393 MALPELO AVENUE, PUNTA GORDA, FL, 33983
Active Under Contract7 days on marketListed Oct 24, 2026MLS #C7531441
About this home
393 MALPELO AVENUE
Under contract-accepting backup offers. Welcome to 393 Malpelo Avenue, a beautifully maintained 3-bedroom, 3-bath pool home with a 2-car garage, located on a quiet street in Punta Gorda’s desirable Deep Creek Section 20 community. Stellar curb appeal with an additional wooded lot available providing extra privacy, spacious living areas, and a wonderful outdoor entertaining space, this home offers the comfort, flexibility, and the Florida lifestyle you’ve been looking for. From the moment you arrive, you’ll appreciate the attractive landscaping, brick-paver courtyard, screened entry, and welcoming French doors. Inside, vaulted ceilings and abundant natural light create an open, comfortable atmosphere. The unique and thoughtfully designed floor plan features a formal living room, separate family room, dining area, a spacious kitchen, and an eat-in breakfast room, giving everyone plenty of room to gather or enjoy their own space. Five hurricane rated sliding glass doors, including two pocket sliders, provide easy access to the covered lanai and pool area, bringing indoor and outdoor living together. The kitchen features granite countertops, tiled backsplash, wood cabinetry, stainless steel appliances, a pantry, and plenty of room for everyday cooking and entertaining. Tile flooring throughout the main living areas, tall baseboards, updated lighting, and Hunter ceiling fans add to the home’s appeal. The generously sized primary suite offers plenty of room for a sitting area, two walk-in closets, and a private bathroom featuring granite countertops, a soaking tub, separate walk-in shower, and skylight. Two additional bedrooms provide comfortable space for guests, family, or a home office, with one offering direct access to the pool area. Serenity of outdoor living is where this home really shines. The expansive covered lanai offers plenty of space for dining, entertaining, or simply relaxing beside the PebbleTec saltwater pool. A convenient pool bath, Lanai PRIVACY SCREENING, and fenced backyard make the space as functional as it is enjoyable. The adjoining wooded lot (available for purchase), adds another level of privacy and gives the property a sense of openness that’s difficult to find. A Wi-Fi-enabled variable-speed pool pump and pool lighting provide added convenience. Beyond its inviting layout and outdoor living space, this home offers an impressive list of improvements, including a NEW ROOF (2023), HVAC (2020), Whole Home hurricane-impact windows (2024), PebbleTec pool resurfacing (2024), New pool cage (2024), exterior painting (2024), water heater (2025), and updated pool equipment (2026). Hurricane-rated exterior doors and an installed security 6 camera system offer additional practical benefits. Built in 1989, this home combines the spacious floor plan and character of an established Florida residence with many of the important updates buyers appreciate today. Conveniently located near I-75, PUNTA GORDA AIRPORT, SunSeeker Resort, shopping, restaurants, golf courses, and everyday amenities, you’re also just a short drive from historic downtown Punta Gorda, Fishermen’s Village, Charlotte Harbor, and all the recreation Southwest Florida has to offer. What makes 393 Malpelo Avenue special isn’t just what’s inside the home. It’s the space, privacy, and opportunity to enjoy Florida living both indoors and out. This Deep Creek home wont last. Come see it for yourself. Schedule your private showing today!
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
2,323
Sqft
0.22 ac
Lot size
2
Garage
1989
Year built
One
Levels
$202
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$3,942 /mo · 3.5% down FHA, 30-yr fixed at 7.5%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,942/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Can I afford this home? → See what you can comfortably afford from your income, debts and savings.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−9.9%
$/sqft vs PUNTA GORDA ISLES SEC 20
$202 vs $192
Days on market
7 vs 65 typical
Where $202/sqft sits among the 42 homes for sale in PUNTA GORDA ISLES SEC 20
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Deep Creek
Get to know Punta Gorda. See the full Punta Gorda guide →
Deep Creek — neighborhood snapshot
Population
13,143
Median age
55
Median income
$64,635
Median home value
$354,360
Avg household
2
Households w/ children
1,066
For the school run
Charlotte County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Punta Gorda market
$325K → $340K
Punta Gorda median sold, yr/yr
95.3%
Sale-to-list ratio (12 mo)
21 of 42
PUNTA GORDA ISLES SEC 20 have cut their price
Median sold price, Punta Gorda, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 453% above the PUNTA GORDA 33983 median. See the full Punta Gorda market guide →
Paper trail
This home's history
Reality check
What actually sold near 393 MALPELO AVENUE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$500,000
26176 ARGENTINA DRIVE · same community
3 bd · 2 ba · 2,322 sqft · $215/sqft · 73 DOM
Sold · Nov ’25$319,500
80 RIO CUARTO STREET · same community
3 bd · 3 ba · 2,317 sqft · $138/sqft · 47 DOM
Sold · Mar ’26$330,000
27519 PASTO DRIVE · same community
3 bd · 2 ba · 2,339 sqft · $141/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Arbel Joseph
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 393 MALPELO AVENUE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 393 MALPELO AVENUE — before you fall in love.
See it in person
Schedule a tour
Live availability from Arbel's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
393 MALPELO AVENUE FAQs
What would the monthly payment be for 393 MALPELO AVENUE?+
With 3.5% down on a 30-year FHA loan at 7.5%, the all-in payment lands around $3,942/mo — principal and interest, the actual property-tax bill, the $18/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 393 MALPELO AVENUE?+
The association fee works out to $18 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 393 MALPELO AVENUE?+
The most recent tax bill on record (2025) was $3,950. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 393 MALPELO AVENUE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Punta Gorda?+
At $470,000, this home is listed about 31% above the Punta Gorda median of $359,000. The market section on this page shows how the area is trending.
Which schools are assigned to 393 MALPELO AVENUE?+
Deep Creek Elementary School (elementary), Punta Gorda Middle School (middle), Charlotte High School (high) — Charlotte County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$470,000 runs 453% above the PUNTA GORDA 33983 median — but at 2,323 sqft it's also 30% larger than the typical Punta Gorda listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Fresh on the market
Only 7 days on market in a Punta Gorda market that averages 65 — if it fits, move quickly.
04Strong assigned schools
Deep Creek Elementary School, Punta Gorda Middle School, Charlotte High School — Deep Creek Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of KW PEACE RIVER PARTNERS · Christopher Harmon. MLS #C7531441.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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