Located in the highly sought-after Deep Creek community of Punta Gorda, this well-maintained, fully occupied duplex at 1061 Nomad Rd presents an outstanding investment opportunity for both seasoned investors and owner-occupants looking for immediate cash flow. Situated within a desirable school district, this income-producing property offers the perfect blend of location and value. With both sides currently rented, it delivers immediate, reliable revenue from day one. Each unit features a spacious 2-bedroom, 2-bathroom layout with approximately 1,065 square feet of living space, complete with central air, updated interiors, and functional floor plans designed for comfortable living. Additional tenant-pleasing highlights include private lanais, in-unit laundry hookups, and attached garage spaces. Whether you choose to keep both sides leased for maximum rental yields or eventually transition to a house-hacking strategy by living in one side while the tenant helps pay your mortgage, this property offers incredible long-term flexibility. Located just minutes from I-75, shopping, dining, and local amenities, it provides ultimate convenience in a quiet residential setting. Don’t miss out on this exceptional turnkey duplex—ideal for building equity, generating strong rental income, and securing your piece of Southwest Florida real estate!
Deep Creek, located between I-75 and the Peace River, is a master-planned and residential Harbour Heights neighborhood with winding freshwater canals and golf-course greens. The neighborhood’s character concentrates around Deep Creek Boulevard near the Deep Creek Golf Club, where morning tee times, walkers, and clubhouse chatter set the pace. Streets of deed-restricted homes mix late-20th-century Florida ranches with newer builds, many oriented to water views and screened lanais. Canal edges and pocket preserves shape a quiet, outdoors-forward routine. For local staples, Deep Creek Golf Club, Nav-A-Gator Grill, and the Military Heritage Museum anchor nearby outings. US-41 corridors add practical errands without changing the calm, inland-coastal feel.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Living room and dining room combo
Bedrooms
Four bedrooms total
Bathrooms
Four total bathrooms (two 2-bath units)
Kitchen
No kitchen appliance details provided
Laundry & utility
Laundry located inside
Heating & cooling
Central heating
Central air conditioning
Exterior features
Enclosed and screened patio/porch
Sidewalks
Asphalt road access
Publicly maintained road
Home design
Duplex (residential income property)
Single building (one building)
Property completed and occupied as-is
Zoning: RMF15
Parking
Attached garage with 2 garage spaces
Construction
Block construction
Metal roof
Slab foundation
Built area information provided
Utilities
Public water
Public sewer
Electricity connected
Water connected
Sewer connected
Broadband/high-speed internet available
HOA & community
Has HOA (Deep Creek Section 23 Property Owners Association) with required annual association fee of $175 (about $14.58/month)
Pets allowed: cats and dogs
Financial info
Property listed as residential income (duplex) with two 2-bedroom/2-bath units
Pro forma rent listed at $1,500 per unit
Annual net income reported
Net lease terms; tenants pay electricity and water
Electricity and solar
View estimated energy costs and solar savings for this home
4 bedroom 4 baths total INCLUDING BOTH UNITS. Immaculate move-in condition DUPLEX Located in the most desirable Deep Creek community, this area already has city water & sewer, NOT Located in a flood zone. Both units are rented so you have INSTANT INCOME, one of the tenants is mont-month. Centrally located, close to all your shopping needs, super easy access to I-75. Beach is 30 minutes away.
Stellar MLS as Distributed by MLS Grid #C7448162
Oct 22, 2021
Sold
$355,000
$167/sq ft
Sep 6, 2021
Pending
—
Aug 30, 2021
Listed
$359,900
$169/sq ft
4 bedroom 4 baths total INCLUDING BOTH UNITS. Immaculate move-in condition DUPLEX Located in the most desirable Deep Creek community, this area already has city water & sewer, NOT Located in a flood zone. Both units are rented so you have INSTANT INCOME, one of the tenants is mont-month. Centrally located, close to all your shopping needs, super easy access to I-75. Beach is 30 minutes away.
The purpose and intent of this district is to offer low- or high-density residential with emphasis on multifamily use.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Communications tower
Housing-Mobile home park
Park & open space
Jul 10, 2023 • Final
Residential roofing
Install a new metal roof over existing shingles.
Roofing
Apr 25, 2011 • Final
Residential mechanical
Replace two condensing units on a residential building.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 107° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Punta Gorda, FL • 33983
Average low and high temperatures (°F)
73
49
78
54
82
58
86
64
91
71
92
73
91
75
90
76
90
74
86
69
82
59
77
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Punta Gorda. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1061+1065 Nomad Rd
$393,766
$26K under list price of $420K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $500K.