UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 8,664 sqft
Price per Sqft $190
Subdivision Punta Gorda Isles Sec 23
MLS Listing ID C7516987
Bedrooms 16
Construction Status Under Construction
HOA Fees $205/ann
HOA Y/N Yes
Annual Recurring Fee 205.0
Year Built 2025
Annual Tax Amount $1,521
Lot Size 0.780 Acres
Acres 0.78
Lot Dimensions 106x358x100x323
Property Sub-Type Multi-Family 5+
Source Stellar MLS
Property Description
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.
Location
State FL
County Charlotte
Community Punta Gorda Isles Sec 23
Area 33983 - Punta Gorda
Zoning RMF15
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Fireplace false
Appliance Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Lighting
Parking Features Driveway, Other
Community Features Golf, Playground, Sidewalks, Tennis Court(s)
Utilities Available Electricity Connected, Public
Roof Type Shingle
Porch Front Porch
Garage false
Private Pool No
Building
Lot Description Oversized Lot
Entry Level Multi/Split
Foundation Slab
Lot Size Range 1/2 to less than 1
Builder Name CONSTELLATION 11 AT DEEP CREEK LLC
Sewer Public Sewer
Water Public
Structure Type Block
New Construction true
Construction Status Under Construction
Schools
Elementary Schools Deep Creek Elementary
Middle Schools Punta Gorda Middle
High Schools Charlotte High
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Monthly Total Fees $17
Acceptable Financing Cash, Conventional
Membership Fee Required Required
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://my.matterport.com/show/?m=zczcTt3BygH&mls=1&ts=1.5
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