$599,000

Estimated payment $3,396/month

Total Views 1,401
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • High Impact Windows
  • Concrete Block With Brick
  • Patio
  • Sallie Jones Elementary School Rated A-
  • Courtyard
  • Tile Flooring

About This Home

Brand-New Duplex at 174 Madrid Blvd – Move-In Ready & Full of Potential!

Be the first to own this newly completed 2024 duplex, perfectly designed for modern living or investment. Featuring two units, each with 3 bedrooms and 2 bathrooms, this property offers a combined 6 bedrooms, 4 bathrooms, and 2,746 square feet of total living space.

Both units are vacant and ready for immediate occupancy – ideal for live in one side, rent the other, long-term rentals, or short-term investment strategies. The private screened lanais provide a peaceful retreat and add a desirable feature for tenants or owners alike.

Located in a fast-growing area with strong rental demand, this is a rare opportunity to own a turnkey duplex with low-maintenance appeal.

Opportunity is knocking at 174 Madrid Blvd! Schedule your private tour today

Listing Agent

Alberto Tinedo

Xclusive Homes LLC License #NAPLES-249529884 Listed on: 06/23/2025

Xclusive Homes LLC

Co-Listing Agent

Gabriella Lagrasta

Xclusive Homes LLC License #NAPLES-249531746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,395

Year Built

  • Built in 2024

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions: 95

Home Design

  • Duplex
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • Ceiling Fan
  • Tile Flooring
  • High Impact Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 412320404013
  • Tax Block 228

Community Details

Overview

  • 2 Units
  • Punta Gorda Isles Condos
  • Punta Gorda Isles Community

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $1,000
  • Net Operating Income $47,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,395

Year Built

Built in 2024

Lot Details

0

Listing Details

  • Legal Description: PGI 015 0228 0004 PUNTA GORDA ISLES SEC15 BLK228 LT4 682/127-128 726/877 PR99-1054 1741/1014-28 1776/1753 1782/1795 4790/2028 4790/2029
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.891638$-82.027272$272.84$13.33$1.00$ijo4u7s9AfHuJWnXttqNVQ
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 2024
  • Property Information: Brand-New Duplex at 174 Madrid Blvd – Move-In Ready & Full of Potential! Be the first to own this newly completed 2024 duplex, perfectly designed for modern living or investment. Featuring two units, each with 3 bedrooms and 2 bathrooms, this property offers a combined 6 bedrooms, 4 bathrooms, and 2,746 square feet of total living space. Both units are vacant and ready for immediate occupancy – ideal for live in one side, rent the other, long-term rentals, or short-term investment strategies. The private screened lanais provide a peaceful retreat and add a desirable feature for tenants or owners alike. Located in a fast-growing area with strong rental demand, this is a rare opportunity to own a turnkey duplex with low-maintenance appeal. Opportunity is knocking at 174 Madrid Blvd! Schedule your private tour today
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Flooring: Tile
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Courtyard, Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: With Approval
  • Development: Punta Gorda Isles
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: PUNTA GORDA ISLES
  • Development Name: PUNTA GORDA ISLES

Lot Info

  • Lot Back: 95
  • Lot Frontage: 95
  • Lot Left: 150
  • Lot Right: 150
  • Section: 20
  • Waterfront: No
  • Zoning Code: GM-15
  • Acres: 0.3271
  • Lot Description: Other, Oversize
  • Lot Dimensions: 95 X 150
  • Parcel Number: 412320404013

Rental Info

  • Tenant Pays: Application Fee, Cleaning Fee, Credit Application

Tax Info

  • Tax Description: No Homestead
  • Taxes: 1395.09
  • Tax Year: 2024

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 3950.00
  • Annual Expenses: 1000.00
  • Annual Net Operating Income: 47400.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $1,525 $93,500 $93,500 --
2023 $1,525 $78,625 $78,625 $0
2022 $1,328 $63,750 $63,750 $0
2021 $793 $34,000 $34,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $599,000 -- --
Source: Naples Area Board of REALTORS®

Mortgage History

Date Status Loan Amount Loan Type
Closed $400,000 New Conventional
Source: Public Records

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Source: Naples Area Board of REALTORS®

MLS Number: 225055785

Naples Area Board of REALTORS®

APN: 412320404013