12125 MARGARITA AVENUE

NORTH PORT, FL 34287

Listing courtesy of RE/MAX PALM REALTY OF VENICE · MLS# N6143422

$375,000

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Property Details

Units

Square feet

1,585

Net income / yr

$24,000

MLS#

N6143422

Listed

March 19, 2026

Description

LOCATION! POTENTIAL! Excellent opportunity to own a beautiful short-term or long-term rental property just walking distance to the world-famous Warm Mineral Springs! This property offers strong investment potential in one of the most desirable areas of North Port.NOT FLOOD ZONE! NICELY UPDATED! Both units feature tile flooring throughout, a beautiful modern kitchen with granite countertops, tile backsplash, stainless steel appliances, and fully equipped kitchens. The bathrooms have been completely remodeled, and each unit includes its own laundry area for added convenience. Major updates completed : include electric panels, water filtration system, windows, gutters, and paved driveway, giving buyers peace of mind. Each unit also offers a full carport plus additional paved driveway parking. Additional features include a storage shed in the backyard and solid mechanical updates: Roof (2025), both drainfields replaced in November 2012, NEW WELL & PUMP 2025,A/C in Unit 1 (2015) and Unit 2 (August 2018). Located close to shopping, restaurants, banking, and medical facilities, and only 15–20 minutes from the beautiful Gulf beaches in Venice and Englewood. Nothing to do but start generating income. Don’t delay—schedule your showing today!

Facts & Costs

Property type: Duplex
Units: 2
Net income: $24,000 / year
Zoning: RMF3
Year built: 1969
Lot size: 9,600 sq ft
Price per sq ft: $237
Days on market: 195
Private pool: No
Waterfront: No
Community: Warm Mineral Springs
Subdivision: WARM MINERAL SPGS
County: Sarasota
Flood zone: X500

Monthly & yearly costs

Property taxes: $3,877 / year (2024)

As reported by the listing agent. Verify with the HOA and county.

Construction & systems

Heating: Central
Cooling: Central Air
Flooring: Ceramic Tile
Roof: Shingle
Construction: Block

Payment Estimate

$2,219 / month

Principal & interest: $1,896
Property taxes: $323
HOA: $0
Home insurance: enter below

Down payment (20%)$75,000Interest rate (%)Loan termHome insurance ($/year)

Estimate only, not a loan offer. Rate is a starting value; taxes and HOA are as reported by the listing agent. Florida insurance (including flood) varies widely. Ask George for a lender referral.

Location

Features & Amenities

Electric Water Heater
Microwave
Range
Refrigerator
Water Filtration System
Water Softener
Thermostat
Hurricane Shutters
Lighting
Storage

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of Sep 30, 2026, 7:45 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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