1215 CAPRICORN BOULEVARD

$1,649,900

$190/sq ft

$250,100
Price Decreased

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Overview

Bedroom

16

Year Built

2025

Sqft

8664

Property Type

Multi Family (5+)

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.

Property Details

MLS#

C7516987

Address

1215 CAPRICORN

City

Punta Gorda

State/county

FL

Zip/Postal Code

33983

Area

Punta Gorda Isles Sec 23

Country

United States

HOA

Yes

Assoc Fee

$205

Assoc Fee Pd

Annually

Tax Amount

$1,521

Maint Fee

$--

Tax Year

2024

Dishwasher

Disposal

Microwave

Range

Refrigerator

Tankless Water Heater

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Boris Gelfand