Active

$1,649,900

Features:
  • 16 Bedrooms
  • 8 Bathrooms
  • 8664 sq ft
Overview
  • ID: MFRC7516987
  • Bedrooms: 16
  • Bathrooms: 8
  • Size: 8664 sq ft
Property Details
Remarks
Under Construction. Under Construction – Investor Opportunity in Deep Creek. Nearly completed 8-unit multifamily property offering a strategic value-add opportunity for investors or builders looking to step into a project already well underway. Seller/Builder is willing to contract with the new owner under acceptable terms to assist in completing the project, providing flexibility and significantly reducing execution risk. Builder is familiar with the project and available to assist with completion, helping streamline timeline and cost control. Each unit is designed as a 2-bedroom, 1-bath layout with approximately 1,083 sq. ft. of living space and includes modern finishes such as tile flooring throughout, granite countertops, stainless steel appliances, ample cabinetry, spacious bedrooms, hurricane-impact windows, and tankless water heaters. A detailed breakdown of remaining construction items, estimated completion costs, and contractor contacts is available, allowing investors to clearly evaluate the path to completion and projected returns. Permits are transferable to the new owner, enabling a smooth transition and minimizing delays. Ideal for investors seeking to complete and stabilize an income-producing asset in the desirable Deep Creek area. Contact for full project details, cost-to-complete breakdown, and access to virtual walkthrough.
Financial Considerations
Price:
$1,649,900
HOA Fee:
205
Tax Amount:
$1521.6
Price per SqFt:
$190.43
Tax Legal Description:
PGI 023 0683 0035 PUNTA GORDA ISLES SEC23 BLK683 LT35 668/751 966-408 1219/1060 2939/1134 4777/1340 3381911 3439843
Exterior Features
Lot Size:
34057
Lot Features:
Oversized Lot
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Other
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
16
Bathrooms:
8
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
Furnished:
No
Floor:
Ceramic Tile
Levels:
Multi/Split
Additional Features
Property Sub Type:
Multi-Family 5+
Style:
N/A
Year Built:
2025
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    1215 CAPRICORN BLVD
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