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.
| MLS # | C7516987 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $205 |
| Sub-Type | For-sale |
| Status | Active |
| Year | 2025 |
| Days On Site | 349 |
| Listing Provided By | RE/MAX PALM REALTY | Bryan French |
| Bed(s) | 16 |
|---|---|
| Bath(s) | 8 |
| SQ Feet | 8,664 |
| Units | 8 |
| Zoning | RMF15 |
| Acreage | 0.78 |
| Property | 1521 |
|---|
| State | FL |
|---|---|
| County | Charlotte |
| City | PUNTA GORDA |
| Zip Code | 33983 |
| Area | 33983 Punta Gorda |
| Subarea | Deep Creek |
| Community Name | PUNTA GORDA ISLES SEC 23 |
| School District | Charlotte High |
| Elementary School | Deep Creek Elementary |
| High School | Charlotte High |
| Listing VS Median (in PUNTA GORDA ISLES SEC 23) | |
Price: $1,599,000 low | high Med: $357,500 sqft: 8,664 low | high Med: 1,740 $ / sqft: $185 low | high Med: $206 On site: 349 low | high Med: 88 | |
| State | FL |
|---|---|
| County | Charlotte |
| City | PUNTA GORDA |
| Zip Code | 33983 |
| Area | 33983 Punta Gorda |
| Subarea | Deep Creek |
| Community Name | PUNTA GORDA ISLES SEC 23 |
| School District | Charlotte High |
| Elementary School | Deep Creek Elementary |
| High School | Charlotte High |
| Listing VS Median (in PUNTA GORDA ISLES SEC 23) | |
Price: $1,599,000 low | high Med: $357,500 sqft: 8,664 low | high Med: 1,740 $ / sqft: $185 low | high Med: $206 On site: 349 low | high Med: 88 | |