Listing provided courtesy of SCHIFF REALTY, INC.as Distributed by MLSGrid- MLS# MFRC7525651MLS Provider

1249 CAPRICORN BOULEVARDPUNTA GORDA, FL 33983

Vacant Land · 2.13 Acres
$549,500 Active

1249 CAPRICORN BOULEVARD Overview

Time on Site:
60 days
Visits:
0

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 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 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.

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1249 CAPRICORN BOULEVARD Facts & Features

  • Type Vacant Land
  • Lot 2.13 Acres

Details

General

Association/HOA

  • Association: No

Business Information

  • Current Use: Residential

Location/Region

  • Country: US
  • County Or Parish: Charlotte
  • MLS Area Major: 33983 - Punta Gorda
  • Subdivision Name: PUNTA GORDA ISLES SEC 23
  • Township: 40

Tax Information

  • Tax Annual Amount: 4696
  • Tax Year: 2025

General Information

  • Ownership: Other
  • Parcel Number: 402308154001
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: RMF15

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Units: Square Feet

General Information

  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: Street Lights,Paved
  • Lot Size Acres: 2.13
  • Lot Size Dimensions: 406x206x401x268
  • Lot Size Square Feet: 92703
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Concrete
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: County Road
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available,BB/HS Internet Capable,Cable Available,Electricity Available,Phone Available,Public,Sewer Available,Water Available

1249 CAPRICORN BOULEVARD Neighborhood

Community

33983 (PUNTA GORDA) Demographics

56
Median Age
1,293
Population Density (per sq. mile)
38%
College Educated
$61,858
Estimated Median Income
5,315
Estimated Total Home Owners
917
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1249 CAPRICORN BOULEVARD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1249 CAPRICORN BOULEVARD Market Data

Based on the last 30 days in this zip code

$367,412
Average List Price
$203
Average Price per Square Foot
38
Properties Sold
132
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

1249 CAPRICORN BOULEVARD History

Date Event Value Agent
5/1/2026Source: My Florida Regional MLS Added to Database
May 01, 2026