$390,000
12125 Margarita Avenue
North Port, FL 34287
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
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 history12 days on market
- Status: ActiveMar 19, 2026
- Listed$400,000Mar 19, 2026
- Price reduced$390,000
Virtual Tour
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 12
- Subdivision
- Warm Mineral Spgs
- County
- Sarasota
- Year built
- 1969
- Living area
- 1,585 sq ft
- Price/sq ft
- $246
- Building area
- 2,410 sq ft (Public Records)
- Lot size
- 9,600 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X500 (12115C0370F)
- Annual taxes
- $3,877 (2024)
- Parcel #
- 0769060031
- Zoning
- RMF3
- MLS #
- N6143422
Interior Details
- Bedrooms
- 4
- Flooring
- Ceramic Tile
- Appliances
- Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
- Interior features
- Thermostat
- Laundry
- Laundry Room
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Hurricane Shutters, Lighting, Sliding Doors, Storage
- Construction materials
- Block
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Well
- Utilities
- Cable Connected, Electricity Connected, Water Connected
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
- 2026-03-12
- On market date
- 2026-03-19
- Original list price
- $400,000
- MLS area
- 34287 - North Port/Venice
- Listing AOR
- Venice
- Status changed
- 2026-03-19
- Tax legal description
- LOTS 16 & 17 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
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.
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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 March 31, 2026 at 2:16 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.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA