Susan Froman

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Listing provided courtesy of RE/MAX PALM REALTY OF VENICEas Distributed by MLSGrid- MLS# MFRN6143422MLS Provider

12125 MARGARITA AVENUENORTH PORT, FL 34287

Multi-Family · 4 Beds · 1,585 Sq. ft. | 0.22 Acres
$380,000 Active

12125 MARGARITA AVENUE Overview

Time on Site:
103 days
Visits:
0

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!

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12125 MARGARITA AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,585
  • Price/Sq.ft. $240
  • Lot 0.22 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • Elementary School: Venice Elementary
  • Middle Or Junior School: Venice Area Middle
  • High School: Venice Senior High

Building Information

  • New Construction: No
  • Year Built: 1969

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34287 - North Port/Venice
  • Subdivision Name: WARM MINERAL SPGS
  • Township: 39

Community/Development

  • Community Features: Street Lights

Tax Information

  • Tax Annual Amount: 3877
  • Tax Year: 2024

General Information

  • Furnished: Unfurnished
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Parcel Number: 0769060031
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: RMF3

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 2410
  • Building Area Units: Square Feet

General Information

  • Appliances: Electric Water Heater,Microwave,Range,Refrigerator,Water Filtration System,Water Softener
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Foundation Details: Slab
  • Heating: Central
  • Interior Features: Thermostat
  • Laundry Features: Laundry Room
  • Levels: One
  • Living Area: 1585
  • Living Area Source: Public Records
  • Living Area Units: Square Feet

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9600
  • Road Surface Type: Asphalt,Paved
  • Water Source: Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block
  • Roof: Shingle

General Information

  • Carport Spaces: 2
  • Carport: Yes
  • Exterior Features: Hurricane Shutters,Lighting,Sliding Doors,Storage
  • Number Of Units Total: 2
  • Pool Private: No
  • Sewer: Septic Tank
  • Utilities: Cable Connected,Electricity Connected,Water Connected

12125 MARGARITA AVENUE Neighborhood

Community

34287 (NORTH PORT) Demographics

57
Median Age
1,669
Population Density (per sq. mile)
31%
College Educated
$52,793
Estimated Median Income
8,700
Estimated Total Home Owners
2,595
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data unavailable, School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12125 MARGARITA AVENUE Monthly Cost

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Dylan Leitman
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12125 MARGARITA AVENUE Market Data

Based on the last 30 days in this zip code

$269,106
Average List Price
$183
Average Price per Square Foot
60
Properties Sold
153
Average Days on Market
428
Properties for Sale
Calculations provided by Reliance Network

12125 MARGARITA AVENUE History

Date Event Value Agent
6/1/2026Source: My Florida Regional MLS Price Reduction
$380,000 -2.6%
3/31/2026Source: My Florida Regional MLS Price Reduction
$390,000 -2.5%
3/19/2026Source: My Florida Regional MLS Added to Database
March 19, 2026
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022