Under Construction. Under Construction – Investor Opportunity in Deep Creek. Nearly completed 8-unit multifamily property offering a strategic value-add opportunity for investors or builders looking to step into a project already well underway. Seller/Builder is willing to contract with the new owner under acceptable terms to assist in completing the project, providing flexibility and significantly reducing execution risk. Builder is familiar with the project and available to assist with completion, helping streamline timeline and cost control. Each unit is designed as a 2-bedroom, 1-bath layout with approximately 1,083 sq. ft. of living space and includes modern finishes such as tile flooring throughout, granite countertops, stainless steel appliances, ample cabinetry, spacious bedrooms, hurricane-impact windows, and tankless water heaters. A detailed breakdown of remaining construction items, estimated completion costs, and contractor contacts is available, allowing investors to clearly evaluate the path to completion and projected returns. Permits are transferable to the new owner, enabling a smooth transition and minimizing delays. Ideal for investors seeking to complete and stabilize an income-producing asset in the desirable Deep Creek area. Contact for full project details, cost-to-complete breakdown, and access to virtual walkthrough.
New construction
Price cut: $50.9K (6/26)
$1,599,000
1215 Capricorn Blvd, Punta Gorda, FL 33983
16beds
8baths
8,664sqft
:
Get pre-qualified$10,725/mo
Multi Family
Built in 2025
-- sqft lot
$-- Zestimate®
$185/sqft
$17/mo HOA
What's special
Spacious bedroomsGranite countertopsHurricane-impact windowsTile flooring throughoutTankless water heatersStainless steel appliancesAmple cabinetry
- 268 days |
- 241 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Bryan French 941-661-1183,
RE/MAX PALM REALTY 941-743-5525
Source: Stellar MLS,MLS#: C7516987
Originating MLS: Port Charlotte
Originating MLS: Port Charlotte
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Rooms
- Room types: Utility Room
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), Eating Space In Kitchen
- Flooring: Ceramic Tile
- Windows: Hurricane Shutters/Windows
- Has fireplace: No
Interior area
- Total interior livable area: 8,664 sqft
Property
Parking
- Parking features: Driveway, Other
- Has uncovered spaces: Yes
Features
- Levels: Multi/Split
- Patio & porch: Front Porch
- Exterior features: Lighting
Lot
- Size: 0.78 Acres
- Dimensions: 106 x 358 x 100 x 323
- Features: Oversized Lot
Details
- Parcel number: 402307281006
- Zoning: RMF15
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Under Construction
- New construction: Yes
- Year built: 2025
Details
- Builder model: 1215
- Builder name: CONSTELLATION 11 AT DEEP CREEK LLC
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public
Community & HOA
Community
- Features: Golf, Playground, Sidewalks, Tennis Court(s)
- Security: Fire Sprinkler System, Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: PUNTA GORDA ISLES SEC 23
HOA
- Has HOA: Yes
- HOA fee: $17 monthly
- HOA name: Section 23 Property Owner's (POA)
- HOA phone: 941-764-6674
Location
- Region: Punta Gorda
Financial & listing details
- Price per square foot: $185/sqft
- Annual tax amount: $1,521
- Date on market: 10/31/2025
- Cumulative days on market: 269 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Price change | $1,599,000-3.1%$185/sqft |
Source:  Stellar MLS #C7516987 Report a problem | ||
| 4/29/2026 | Price change | $1,649,900-2.9%$190/sqft |
Source: Stellar MLS #C7516987 Report a problem | ||
| 3/27/2026 | Price change | $1,699,000-2.9%$196/sqft |
Source: Stellar MLS #C7516987 Report a problem | ||
| 1/6/2026 | Price change | $1,750,000-2.8%$202/sqft |
Source: Stellar MLS #C7516987 Report a problem | ||
| 11/20/2025 | Price change | $1,800,000-5.3%$208/sqft |
Source: Stellar MLS #C7516987 Report a problem | ||
| 10/31/2025 | Listed for sale | $1,900,000$219/sqft |
Source: Stellar MLS #C7516987 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33983
Nearby schools
GreatSchools rating
- 8/10Deep Creek Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 4/10Punta Gorda Middle SchoolGrades: 6-8Distance: 5.7 mi
- 5/10Charlotte High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Deep Creek Elementary
- Middle: Punta Gorda Middle
- High: Charlotte High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
