Land - Real Estate in Punta Gorda
Listing Price: $599,990 (Mortgage Calculator →)
Description of Property
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.

Garage: No
Carport: No
Property Details At A Glance
Property Type: Land
City: Punta Gorda
County: Charlotte
Subdivision: Punta Gorda Isles Sec 23
Annual Tax: $6,904
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Sewer: None
Water Source: None
Lot Information
Lot Size (acres): 2.85
Lot Size (sq. ft.): 123,955 square feet
Lot Dimensions: 460 x 256 x 574
Legal Description & Other Information
Parcel Number: 402308382003
Zoning: RMF15
Tax Legal Desc.: PGI 023 0683 0002 PUNTA GORDA ISLES SEC 23 BLK 683 LT 2 1229/21 1359/2144(1/2 INT EACH) 2090/237 2939/1134 3302/1191 DC3623/793-EEB 3718/1561 3723/946 5002/1399 3299940 PGI 023R0683 0101 PUNTA GORDA ISLES SEC 23 1ST REPLAT BLK 683 LT 101 1229/21 1359 /21
Section: 8
Range: 23E
Listing courtesy of REALTY ONE GROUP MVP. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.