This 1.35-acre development-ready parcel at 1227 Capricorn Boulevard is zoned RMF15, allowing up to 20 multifamily units. The site offers level topography, direct road frontage, and proximity to public utilities including water, sewer, and electric. Located within a deed-restricted neighborhood, it benefits from surrounding residential stability and high market appeal. Ideal for investors or developers, the property is ready to meet the rising demand for housing in this fast-growing region of Southwest Florida. Located in Punta Gorda’s desirable Deep Creek community, this 1.35-acre parcel offers convenient access, visibility, and positioned minutes from I-75. It provides excellent connectivity to Sarasota, Fort Myers, and Southwest Florida International Airport. The area features a blend of residential, recreational, and commercial amenities, making it attractive to renters and developers alike. Nearby parks, golf courses, shopping centers, and schools contribute to a high quality of life and strong local housing demand.