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Mixed-Use Land for Sale in Punta Gorda, Florida

1249 Capricorn Blvd, Punta Gorda, FL 33983

$549,500
2.13 acres
Active sale
ago
Est $4,096/mo

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 per 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.

Location

Street address
1249 Capricorn Blvd
Community
Deep Creek
Elevation
23 feet
Coordinates
27.0102, -82.041

Directions

Kings Hwy to Sandhill Blvd Towards Yachtsman ln to 1249 Capricorn blvd

Property details

Acreage
2.13 acres
Zoning
RMF15
MLS #
FMSW 2026019437
Posted

Property taxes

2025
$4,696

Parcels

  • 402308154001

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Oversized Lot

Structure

Water
Public
Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Apr 28, 2026New listing$549,500FMSW
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This 2.13-acre property is located at 1249 Capricorn Blvd in Punta Gorda, FL 33983. The property is available for sale for $549,500 with a price per acre of $257,981.

Checked 2 hours ago — Updated

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