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28001301
28001300

1215 Capricorn Blvd, Punta Gorda, FL 33983

RE/MAX Palm Realty
Listed by RE/MAX Palm Realty
$1,649,900
215 days on market
Updated 35 days ago

1215 Capricorn Blvd Punta Gorda

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,664
Units 8
Pro-Forma Cap Rate 6.62%
Pro-Forma NOI $109,200
Price per SqFt $190
Broker Co-Op Yes
Year Built 2026
Buildings 1
Stories 1
Lot Size (SqFt) 34,057
Zoning RMF 15
Parking Spaces spaces
Ground Lease No
Ownership Fee Simple

6.62% CAP RATE | 8-UNIT VALUE-ADD MULTIFAMILY | PUNTA GORDA

Marketing description

Under Construction. Investor Alert! Nearly completed 8-unit complex available — a rare opportunity for investors or seasoned builders to step in and finish an almost completed project in the desirable Deep Creek Community , Seller/Builder willing to contract with buyer to complete the project. Each unit offers 2 bedrooms, 1 bathroom, and 1,083 sq. ft. of living space, Kitchens feature stainless steel appliances, granite countertops, lots of cabinets, Bathroom has large vanity with storage, lighted mirrors and tiled tub/shower combo, tile flooring throughout, hurricane-impact windows, tankless water heaters, and spacious bedrooms. A detailed breakdown of remaining items with estimated completion costs and contractor contacts is available for review. **Permits are transferrable** to the new buyer, making for a smooth transition and quick project completion. Don’t miss this chance to acquire a high-demand income-producing property in a prime location. Call today for more details or to schedule a tour — List available of items remaining and approx.. cost to complete.

Listing Contacts

RE/MAX Palm Realty
Listed by RE/MAX Palm Realty

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Additional Information

Name
Bryan French French
License
BK657517
Brokerage
Remax Palm Realty
Brokerage Phone
941-661-1202
Brokerage Address
1808 Tamiami Trail D-2
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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