1215 Capricorn Boulevard, Punta Gorda, FL 33983

$1,599,000
16
BD
8
BA
8,664
SqFt

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List Price
$1,599,000
Status
ACTIVE
MLS#
C7516987
Price Change
▼ $50,900 1782536242
Bedrooms
16
Bathrooms
8
Living Area
8,664
Subdivision
Deep Creek

Property 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.

Additional Information

HOA Fee
$205
Year Built
2025
Construction
Block
Living Area
8,664
Acres
0.78
Interior Features
Ceiling Fans(s), Eat-in Kitchen
Cooling
Central Air
Heating
Central, Electric
Parking
Driveway, Other
Exterior Features
Lighting
Sewer
Public Sewer
Pets
Yes

Listing courtesy of RE/MAX PALM REALTY.

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