$86,000
Lot 18,19,20 Margarita Avenue
North Port, FL 34287
Listing updated: April 5, 2026 at 2:12 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
OVERSIZED LOT!!! MULTI-FAMILY RESIDENTIAL, CLEAN LOT JUST 5 MINUTES WALK FROM THE WARM MINERAL SPRINGS!!!No HOA/ CDD! NO FLOOD INSURANCE REQUIRED! Within minutes drive you can be at WELLEN PARK, the new Atlanta Braves Training Stadium, Cool Today Park, and the highly anticipated new Costco store!!! Perfect location to build your new home in the fast growing city. Close to shopping, restaurants, and River. Within minutes drive , you can be at Manasota Beach on the Gulf of Mexico, Aquatic Center, and much more. Don't miss out on the GREAT LOCATION FOR YOUR DREAM HOME OR NEXT INVESTMENT!
Local Insight
At $6 per square foot in Warm Mineral Springs, you're getting raw land in a historically affordable area, but the X500 flood zone designation means this lot sits outside the mapped floodplain—a genuine advantage for insurability and resale compared to nearby properties. The three adjacent lots give you flexibility for a larger development footprint, though you'll want to verify utilities and road access on Margarita Avenue before committing, since vacant land in this subdivision can sometimes have infrastructure gaps. This price point attracts investors and builders, so comparable sales and zoning restrictions (if any) should be your first deep dives before making an offer.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history352 days on market
- Status: ActiveApr 18, 2025
- Listed$95,000Apr 18, 2025
- Price reduced$86,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 352
- Subdivision
- Warm Mineral Spgs
- County
- Sarasota
- Price/sq ft
- $6
- Lot size
- 14,400 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X500 (12115C0370F)
- Annual taxes
- $635 (2023)
- Parcel #
- 0769060029
- Zoning
- RMF3
- MLS #
- N6138537
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Septic Needed
- Water source
- Well Required
- Utilities
- Cable Available, Electricity Available, Utility Pole, Water Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-04-18
- On market date
- 2025-04-18
- Original list price
- $95,000
- MLS area
- 34287 - North Port/Venice
- Listing AOR
- Venice
- Status changed
- 2025-04-18
- Tax legal description
- LOTS 18 19 & 20 BLK A WARM MINERAL SPRINGS UNIT 52
Flood risk
Moderate-risk area (0.2% annual-chance / “500-year” floodplain). Flood insurance is recommended but usually not required.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From US 41 turn left onto Ortiz Blvd then turn left onto Margarita Ave. The property will be on the left.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 5, 2026 at 2:12 PM ET. 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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