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1125 MARLIN DRIVE
About This Property
Set on a beautiful corner lot with direct Gulf access, this home captures the essence of relaxed Southwest Florida living. Imagine mornings spent sipping coffee on the back patio as the sun glistens across the canal, or easy afternoons boating, kayaking, or fishing right from your own private dock. With 9 feet of elevation, peace of mind comes naturally - and with a new A/C system (2024) and a roof replaced in 2016, so does easy ownership.
Step inside to find a bright and welcoming interior designed with that unmistakable coastal feel - open, breezy, and full of natural light. The main living area flows comfortably into the dining space and kitchen, creating a cozy yet functional layout ideal for everyday living or relaxed entertaining. Large windows bring the outside in, offering tranquil water views that remind you why you chose to live by the coast.
Both bedrooms are well sized, offering comfort and privacy for owners and guests alike. The primary suite features its own en-suite bath, while the guest bedroom enjoys easy access to a full bath, making this home perfect for seasonal visitors or year-round living.
Outside, you'll find the heart of Florida living - gentle breezes, lush tropical surroundings, and sparkling water just steps from your door. Whether you're grilling on the patio, tending to a small garden, or setting out for a sunset cruise, this property invites you to slow down and enjoy the simple pleasures of life on the water.
Located just minutes from downtown Punta Gorda, residents enjoy quick access to waterfront dining, boutique shopping, and year-round community events - all while returning home to a quiet and peaceful neighborhood that feels worlds away from it all.
1125 Marlin Drive offers that rare combination of old Florida charm and modern comfort - a quaint waterfront retreat designed for those who love sunshine, salt air, and an easygoing lifestyle. Whether you're seeking a seasonal escape or your forever home, this Punta Gorda gem is ready to welcome you.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2026 | Price Decreased |
$249,999
↓ $18K
(6.5%) | |
| Price Decreased | |||
| Dec 12, 2025 | Price Decreased |
$267,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by GRANT TEAM REAL ESTATE, LLC | $269,999 | |
| Listed by GRANT TEAM REAL ESTATE, LLC | |||
| May 29, 2003 | Sold | ||
| Sold | |||
| Apr 1, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017