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1521 Capricorn Boulevard

Punta Gorda FL 33983

123955 sq. ft.
Land
Currently for sale - view listing

Overview

PRESENT ALL OFFERS! 1521 Capricorn Boulevard presents a rare 2.85-acre development opportunity zoned RMF15, allowing for up to 42 multifamily units. The property features level terrain, road frontage, and proximity to utilities including water, sewer, and electric. Located in a deed-restricted, well-kept neighborhood, it combines accessibility with long-term investment potential. Whether for build-and-hold or resale, this parcel is an excellent fit for developers seeking growth opportunities in Punta Gorda’s thriving residential market. Positioned in the highly sought-after Deep Creek community of Punta Gorda, this 2.85-acre site offers direct access to I-75, US-41, and key regional destinations including Sarasota, Fort Myers, and the Southwest Florida International Airport. The area boasts a well-maintained residential environment, excellent schools, and convenient shopping, dining, and recreational amenities. As part of a growing market with rising housing demand, this location provides an ideal foundation for successful development.

Features

123955 sq. ft. lot size
Land

Property history for 1521 Capricorn Boulevard

2023
Sold
$395,000
04 Aug 2023 by Tara Miller, of PREFERRED SHORE

Happy sellers in Punta Gorda

77%
77% of sellers in Punta Gorda reported that their sale price either exceeded or met their price expectations.

Punta Gorda stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Punta Gorda over the last 12 months.

Local market activity for land plots in Punta Gorda

In the last 12 months, 92 land plots similar to 1521 Capricorn Boulevard, have been sold.

This represents a 20% increase in land plots sales when compared to the previous 12 months.

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