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$1,649,900

1215 Capricorn Boulevard Punta Gorda, FL 33983 Multi Unit - Multiple Active

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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 Highlights

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.78 Acres
Roof Type: Shingle
Taxes: $1,521
Year Built: 2025

General Information

Bedrooms: 16
Sqft: 8,664
County: Charlotte
High School: Charlotte High
Subdivision: PUNTA GORDA ISLES
Listed By:
Bryan French RE/MAX PALM REALTY 941-743-5525

Amenities

Ceiling Fans(s)
Eat-in Kitchen
Lighting

Property Features

Additional Rooms: Inside Utility
Annual Net Income: 168000.00
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
Builder: CONSTELLATION 11 AT DEEP CREEK LLC
Community Features: Golf, Playground, Sidewalks, Tennis Court(s)
Days on Site: 204
Directions: Kings Hwy to (R) Rampart (L) Capricorn or Kings Hwy (R) Sandhill Blvd to (R) Capricorn
Disaster Mitigation: Hurricane Shutters/Windows
Exterior: Block
Flood Zone Code: X
Flooring: Ceramic Tile
Foundation: Slab
HOA Fee: 205/ Annually
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional
Lot: Oversized Lot
Lot Dimensions: 0.78
Model: 1215
Ownership: Fee Simple
Parking: Driveway, Other
Parking Notes: Driveway, Other
Patio/Porch: Front Porch
Pets Allowed: Yes
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Security: Fire Sprinkler System, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Units: 8
Utilities: Electricity Connected, Public
Water: Public
Water Access Y/N: No
Windows: Storm Window(s)
Zoning: RMF15
$1,649,900
16beds
8,664sqft
Active
BEDS16 BATHS SQUARE FEET8,664 MLS#C7516987
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPUNTA GORDA ISLES

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1215 Capricorn Boulevard, Punta Gorda, FL 33983.

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Estimated Payment

$ 6,172.81 per month $5,564.84 Principal & Interest $126.75 Property Tax $481.22 Homeowner's Insurance

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