1042 Malay Terrace Nw

PORT CHARLOTTE, FL
$ 249,900 Beds 2 Baths 2 Sq 1,370 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome home to your perfect Sunshine State retreat at 1042 Malay Terrace NW in Port Charlotte, Florida. This beautifully updated, move-in-ready gem features 2 bedrooms, 2 bathrooms, and 1,370 square feet of comfortable living space. Whether you are searching for a full-time residence, a sunny winter getaway, or a smart investment property, this bright and inviting home is prepared for immediate enjoyment from the moment you step inside. Say goodbye to unexpected maintenance projects. This 1983-built home has been thoughtfully modernized for total peace of mind. Recent upgrades include a brand new water heater installed in 2025 and a new shingle roof from 2021. The home also boasts fresh interior and exterior paint, as well as beautiful new flooring throughout the entire space to create a clean, modern aesthetic. One of the most desirable aspects of this property is the freedom it offers. With no HOA fees and no deed restrictions, you can easily park your boat, RV, or trailer right on your own property. Step outside to discover the oversized 0.23-acre backyard, which provides endless possibilities and plenty of room to add a custom pool, build an outdoor kitchen, or design your own private tropical oasis. Plus, the home is located in highly sought-after Flood Zone X, meaning there is typically no lender-required flood insurance. Situated in a highly convenient Port Charlotte neighborhood, you are just minutes away from local shopping, dining, everyday conveniences, and medical facilities. For those looking to embrace the Florida lifestyle, you will enjoy incredibly close proximity to top-rated golf courses, marinas, world-class fishing, and some of Southwest Florida's most beautiful Gulf beaches. Do not miss out on this incredible opportunity to own an updated, restriction-free home in an unbeatable location at an affordable price.

Active

  • Price
  • $ 249,900
  • City
  • PORT CHARLOTTE
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • Charlotte
  • Half Bathrooms
  • 0
  • Area
  • Port Charlotte
  • Lot Size
  • 0.23 Acres
  • Zip
  • 33948
  • Sqr Footage
  • 1,370
  • Year Built
  • 1983
  • Taxes
  • $ 1338
  • Style
  • Traditional
  • MLS#
  • D6147954
Listed By: PARADISE EXCLUSIVE REAL ESTATE with 941-698-0303. - 941-698-0303
Data Source: Stellar MLS

Features

General

Sewer Septic Tank
Heating Central,Electric
Cooling Central Air,Wall/Window Unit(s)
Utilities Electricity Connected,Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher,Disposal,Range,Refrigerator
Zoning RSF3.5
Garage Spaces 2
Architectural Style Traditional
Construction Materials Block,Wood Siding
Pets Allowed Cats OK,Dogs OK
Year Built 1983
View City
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Charlotte
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name PORT CHARLOTTE SEC 023
Facing Direction Northwest
Garage Y/N true
Total Rooms 3
Full Baths 2
Status Active
Directions From Englewood on SR 776, turn right onto US 41. Turn right onto Cochran Blvd. Turn left at stoplight for Lake View Blvd, turn left onto Malay Terrace NW. 1042 will be on the left hand side.
High School Port Charlotte High
City PORT CHARLOTTE
Senior Community Y/N false
MLS Area 33948 - Port Charlotte
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Y/N false
Listing Terms Assumable,Cash,Conventional,FHA,VA Loan
Elementary School Meadow Park Elementary
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1338.17
Middle/Junior High School Murdock Middle
Property Condition Completed
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 8
Legal Description PCH 023 0405 0008 PORT CHARLOTTE SEC23 BLK405 LT 8 205/392 DC498/630 613/12 738/683 754/634 POA1157/296-307DC1205/599 L/E1637/1576 DC3283/2087-EGS 3283/2088 4815/445 UNRECDC- JWL
Minimum Lease No Minimum
Water Access Y/N false
Additional Rooms Florida Room
Water View Y/N false
Flood Zone Code X500
In Law Suite YN false
Flood Zone Code X500 Yes
DockY/N false

Interior Features

Interior Amenities Split Bedroom,Thermostat,Walk-In Closet(s),Window Treatments
Flooring Ceramic Tile,Laminate
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Aluminum Frames,Blinds
Fireplace Y/N false
Laundry Features Electric Dryer Hookup,In Garage,Washer Hookup
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 2

Exterior Features

Exterior Amenities Awning(s),Sliding Doors
Fencing Wood
Lot Features In County,Level
Water Source None
Lot Size Area 10000
Foundation Details Slab
Spa false
Building Area Total 2056
Lot Dimensions 80 x 125
Lot Size Acres 0.23
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
Covered Spaces 2
Road Frontage Type Street Paved
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Cape Coral, FL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Meadow Park Elementary Elementary School
Middle School Murdock Middle Middle School
High School Port Charlotte High High School

Price History

7/8/2026 Listed $250,000
8/17/2026 Listed $249,900

Property vs Zip Code Average in 33948

Price
AVG $370K
$250K
Taxes
AVG $3,492
$1,338
Year Built
AVG 1997
1983

1042 Malay Terrace Nw PORT CHARLOTTE, FL is a Single Family Home for sale at $249900 with 1370 sqft and a lot size of 0.23 Acres Acre(s). 1042 Malay Terrace Nw PORT CHARLOTTE has 2 bedrooms, 2 baths and was built in 1983. The property's zip code is 33948 which is in PORT CHARLOTTE, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.