Active

1249 Capricorn Boulevard

PUNTA GORDA, FL 33983

$549,500 $2,316/Mo

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Overview

92,703

Sqft(Lot)

2.13

Acres(Lot)

Description

One or more photo(s) has been virtually staged. 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 exce ptional 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 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.

Property Details

Property Type : Land

Price : $549,500

AD Id : 77889281

MLS Id : MFRC7525651

Lot Size : 2.13 Acres(Lot)

Living Area Size : 92,703

County : Charlotte

Subdivision: Punta Gorda Isles Sec 23

Map

What's Nearby

Nearby Areas

Features

Water Source

WaterSource: Public

Lot Information

Lot Dimensions: 406x206x401x268 Lot Description: Street Lights, Paved Lot Square Feet: 92703 Lot Acres: 2.13 Lot Size (SqMt): 8612

Property Information

Property Type: Land

Listing Price Information

Original List Price:$549500

Tax Information

Tax Block: 683 Tax Book Number: 12-2 Tax Lot: 32 Tax Legal Description: PGI 023 0683 0032 PUNTA GORDA ISLES SEC23 BLK683 LT32 712/1717 1384/1291 AFF2035/629 2106/464 2274/1390 2618/1030 2875/794 2939/1134 4111/1919 4681/1939 4693/1649 3246567 PGI 023 0683 0031 PUNTA GORDA ISLES SEC23 BLK683 LT31 754/1227 1217/1962 AFF1 Annual Tax: $4696 Tax Year: 2025 Parcel Number: 402308154001

Virtual Tour

Virtual Tour (External Link)

Utility Information

BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: PUNTA GORDA ISLES SEC 23 City: PUNTA GORDA Direction: Kings Hwy to Sandhill Blvd Towards Yachtsman ln to 1249 Capricorn blvd

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1353 Wallaroo Ct, Punta Gorda, FL, 33983	$17,000	--	--	--	Acres (Lot)--
Land, Punta Gorda, FL, 33983	$28,500	--	--	--	10,792 Sqft(Lot)
3502 Discovery Dr, Punta Gorda, FL, 33983	$118,000	--	--	--	Acres (Lot)--
26018 Salonika Lane, ,, FL, 33983	$55,000	--	--	--	14,374 Sqft(Lot)
27494 Harbour Point Dr, Punta Gorda, FL, 33983	$35,000	--	--	--	Acres (Lot)--
2356 Highland, Punta Gorda, FL, 33983	$9,000	--	--	--	Acres (Lot)--
1206 Malabo Court, Punta Gorda, FL, 33983	$15,900	--	--	12,000	0.28 Acre(Lot)
1198 Malabo Court, Punta Gorda, FL, 33983	$15,900	--	--	12,621	0.29 Acre(Lot)
1227 Malabo Court, Punta Gorda, FL, 33983	$7,000	--	--	12,000	0.28 Acre(Lot)
1284 Malaluka Court, Punta Gorda, FL, 33983	$39,999	--	--	16,794	0.39 Acre(Lot)

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ByOwner last updated this listing 06/11/2026 @ 06:20

MLS: MFRMLS #C7525651 LISTED BY: Edward Schiff, SCHIFF REALTY, INC. 239-540-0061 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)