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1227 Capricorn Blvd - 20-Unit Multifamily Land 1.35 Acres of Residential Land Offered at $349,990 in Punta Gorda, FL 33983
Investment Highlights
- 20-Units
- Close to devdelopments
- Low Price Per Unit
Executive Summary
This 1.35-acre development-ready parcel at 1227 Capricorn Boulevard is zoned RMF15, allowing up to 20 multifamily units. The site offers level topography, direct road frontage, and proximity to public utilities including water, sewer, and electric. Located within a deed-restricted neighborhood, it benefits from surrounding residential stability and high market appeal. Ideal for investors or developers, the property is ready to meet the rising demand for housing in this fast-growing region of Southwest Florida. Located in Punta Gorda’s desirable Deep Creek community, this 1.35-acre parcel offers convenient access, visibility, and positioned minutes from I-75. It provides excellent connectivity to Sarasota, Fort Myers, and Southwest Florida International Airport. The area features a blend of residential, recreational, and commercial amenities, making it attractive to renters and developers alike. Nearby parks, golf courses, shopping centers, and schools contribute to a high quality of life and strong local housing demand.
Property Facts
| Price | $349,990 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.35 AC |
| Property Type | Land | ||
| Zoning | RMF15 - 15 Units Per Acre | ||
| Price | $349,990 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 1.35 AC |
| Zoning | RMF15 - 15 Units Per Acre |
1 Lot Available
Lot
| Price | $349,990 | Lot Size | 1.35 AC |
| Price Per AC | $259,251.85 |
| Price | $349,990 |
| Price Per AC | $259,251.85 |
| Lot Size | 1.35 AC |
20-Unit Prime Development Site
Description
20-Unit Prime Development Site
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 402307281008 | Improvements Assessment | $0 |
| Land Assessment | $114,750 | Total Assessment | $114,750 |
Property Taxes
Parcel Number
402307281008
Land Assessment
$114,750
Improvements Assessment
$0
Total Assessment
$114,750
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1227 Capricorn Blvd - 20-Unit Multifamily Land
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