
$549,500
1249 Capricorn Boulevard
Punta Gorda, FL 33983
Listing updated: May 2, 2026 at 1:01 AM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
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 history0 days on market
- Status: ActiveMay 1, 2026
- Listed$549,500May 1, 2026
- Price increased$549,500
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 0
- Subdivision
- Punta Gorda Isles Sec 23
- County
- Charlotte
- Price/sq ft
- $6
- Lot size
- 92,703 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- X (12015C0068G)
- Annual taxes
- $4,696 (2025)
- Parcel #
- 402308154001
- Zoning
- RMF15
- MLS #
- C7525651
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Other
Exterior & Construction
- Road surface
- Concrete
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, BB/HS Internet Capable, Cable Available, Electricity Available, Phone Available, Public, Sewer Available, Water Available
Listing Details
- Listing date
- 2026-05-01
- On market date
- 2026-05-01
- Original list price
- $549,500
- MLS area
- 33983 - Punta Gorda
- Listing AOR
- Port Charlotte
- Status changed
- 2026-05-01
- Tax legal description
- PGI 023 0683 0032 PUNTA GORDA ISLES SEC23 BLK683 LT32 712/1717 1384/1291 AFF2035/629 2106/464 2274/1390 2618/1030 2875/794 2939/1134 4111/1919 4681/1939 4693/1649 3246567 PGI 023 0683 0031 PUNTA GORDA ISLES SEC23 BLK683 LT31 754/1227 1217/1962 AFF1
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
Kings Hwy to Sandhill Blvd Towards Yachtsman ln to 1249 Capricorn blvd
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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 2, 2026 at 1:01 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.
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