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Jeramiah Bustin

jeramiah.bustin@engelvoelkers.com +1(813) 857-2120

$ 549,500

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Active

1249 CAPRICORN BLVD Punta Gorda, FL 33983

2.13 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Subdivision Punta Gorda Isles Sec 23

MLS Listing ID C7525651

HOA Y/N No

Annual Tax Amount $4,696

Lot Size 2.130 Acres

Acres 2.13

Lot Dimensions 406x206x401x268

Property Sub-Type Residential

Source Stellar MLS

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.

Location

State FL

County Charlotte

Community Punta Gorda Isles Sec 23

Area 33983 - Punta Gorda

Zoning RMF15

Exterior

Utilities Available BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available

View Y/N No

Water Access No

Building

Lot Description Street Lights, Paved

Lot Size Range 2 to less than 5

Sewer Public Sewer

Water Public

Others

Ownership Other

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/fgcmls/2026019437

Listed by Edward Schiff SCHIFF REALTY, INC.

NEARBY SCHOOLS & PROPERTIES

Jeramiah Bustin

License Partner | Broker Associate | Professional Athlete Advisory | Development Services

+1(813) 857-2120

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