1249 Capricorn Boulevard, PUNTA GORDA, FL

$549,500

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2.13

Acres

About 1249 Capricorn Boulevard

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.

Features of 1249 Capricorn Boulevard

MLS® # C7525651
Price $549,500
Acres 2.13
Type Land
Sub-Type Land
Status Active

Community Information

Address 1249 Capricorn Boulevard
Area Punta Gorda
Subdivision PUNTA GORDA ISLES SEC 23
City PUNTA GORDA
County Charlotte
State FL
Zip Code 33983-5939

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Street Lights

Additional Information

Date Listed May 1st, 2026
Days on Market 126
Zoning RMF15
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSCHIFF REALTY, INC.

Listing Map

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