Price Reduced 13.16%
Price History
$1,900,000
10/31/2025
$1,800,000
11/20/2025
$1,750,000
1/5/2026
$1,699,000
3/27/2026
$1,649,900
4/29/2026
1215 CAPRICORN BOULEVARD, Punta Gorda, FL, 33983
16 beds
2025
8,664 sqft
Under Construction. Under Construction – Investor Opportunity in Deep Creek. Nearly completed 8-unit multifamily property offering a strategic value-add opportunity for investors or builders looking to step into a project already well underway. Seller/Builder is willing to contract with the new owner under acceptable terms to assist in completing the project, providing flexibility and significantly reducing execution risk. Builder is familiar with the project and available to assist with completion, helping streamline timeline and cost control. Each unit is designed as a 2-bedroom, 1-bath layout with approximately 1,083 sq. ft. of living space and includes modern finishes such as tile flooring throughout, granite countertops, stainless steel appliances, ample cabinetry, spacious bedrooms, hurricane-impact windows, and tankless water heaters. A detailed breakdown of remaining construction items, estimated completion costs, and contractor contacts is available, allowing investors to clearly evaluate the path to completion and projected returns. Permits are transferable to the new owner, enabling a smooth transition and minimizing delays. Ideal for investors seeking to complete and stabilize an income-producing asset in the desirable Deep Creek area. Contact for full project details, cost-to-complete breakdown, and access to virtual walkthrough.
Status:
Active
Type:
Multi-family
Laundry Remarks:
Inside, Laundry Closet
Units:
8
Subdivision:
PUNTA GORDA ISLES SEC 23
Garage:
Driveway, Other
Heating:
Central, Electric
Cooling:
Central Air
Common Charge:
$205 Annually
Lot Size:
106 x 358 x 100 x 323
Acreage:
0.78
Est. Taxes:
$1,522
HOA Fee
$205
Construction
Block
Utilities
Electricity Connected, Public
Lot Description:
Oversized Lot
Elementary School:
Deep Creek Elementary
Middle School:
Punta Gorda Middle
High School:
Charlotte High
Days on Market:
201
Pet Policy:
Yes
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
MLS #:
C7516987
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of RE/MAX PALM REALTY 941-743-5525