Melissa Motta
BEDS4
BATHS
SQUARE FEET1,585
MLS#N6143422
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWARM MINERAL SPGS
Property 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!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,877
Year Built: 1969
Amenities
Thermostat
Hurricane Shutters
Lighting
Sliding Doors
Storage
Feature Descriptions
Additional Rooms: Storage Rooms
Annual Net Income: 24000.00
Appliances: Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
Community Features: Street Lights
Days on Site: 29
Directions: Drive on US-41 (Tamiami Trail) toward North Port.Turn onto De Leon Drive.Continue straight until you reach Margarita Ave.Turn onto Margarita Ave.12125 Margarita Ave will be on your right.
Exterior: Block
Flood Zone Code: X500
Flooring: Ceramic Tile
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.22
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Septic Tank
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Units: 2
Utilities: Cable Connected, Electricity Connected, Water Connected
Water: Well
Water Access Y/N: No
Zoning: RMF3
Local Schools
High School: Venice Senior High
Middle School: Venice Area Middle
Elementary School: Venice Elementary
Listed By / Shown By
Listed By
Agency Name: RE/MAX PALM REALTY OF VENICE
Agency Contact: 941-451-2025
Shown By
Agent Name: Melissa Motta
Agent Phone: (813) 476-5000
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 1,304.80 per month $867.97 Principal & Interest $323.08 Property Tax $113.75 Homeowner's InsuranceChange Payment Information
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12125 Margarita Avenue | MLS# N6143422
This multi-family property located at 12125 Margarita Avenue, North Port, FL 34287 is currently listed for sale with an asking price of $390,000. Search North Port real estate on mmotta.floridaexecutiverealty.com today.