Listing provided courtesy of RE/MAX PALM REALTY OF VENICEas Distributed by MLSGrid- MLS# MFRD6143138MLS Provider

1042 MALAY TERRACE NWPORT CHARLOTTE, FL 33948

Single Family · 2 Beds · 2 Full Baths · 1,370 Sq. ft. | 0.23 Acres
$279,900 Active

1042 MALAY TERRACE NW Overview

Time on Site:
335 days
Visits:
2

MOVE-IN READY and AVAILABLE FOR ANNUAL RENTAL WHILE FOR SALE! This beautifully updated 2-bedroom home offers the perfect combination of affordability, flexibility, and Florida living. Recent improvements provide peace of mind, including a new shingle roof (2021), updated central A/C and heating system, new water heater (2025), fresh interior and exterior paint, and new flooring throughout. Inside, you'll find a bright, clean, and inviting living space that is truly move-in ready. Whether you're looking for a full-time residence, winter retreat, or investment property, this home is ready for immediate enjoyment. The oversized backyard offers endless possibilities with plenty of room to add a pool, outdoor kitchen, firepit area, or create your own private tropical oasis. With NO HOA and NO deed restrictions, you'll have the freedom to park your boat, RV, trailer, or other recreational vehicles right on your property. Located in desirable Flood Zone X (typically no lender-required flood insurance), this home is conveniently situated near shopping, restaurants, golf courses, medical facilities, parks, marinas, boating, fishing, and some of Southwest Florida's most beautiful Gulf beaches. Bonus Opportunity: The property is also available for annual rental while actively listed for sale, providing flexibility for buyers, investors, or those looking to relocate to Florida before purchasing. Don't miss this opportunity to own an updated home with room to grow, no HOA restrictions, and an excellent location at an affordable price. Schedule your private showing today!

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1042 MALAY TERRACE NW Facts & Features

  • Type Single Family
  • Sq. ft. 1,370
  • Price/Sq.ft. $204
  • Lot 0.23 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Meadow Park Elementary
  • Middle Or Junior School: Murdock Middle
  • High School: Port Charlotte High

Building Information

  • New Construction: No
  • Year Built: 1983

Location/Region

  • Country: US
  • County Or Parish: Charlotte
  • MLS Area Major: 33948 - Port Charlotte
  • Subdivision Name: PORT CHARLOTTE SEC 023
  • Township: 40S

Tax Information

  • Tax Annual Amount: 1312.55
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 402217252020
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RSF3.5

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2056
  • Building Area Units: Square Feet

General Information

  • Appliances: Built-In Oven,Dishwasher,Disposal,Electric Water Heater,Ice Maker,Microwave,Refrigerator,Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Laminate
  • Foundation Details: Slab
  • Heating: Electric
  • Interior Features: Ceiling Fans(s),Kitchen/Family Room Combo
  • Laundry Features: In Garage
  • Levels: One
  • Living Area: 1370
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment
  • Stories Total: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: 80x125
  • Lot Size Square Feet: 10000
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Block
  • Direction Faces: Southeast
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Awning(s),Hurricane Shutters,Private Mailbox,Rain Gutters,Shade Shutter(s),Sliding Doors,Storage
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected

Room Information

Room: Bathroom 1

  • Level: First

Room: Bedroom 1

  • Level: First
  • Dimensions: 11x10
  • Length: 10
  • Width: 11

Room: Kitchen

  • Level: First

Room: Living Room

  • Level: First
  • Dimensions: 17x15
  • Length: 15
  • Width: 17

Room: Primary Bathroom

  • Level: First

Room: Primary Bedroom

  • Level: First
  • Dimensions: 14x12
  • Length: 12
  • Width: 14

1042 MALAY TERRACE NW Neighborhood

Community

33948 (Port Charlotte) Demographics

60
Median Age
1,269
Population Density (per sq. mile)
29%
College Educated
$50,391
Estimated Median Income
6,150
Estimated Total Home Owners
1,165
Estimated Total Renters
84% / 16%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1042 MALAY TERRACE NW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1042 MALAY TERRACE NW Market Data

Based on the last 30 days in this zip code

$374,406
Average List Price
$229
Average Price per Square Foot
33
Properties Sold
129
Average Days on Market
317
Properties for Sale
Calculations provided by Reliance Network

1042 MALAY TERRACE NW History

Date Event Value Agent
6/4/2026Source: My Florida Regional MLS Price Reduction
$279,900 -1.8%
1/5/2026Source: My Florida Regional MLS Price Reduction
$284,900 -5.0%
11/11/2025Source: My Florida Regional MLS Price Reduction
$299,999 -3.2%
7/31/2025Source: My Florida Regional MLS Added to Database
July 30, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022