Lots 1-4 TAMIAMI TRAIL

NORTH PORT, FL 34287

Listing courtesy of SUNQUEST REAL ESTATE LLC · MLS# T3538191

$250,000

Active

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Can rezone to build 2 Triplex or Duplexes

Property Details

Lot size

0.73 acres

Zoning

OUR

Price / acre

$342,466

MLS#

T3538191

Listed

July 1, 2024

Description

RMF-1/RMF2 rezoning path confirmed by County planning email, supporting the opportunity to build 2 triplexes for a total of 6 residential units, with sewer and water confirmed by the City of North Port. This centrally located North Port parcel on US-41 offers a strong opportunity for an investor seeking rental income, future appreciation, or both. Positioned between Downtown Wellen Park and Port Charlotte, with convenient access to Interstate 75, beaches, golf, hiking trails, Warm Mineral Springs, and everyday amenities, this location supports strong long-term desirability for tenants and seasonal users alike. OPI may also be possible, though the clearest and most immediate opportunity is residential multifamily development. Owner financing may be available for qualified buyers.

Facts & Costs

Property type: Land
Zoning: OUR
Current use: Residential
Lot dimensions: 160x201
Price per acre: $342,466
Road surface: Asphalt
Lot size: 0.73 acres
Days on market: 822
Waterfront: No
Community: Warm Mineral Springs
Subdivision: WARM MINERAL SPGS
County: Sarasota
Flood zone: X500

Monthly & yearly costs

Property taxes: $1,345 / year (2023)

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

Utilities & lot

Utilities: Electrical Nearby, Water Available, Water Nearby
Sewer: Public Sewer
Water: Public

Payment Estimate

$1,376 / month

Principal & interest: $1,264
Property taxes: $112
HOA: $0
Home insurance: enter below

Down payment (20%)$50,000Interest rate (%)Loan termHome insurance ($/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

Information deemed reliable but not guaranteed.

Listings courtesy of Stellar MLS as distributed by MLS GRID

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