10,965 $136,156
2020 $3,118 $147,112 $10,965 $136,147
2019 $3,030 $143,883 $10,965 $132,918
2018 $563 $11,900 $11,900 $0
2017 $471 $9,044 $9,044 $0
2016 $869 $7,293 $0 $0
2015 $826 $6,630 $0 $0
2014 $562 $6,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7481721

Stellar MLS

APN: 402309277002