Property
ActiveLand
1/17
$549,500

1249 CAPRICORN BOULEVARD

Punta Gorda, FL 33983
0
Beds
0
Baths
0
SqFt
2.13
Acres
STELLAR
#C7525651
Updated: May 2, 2026, 5:08am

Property 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 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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Property Details

Interior
Virtually Staged
Yes
Site & Exterior
Current Use
Residential
Flood Zone Code
X
I D X Participation
Yes
Lot Features
Street Lights
Lot Size Acres
2.13
Lot Size Area
2.1282
Lot Size Dimensions
406 x 206 x 401 x 268
Lot Size Square Feet
92703
Lot Size Units
Acres
Public Survey Range
23
Public Survey Section
08
Road Frontage Type
Street LightsStreet PavedCounty Road
Road Responsibility
Public Maintained Road
Road Surface Type
PavedConcrete
Sewer
Public Sewer
Total Acreage
2 to less than 5
Utilities
BB/HS Internet AvailableBB/HS Internet CapableCable AvailableElectricity AvailablePhone AvailablePublicSewer AvailableWater Available
Water Source
Public
Zoning
RMF15
Financials
Calculated List Price By Calculated Sq Ft
5.93
Contract Status Change Date
2026-05-01
Current Adjacent Use
Residential
Current Price
549500
Feed Types
BBO
Owner Name
VALERZA LLC
Ownership
Other
Parcel Number
402308154001
Price Per Acre
257981
Public Survey Township
40
Tax Annual Amount
4696
Tax Block
683
Tax Book Number
12-2
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
Tax Lot
32
Tax Year
2025
Construction
Building Area Units
Square Feet
Living Area Units
Square Feet

Neighborhood & Lifestyle

Community & Association
M L S Area Major
33983 - Punta Gorda
S W Subdiv Community Name
Deep Creek
Subdivision Name
PUNTA GORDA ISLES SEC 23
Listing provided courtesy of STELLAR via IDX. Updated: May 2, 2026, 5:08am.
Edward Schiff

Listing Agent

SCHIFF REALTY, INC.

Call Agent