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Active Income

1215 CAPRICORN BOULEVARD

Punta Gorda, FL 33983

STELLAR #C7516987 Updated: Jun 27, 2026, 5:23am
$1,599,000
16 Beds • 8 Baths • 8,664 SqFt
Property
ActiveIncome
1/50
$1,599,000

1215 CAPRICORN BOULEVARD

Punta Gorda, FL 33983
16
Beds
8
Baths
8,664
SqFt
0.78
Acres
STELLAR
#C7516987
Updated: Jun 27, 2026, 5:23am

Property Description

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.
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Matterport
Included Appliances
DishwasherDisposalMicrowaveRangeRefrigeratorTankless Water Heater

Property Details

Interior
Additional Rooms
Inside Utility
Appliances
DishwasherDisposalMicrowaveRangeRefrigeratorTankless Water Heater
Cooling
Central Air
Flooring
Ceramic Tile
Heating
CentralElectric
Interior Features
Ceiling Fan(s)Eating Space In Kitchen
Laundry Features
InsideLaundry Closet
Living Area
8664
Security Features
Fire Sprinkler SystemSmoke Detector(s)
Window Features
Storm Window(s)
Construction
Builder License Number
CGC1533531
Builder Model
1215
Builder Name
CONSTELLATION 11 AT DEEP CREEK LLC
Building Area Units
Square Feet
Construction Materials
Block
Foundation Details
Slab
Levels
Multi/Split
Living Area Source
Builder
Living Area Units
Square Feet
New Construction
Yes
Number Of Units Total
8
Property Condition
Under Construction
Roof
Shingle
Year Built
2025
Site & Exterior
Exterior Features
Lighting
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Oversized Lot
Lot Size Acres
0.78
Lot Size Area
34057
Lot Size Dimensions
106 x 358 x 100 x 323
Lot Size Square Feet
34057
Lot Size Units
Square Feet
Number Of Separate Electric Meters
8
Number Of Separate Water Meters
8
Open Parking
Yes
Parking Features
DrivewayOther
Patio And Porch Features
Front Porch
Public Survey Range
23E
Public Survey Section
07
Road Responsibility
Public Maintained Road
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
Electricity ConnectedPublic
Water Source
Public
Zoning
RMF15
Financials
Association Fee
205
Association Fee Frequency
Annually
Calculated List Price By Calculated Sq Ft
184.56
Contract Status Change Date
2025-10-31
Current Price
1599000
Feed Types
BBO
Lease Considered
Yes
Monthly H O A Amount
17.08
Owner Name
CONSTELLATION 11 AT DEEP CREEK LLC
Ownership
Fee Simple
Parcel Number
402307281006
Public Survey Township
40S
Tax Annual Amount
1521.6
Tax Block
683
Tax Book Number
12-2
Tax Legal Description
PGI 023 0683 0035 PUNTA GORDA ISLES SEC23 BLK683 LT35 668/751 966-408 1219/1060 2939/1134 4777/1340 3381911 3439843
Tax Lot
35
Tax Year
2024
Total Annual Fees
205
Total Monthly Fees
17.08

Neighborhood & Lifestyle

Community & Association
Association Email
admin@deepcreek23.com
Association Fee Requirement
Required
Association Name
Section 23 Property Owner's (POA)
Association Phone
941-764-6674
Association U R L
View Link
Community Features
GolfPlaygroundSidewalksTennis Court(s)
M L S Area Major
33983 - Punta Gorda
Pets Allowed
Yes
S W Subdiv Community Name
Deep Creek
Subdivision Name
PUNTA GORDA ISLES SEC 23
Schools
Ratings
Elementary
Deep Creek Elementary
Middle
Punta Gorda Middle
High
Charlotte High
Listing provided courtesy of STELLAR via IDX. Updated: Jun 27, 2026, 5:23am.
Bryan French

Listing Agent

RE/MAX PALM REALTY

Call Agent
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