1215 CAPRICORN BLVD

$1,599,000

16Bedrooms
8Bathrooms
8,664Sq Ft
2025Year Built
N/AGarage
305Days on Market
0.78 acLot Size

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.

Facts & Features

MLS #
MFRC7516987
PRICE
$1,599,000
STATUS
Active
BEDROOMS
16
BATHROOMS
8
FULL BATHS
N/A
HALF BATHS
N/A
SQUARE FOOTAGE
8,664 sqft
ACRES
0.78
YEAR BUILT
2025
TYPE
Multi-Family 5+
STYLE
N/A

Amenities

AMENITIES
N/A
PARKING
N/A
VIEW
No
WATERFRONT
No
POOL
No

Exterior

STYLE
N/A
CONSTRUCTION
Block
FOUNDATION
Slab
ROOF
Shingle
FENCING
N/A
LOT DESCRIPTION
Oversized Lot

Additional Information

DATE LISTED
October 31, 2025
DAYS ON MARKET
305
ZONING
RMF15
DIRECTION FACES
N/A
NEW CONSTRUCTION
Yes
SPECIAL CONDITIONS
None

Community Information

ADDRESS
1215 CAPRICORN BLVD
SUBDIVISION
Punta Gorda Isles Sec 23
CITY
Punta Gorda
COUNTY
Charlotte
STATE
FL
ZIP CODE
33983
SENIOR COMMUNITY
No

Interior

INTERIOR FEATURES
Ceiling Fans(s), Eat-in Kitchen
HEATING
Central, Electric
COOLING
Central Air
FLOORING
Ceramic Tile
FIREPLACE
N/A
STORIES
N/A
APPLIANCES
Dishwasher, Disposal, Microwave, Refrigerator, Range, Tankless Water Heater

School Information

DISTRICT
N/A
ELEMENTARY
Deep Creek Elementary
MIDDLE
Punta Gorda Middle
HIGH
Charlotte High

Location

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