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Development Land With Approved Condo Plans
For Sale
$549,500
Pending

1249 Capricorn Boulevard, Punta Gorda, FL 33983

COMMERCIAL - Punta Gorda, FL

Lot Size2.13 Acres
Days on Market96

Property Features for 1249 Capricorn Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning description RMF15
Subdivision DEEP CREEK
Lot features Oversized Lot
Directions Kings Hwy to Sandhill Blvd Towards Yachtsman ln to 1249 Capricorn blvd
Standard status Pending
APN 402308154001
Lot size 2.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 4696
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

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Schiff Realty, Inc
Listed By: Edward Schiff · License #258005997
Added: Apr 28 Changed: Jul 17 Last Checked: Aug 1 at 8:06AM
MLS# 2026019437

Copyright © 2026 Florida Gulf Coast Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This development land offering totals approximately 2.13+ acres and is presented with approved renderings, architectural plans, and development concepts for “Palm View Cove,” a proposed upscale condominium community. The package includes concepts for four contemporary-style two-story buildings with a total of 31 residential units, along with a resort-style pool area and an elegant clubhouse.

The site is described as having approximately 406 feet of frontage and extending roughly 268 feet toward the rear, providing room for landscaped areas and parking as reflected in the included concepts. Utilities including electric, cable, sewer, irrigation access, and trash services are stated as readily available.

The project design contemplates two-bedroom, two-bath residences with open-concept kitchens flowing into living and dining areas, and each unit is shown with a private balcony. The property is located in the Deep Creek area of Punta Gorda, with access to I-75 and US-41 described as only minutes away, and a variety of nearby retail and dining options listed in the remarks.

Key Highlights

  • 2.13+ acre development site on Capricorn Boulevard in the Deep Creek area of Punta Gorda
  • Includes approved renderings, architectural plans, and development concepts for “Palm View Cove”
  • Proposed 31‑unit upscale condominium community with resort‑style pool area and clubhouse

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Daycare Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

31
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 33983, FL

16,124
Population
9,114
Households
1.8
Avg Household Size
58
Median Age
22%
College-Educated
94%
High-School Grad
10.6 sq mi
ZIP Area
1,521
Density / Sq Mi
$67,705
Median Household Income
$36,748
Median Earnings
$1,357
Median Rent
$324,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 2.13-acre parcel with approximately 406 feet of frontage and approved renderings and plans for a 31-unit condominium project.
Where is this residential land & home lot located?
The property is located at 1249 Capricorn Boulevard Punta Gorda, FL.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: 2.13+ acre development site on Capricorn Boulevard in the Deep Creek area of Punta Gorda; Includes approved renderings, architectural plans, and development concepts for “Palm View Cove”; Proposed 31‑unit upscale condominium community with resort‑style pool area and clubhouse
More about this property
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