1249 Capricorn BlvdPunta Gorda, FL 33983

This exceptional 2.13-acre parcel in Punta Gorda, Florida, presents a prime opportunity for multifamily development. Located at 1249 Capricorn Blvd, in the desirable Deep Creek neighborhood, this RMF-15 zoned lot is fully approved for construction of Palm View, a 31-unit, two-bedroom apartment complex. The project plans include a community pool and clubhouse, catering to the high demand for two-bedroom apartments in this area. The property's strategic location offers convenient access to shopping centers and diverse dining options, enhancing its appeal to potential residents. Seller financing is available, making this an attractive investment for developers seeking to capitalize on the robust multifamily market in Punta Gorda. The property's address is 1249 Capricorn Blvd, Punta Gorda, FL 33983, within Charlotte County. This fully approved project offers a streamlined path to development, minimizing pre-construction hurdles and maximizing return on investment. The site's size and zoning provide ample space to realize a thriving residential community. This is a rare opportunity to acquire a ready-to-build multifamily development site in a high-demand location. The asking price is $899,000.