$549,500
1249 Capricorn Boulevard Punta Gorda, FL 33983
For Sale MLS# 2026019437
Commercial
Details for 1249 Capricorn Boulevard
MLS# 2026019437
Description for 1249 Capricorn Boulevard, Punta Gorda, FL, 33983
What an incredible opportunity to own a prime development site in the highly desirable Deep Creek area of Punta Gorda on sought-after Capricorn Boulevard. This expansive 2.13+ acre parcel comes with approved renderings, architectural plans, and development concepts for “Palm View Cove,” a beautifully designed upscale condominium community featuring 31 residential units, a resort-style pool area, and elegant clubhouse. All plans, renderings, and architectural concepts are included in the sale, giving developers and investors an outstanding head start to immediately move forward with the project. Beautifully proportioned with approximately 406 feet of frontage and extending roughly 268 feet toward the rear, this impressive property offers exceptional space for a thoughtfully designed luxury condominium development with outstanding curb appeal, landscaped areas, parking, and upscale community features. Palm View Cove has been designed as a modern luxury condominium community consisting of four separate contemporary-style two-story buildings, each featuring eight residential units with four units per floor, creating a spacious and comfortable residential atmosphere. Each residence is designed as a beautiful two-bedroom, two-bathroom unit with open-concept kitchens flowing seamlessly into expansive living and dining areas. Every unit also features a private balcony, creating inviting outdoor living spaces that enhance the luxury lifestyle feel of the community. Designed with striking modern architecture and upscale finishes throughout, Palm View Cove offers the atmosphere of a high-end luxury apartment-style community combined with comfort, elegance, and functionality. The resort-style amenities and carefully planned layout create a highly desirable living environment for future residents. Location is everything, and this property delivers. Situated just minutes from I-75 and US-41, residents will enjoy having everyday conveniences right at their fingertips including nearby Culver's, Applebee's Grill + Bar, Walmart Supercenter, Arby's, Five Guys, RaceTrac, 7-Eleven, Taco Bell, Starbucks, Publix Super Market, and Cracker Barrel Old Country Store. Utilities including electric, cable, sewer, irrigation access, and trash services are readily available. Best of all, the hard work has already been completed, making this a rare opportunity to acquire a ready-to-develop luxury condominium project in one of Southwest Florida’s growing and desirable locations with tremendous upside potential and exceptional investment value.
Listing Information
Property Type: Commercial, Commercial,Unimproved Land
Status: Active
Lot Size: 2.13 Acres
Subdivision: Deep Creek
Current Use: Commercial,Multi-Family,Mixed Use,Single Family
County: Charlotte
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Available,Sewer Available,Trash Collection,Water Available
Exterior / Lot Features
Lot View: Landscaped
Lot Dimensions: 406 x 206 x 401 x 268
Zoning: RMF15
Additional Exterior/Lot Features: Oversized Lot
Community Features
Community Features: Non-Gated
Driving Directions
Kings Hwy to Sandhill Blvd Towards Yachtsman ln to 1249 Capricorn blvd
Financial Considerations
Terms: All Financing Considered,Cash
Tax/Property ID: 402308154001
Tax Amount: 4695.71
Tax Year: 2025
A broker reciprocity listing courtesy: Schiff Realty, Inc
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Copyright 2026 FGCMLS. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1249 Capricorn Boulevard
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1249 Capricorn Boulevard
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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