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1227 Capricorn Blvd - 20-Unit Multifamily Land 1.35 Acres of Residential Land Offered at $478,622 CAD in Punta Gorda, FL 33983

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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 $478,622 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
Total Lot Size 1.35 AC
Zoning RMF15 - 15 Units Per Acre

1 Lot Available

Lot

Price $478,622 CAD
Price Per AC $354,534.68 CAD
Lot Size 1.35 AC

20-Unit Prime Development Site

Description

20-Unit Prime Development Site

Property Taxes

Property Taxes

Parcel Number
402307281008
Land Assessment
$157,135 CAD
Improvements Assessment
$0 CAD
Total Assessment
$157,135 CAD
  • Listing ID: 38055568

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 1227 Capricorn Blvd, Punta Gorda, FL 33983

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