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1249 Capricorn Blvd - 1249 Capricorn Blvd

2.13 Acres of Commercial Land Offered at $899,000 in Punta Gorda, FL 33983

Investment Highlights

  • Seller financing available
  • Close proximity to shopping centers
  • Approved for 31 units
  • On-site amenities for resident enjoyment
  • Near diverse dining options

Executive Summary

*Motivated Seller* Seller Financing Available This presents an enticing opportunity for investors seeking to capitalize on the strong demand for multifamily living in the Punta Gorda area. With its strategic location and potential for growth, this property stands as a compelling prospect for those looking to make a lasting impact in the real estate market.

Property Facts

Price $899,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 2.13 AC

1 Lot Available

Lot

Price $899,000
Price Per AC $422,066
Lot Size 2.13 AC

Seller financing available* The subject property is a fully approved, multifamily construction project located in the Deep Creek neighborhood. The project, Palm View, is located in an area that shows sustained demand for two bedroom apartments.

Description

*Motivated seller* Seller financing available* The subject property is a fully approved, multifamily construction project located in the Deep Creek neighborhood. The project, Palm View, is located in an area that shows sustained demand for two bedroom apartments. Palm View is a 31 unit, two bedroom apartment complex with a pool and clubhouse.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
402308154001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$138,848

zoning

Zoning Code RMF (RMF-15 Vacant land multifamily residential. Future land use - High density residential.)
RMF (RMF-15 Vacant land multifamily residential. Future land use - High density residential.)
  • Listing ID: 31939972

  • Date on Market: 5/28/2024

  • Last Updated:

  • Address: 1249 Capricorn Blvd, Punta Gorda, FL 33983

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