$599,990
About this home
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.
Property details
- MLS #
- MFRC7512337
- Property type
- Land
- Subdivision
- PUNTA GORDA ISLES SEC 23
- Status
- Active
- Days on market
- 411
- On market date
- July 13, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.85 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 615
- Student:teacher ratio
- 16.6:1
- District
- CHARLOTTE
- Enrollment
- 849
- Student:teacher ratio
- 18.9:1
- District
- CHARLOTTE
- Enrollment
- 1,950
- Student:teacher ratio
- 22.9:1
- District
- CHARLOTTE
Walkability
Blended score for PUNTA GORDA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in PUNTA GORDA, from live MLS data.
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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated September 2, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.