1215 CAPRICORN Boulevard
Property Description
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.
Broker Details
RE/MAX Palm Realty (941) 743-5525
MLS ID: 274500637 State License Number: 657517
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,599,000 |
| No. of Units: | 8 |
| Year Built: | 2025 |
| Lot Size: | 8,664.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $199,875 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 8 |
ID: 3yd-MFRMLSFL-C7516987
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
314 N Domingue Avenue
Lafayette, Louisiana
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout