1215 CAPRICORN BOULEVARD, PUNTA GORDA, FL 33983

Description

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.

Property Information

Property Features

Interior:

Eat-in Kitchen

Exterior:

Lighting

Appliances:

Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater

Cooling:

Central Air

Heating:

Central, Electric

Flooring:

Ceramic Tile

Parking:

Driveway, Other

Laundry:

Inside, Laundry Closet

Patio:

Front Porch

Construction:

Block

Foundation:

Slab

Roof:

Shingle

Windows:

Storm Window(s)

Security:

Fire Sprinkler System, Smoke Detector(s)

Community:

Golf, Playground, Sidewalks, Tennis Court(s)

Utilities:

Electricity Connected

Sewer:

Public Sewer

Water Source:

Public

Schools

Elementary:

Deep Creek Elementary

Middle:

Punta Gorda Middle

High:

Charlotte High

HOA & Tax

HOA:

Section 23 Property Owner's (POA) — $205/Annually

Annual Tax:

$1,522 (2024)

Parcel #:

402307281006

Directions

Kings Hwy to (R) Rampart (L) Capricorn or Kings Hwy (R) Sandhill Blvd to (R) Capricorn

Affordability Calculator