To schedule a showing of 1215 Capricorn Boulevard, Punta Gorda, Florida, Call David Shippey at 863-521-4517 TODAY!

$1,649,900 Reduced -$49,100
1215 Capricorn Boulevard
Punta Gorda, FL 33983
  • 16Beds
  • 8.00Total Baths
  • 0 Full, 0 HalfBaths
  • 8,664SqFt
  • 2025Year Built
  • 0.78Acres
  • MLS# C7516987
  • Income
  • MultiFamily
  • Active


Overview

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.



Agriculture / Farm

Association Fees / Info

Community Features:  Golf, Playground, Sidewalks, TennisCourts

Pets Allowed:  Yes

Hoa Frequency Rate:  205

Association:  Yes

Hoa Fees Frequency:  Annually

Bathroom Info

Total Baths:  8.00

Building Info

Window Features:  StormWindows

Roof:  Shingle

Builder:  CONSTELLATION 11 AT DEEP CREEK LLC

Buyer Compensation

Exterior Features

Patio:  FrontPorch

Exterior Features:  Lighting

Fees / Restrictions

Financial

Original Price:  $1,900,000

Garage / Parking

Parking Features:  Driveway, Other

Green / Env Info

Interior Features

Floors:  CeramicTile

Levels:  MultiSplit

Laundry Features:  Inside, LaundryCloset

Interior Features:  CeilingFans, EatInKitchen

Appliances:  Dishwasher, Disposal, Microwave, Range, Refrigerator, TanklessWaterHeater

Lot Info

Direction Remarks:  Kings Hwy to (R) Rampart (L) Capricorn or Kings Hwy (R) Sandhill Blvd to (R) Capricorn

Lot Size Units:  Acres

Lot Size Acres:  0.78

Lot Sqft:  34,057

Est Lotsize:  106x358x100x323

Lot Desc:  OversizedLot

Misc

Builder Model:  1215

Other

Special Conditions:  None

Security Features:  FireSprinklerSystem, SmokeDetectors

Other Rooms Info

Property Info

Section:  07

Class Type:  MultiFamily

Property Condition:  UnderConstruction

New Construction:  Yes

Construction Materials:  Block

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  8,664

Living Area Units:  SquareFeet

Living Area Source:  Builder

Tax Info

Tax Year:  2,024

Tax Lot:  35

Tax Legal Description:  PGI 023 0683 0035 PUNTA GORDA ISLES SEC23 BLK683 LT35 668/751 966-408 1219/1060 2939/1134 4777/1340 3381911 3439843

Tax Block:  683

Tax Annual Amount:  1521.6

Tax Book Number:  12-2

Unit Info

Total Units:  8

Unit:  8

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  ElectricityConnected, MunicipalUtilities

Waterfront / Water

Schools

Elem:  Deep Creek Elementary

Middle:  Punta Gorda Middle

High:  Charlotte High

Directions

Kings Hwy to (R) Rampart (L) Capricorn or Kings Hwy (R) Sandhill Blvd to (R) Capricorn

This listing courtesy of Re/max Palm Realty 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Fri, Oct 31st 2025)
  • Original Price: $1,900,000
  • Current Price: $1,649,900
  • Price Reduced: $250,100
Date ChangedFromTo
04/29/2026$1,699,000 $1,649,900 Reduced by $49,100
03/27/2026$1,750,000 $1,699,000 Reduced by $51,000
01/05/2026$1,800,000 $1,750,000 Reduced by $50,000
11/20/2025$1,900,000 $1,800,000 Reduced by $100,000

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If you have any questions on 1215 Capricorn Boulevard, Punta Gorda, Florida, please call David Shippey at 863-521-4517.


MLS# C7516987 located at 1215 Capricorn Boulevard, Punta Gorda, Florida is brought to you by David Shippey REALTOR®

1215 Capricorn Boulevard, Punta Gorda, Florida has 16 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 1215 Capricorn Boulevard, Punta Gorda, Florida is C7516987.
The price for 1215 Capricorn Boulevard, Punta Gorda, Florida is $1,649,900.
The status of 1215 Capricorn Boulevard, Punta Gorda, Florida is Active.
The subdivision of 1215 Capricorn Boulevard, Punta Gorda, Florida is Punta Gorda Isles Sec 23.
The home located at 1215 Capricorn Boulevard, Punta Gorda, Florida was built in 2026.