1042 Malay Ter NW, Pt Charlotte, FL, 33948
About This Home
Welcome to this beautifully updated 2-bedroom home tucked away in a quiet Port Charlotte neighborhood, offering modern updates, peace of mind, and room to enjoy the Florida lifestyle. Major improvements have already been completed, including a new shingle roof (2021), updated central A/C and heating system, and a brand-new hot water heater (2025). Fresh interior and exterior paint along with new flooring throughout create a bright, clean, and modern living space ready for its next owner. Step outside to a spacious backyard with endless possibilities—perfect for adding a pool, creating a garden oasis, or designing an outdoor entertaining area. With no HOA restrictions, there is plenty of room to park a boat, trailer, or RV, making it ideal for those who want flexibility and freedom. Located in Flood Zone X (no flood insurance required) and just minutes from shopping, dining, golf courses, medical facilities, marinas, and the Gulf beaches, this home offers convenience, comfort, and strong value. Whether you're searching for a primary residence, seasonal getaway, or investment opportunity, this property checks all the boxes.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Oven,Dishwasher,Disposal,Electric Water Heater,Ice Maker,Microwave,Refrigerator,Washer
- Laundry features: In Garage
Bathroom1
- Features: Linen Closet
- Level: First
Bedroom1
- Features: Built-in Closet
- Level: First
- Area: 110
- Dimensions: 11x10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- Ceiling Fan(s),Kitchen/Family Room Combo
- Door features: Sliding Doors
- Window features: Hurricane Shutters,Shutters
- Flooring: Laminate
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,056
- Total interior livable area: 1,370 sqft
Kitchen
- Features: Storage Closet
- Level: First
Living Room
- Level: First
- Area: 255
- Dimensions: 17x15
Primary Bathroom
- Features: Linen Closet
- Level: First
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 168
- Dimensions: 14x12
Property
Details
- Parcel number: 402217252020
- Zoning: RSF3.5
- Special condition: None
Features
- Levels: One
- Stories: 1
- Exterior features: Awning(s),Irrigation System,Private Mailbox,Rain Gutters,Storage
Lot
- Lot size: 10,000 sqft
- Lot size dimensions: 80 x 125
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Coastal Flooding
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Charlotte County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $295 | $3,540 |
| Property Taxes | $276 | $3,312 |
| Electricity | $197 | $2,366 |
| Total | $2,032 | $24,384 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-01-05 | Price change | $284,900 |
| 2025-11-11 | Price change | $299,999 |
| 2025-07-30 | Listed for sale | $310,000 |
| 2021-08-02 | Sold | $217,000 |
| 2021-06-22 | Pending sale | $199,900 |
| 2021-06-17 | Listed for sale | $199,900 |
| 2008-04-28 | Sold | $115,000 |
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