No photos available
ActiveACREAGE
$599,990
HOA: NoneTaxes: $6,904/yr417d on market
0 Baths

Key Features

3 Acre Lot
0 Views 0 Saved

💡 Price recently reduced — this could be a great opportunity to negotiate.

Acreage
Lot Size
2.85 acres
Lot Sqft
123,955 sqft
C2C

Coast 2 Coast Home Realty

Licensed Florida Realtors

4.9· 214 reviews

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Buyer Insights

This is one of the strongest opportunities we're seeing right now.

Why this home stands out

  • Price reduced 20% ($150,000 off original)
  • 417+ days on market — seller may be motivated
  • Updated today

Buyer Insights are informational only — always verify with your agent.

PRESENT ALL OFFERS! 1521 Capricorn Boulevard presents a rare 2.85-acre development opportunity zoned RMF15, allowing for up to 42 multifamily units. The property features level terrain, road frontage, and proximity to utilities including water, sewer, and electric. Located in a deed-restricted, well-kept neighborhood, it combines accessibility with long-term investment potential. Whether for build-and-hold or resale, this parcel is an excellent fit for developers seeking growth opportunities in Punta Gorda’s thriving residential market. Positioned in the highly sought-after Deep Creek community of Punta Gorda, this 2.85-acre site offers direct access to I-75, US-41, and key regional destinations including Sarasota, Fort Myers, and the Southwest Florida International Airport. The area boasts a well-maintained residential environment, excellent schools, and convenient shopping, dining, and recreational amenities. As part of a growing market with rising housing demand, this location provides an ideal foundation for successful development.

County
Charlotte
Zip Code
33983
Community
Punta Gorda

Neighborhood

Map unavailable

Type
Land
Living Area
Construction
Roof
Flooring
Pool
None
HOA
None
  • Bb/hs Internet Capable
  • Electrical Nearby
Bedrooms
Bathrooms
0
Year Built
Construction
Flooring
Roof
Garage Spaces
0
Cooling
Heating
Waterfront
No
Pet Restrictions
Lot Size
2.85 acres
Senior Community
Building Elevator
Pet Size
# of Pets
Max Pet Weight
Tax Year
2024
Annual Tax Amount
$6,904
No HOA fees on this listing.
Down Payment20% — $119,998
Interest Rate6.50%
Loan Term
Est. Mortgage
$3,034
HOA Fee
$0
Est. Property Tax
$575
Est. Insurance
$200
Total Est. Monthly Cost$3,809

* Estimates are for illustration purposes only and do not constitute an offer of financial advice. Actual rates, payments, insurance, and taxes will vary based on credit, location, and other factors. Contact a licensed mortgage professional for a personalized quote. Homeowners insurance estimate based on Florida averages.

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