LOT 31 VENETIA AVENUE

Property Details

Description

DUPLEX OPPORTUNITY | RMF1 ZONING | WARM MINERAL SPRINGS | BUILD & INVEST! INVESTORS & BUILDERS—DON’T MISS THIS OPPORTUNITY! Residential Lot 31 in the Warm Mineral Springs area of North Port, ideally located just minutes from the world-famous Warm Mineral Springs and its natural mineral waters. This property is zoned RMF1, offering excellent potential for residential development, including a duplex or single-family residence, subject to applicable City of North Port approvals and development requirements. The approximately 7,500-square-foot lot provides a great opportunity to build and hold, build and sell, or create an income-producing investment. Lot 31 can potentially be combined with the adjacent Lot 30, creating a larger double-lot site and opening the door to additional development possibilities, subject to confirmation and approval by the appropriate authorities. FINANCIAL ANALYSIS FOR BUILDING A DUPLEX IS ATTACHED, along with a list of RMF zoning entitlements, providing buyers with valuable information for evaluating the property's development potential. North Port's zoning regulations recognize duplexes as a permitted residential use in applicable multifamily zoning, with development subject to site-plan, subdivision, parking, setback, and other requirements. Located in the desirable Warm Mineral Springs area, this property offers convenient access to US-41, shopping, restaurants, schools, medical services, and the Gulf Coast lifestyle. Whether you're looking for your next development project, investment property, or future income-producing duplex, this is an opportunity worth exploring! RMF1 ZONING + DUPLEX POTENTIAL + POSSIBLE DOUBLE LOT + DEVELOPMENT ANALYSIS = INVESTOR OPPORTUNITY! Buyer to independently verify zoning, permitted uses, setbacks, utilities, lot combination requirements, development standards, and all other information with the City of North Port and applicable agencies.

Facts & Costs

Property type

Land

Zoning

RMF1

Current use

Residential

Lot dimensions

75x100

Price per acre

$229,412

Road surface

Asphalt, Paved

Lot size

7,500 sq ft

Days on market

13

Waterfront

No

Community

Warm Mineral Springs

Subdivision

WARM MINERAL SPGS

County

Sarasota

Flood zone

X

Monthly & yearly costs

Property taxes

$253 / year (2025)

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

Utilities & lot

Utilities

Electricity Available

Sewer

Septic Needed

Water

Well Required

Payment Estimate

$218 / month

Principal & interest

$197

Property taxes

$21

HOA

$0

Home insurance

enter below

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