$599,990
1521 Capricorn Boulevard
Punta Gorda, FL 33983
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history316 days on market
- Status: ActiveNov 13, 2025
- Listed$749,990Jul 13, 2025
- Price reduced$599,990
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 316
- Subdivision
- Punta Gorda Isles Sec 23
- County
- Charlotte
- Price/sq ft
- $5
- Lot size
- 123,955 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X
- Annual taxes
- $6,904 (2024)
- Parcel #
- 402308382003
- Zoning
- RMF15
- MLS #
- C7512337
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- BB/HS Internet Capable, Electrical Nearby
Listing Details
- Listing date
- 2025-07-12
- On market date
- 2025-07-13
- Original list price
- $749,990
- MLS area
- 33983 - Punta Gorda
- Listing AOR
- West Pasco
- Status changed
- 2025-11-13
- Tax legal description
- PGI 023 0683 0002 PUNTA GORDA ISLES SEC 23 BLK 683 LT 2 1229/21 1359/2144(1/2 INT EACH) 2090/237 2939/1134 3302/1191 DC3623/793-EEB 3718/1561 3723/946 5002/1399 3299940 PGI 023R0683 0101 PUNTA GORDA ISLES SEC 23 1ST REPLAT BLK 683 LT 101 1229/21 1359 /21
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
I-75 South, Exit 170 follow Southeast for approximately 7.2 miles, property on left.
More homes like this
$24,900
2143 Ulster Ct
Punta Gorda, FL 33983
0.22 acres
Punta Gorda Isles Sec 23
MLS# A4621599
$34,900
2355 Prague Ln
Punta Gorda, FL 33983
0.23 acres
Punta Gorda Isles Sec 23
MLS# C7512397
$39,500
2381 Mauritania Rd
Punta Gorda, FL 33983
0.22 acres
Punta Gorda Isles Sec 23
MLS# N6143545
$40,000
1400 Vermouth Ln
Punta Gorda, FL 33983
0.28 acres
Punta Gorda Isles Sec 23
MLS# C7507110
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 30, 2026 at 11:58 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA