12142 MARGARITA AVENUE North Port, FL $ 245,000
12142 MARGARITA AVENUE
$ 245,000
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12142 MARGARITA AVENUE

North Port, FL, 34287
$ 245,000
Baths0.0 Sq 1,581

Monthly Estimate*

$ 1,509

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View a Virtual Tour
Studio

Multi-Family Home for sale in North Port, FL

for $245,000. This 1,581 square foot home was built in 1955 on a lot size of 0.22.

Priced to Sell – AS-IS! Investor Alert! Rare Opportunity! Warm Mineral Springs Triplex – Income-Producing Property This well-located triplex is not in a flood zone and is priced to sell as-is. It offers strong income potential with long-term tenants already in place. Some updates have already been completed: Water filtration system (2024) Garage roof (2022) Unit B: Freshly painted and updated Unit C: Freshly painted (2023) Unit A: Needs TLC, currently occupied by long-term tenant. Don't miss this rare opportunity to own an income-generating property in the desirable Warm Mineral Springs area. Ideal for buy-and-hold investors or those looking to add value over time.

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Multi-Family Active

Price

$ 245,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,641

Style

Triplex

Lot Size

0.22

Year Built

1955

Town/City

North Port

County/Region

Sarasota

MLS | Web ID

A4662243

Features
General
Sewer Septic Tank
Heating Electric Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Utilities Electricity Connected
Roof Shingle
Appliances Microwave Range
Zoning RSF3
Construction Materials Block Stucco Wood Frame
Year Built 1955
Levels One
Property Subtype Triplex
Tax Year 2024
Ownership Fee Simple
County Sarasota
New Construction false
Property Type Residential Income
Subdivision Name WARM MINERAL SPGS
Garage Y/N false
Status Active
Directions FROM 41 TO DE LEON DR. TO MARGARITA AVE.
City NORTH PORT
Senior Community Y/N false
Number Of Units Total 3
MLS Area 34287 - North Port/Venice
Lot Size Units Square Feet
Lot Size Square Feet 9600
Carport Y/N false
Listing Terms Cash
Land Lease Y/N false
Tax Annual Amount 2641
Ok to Lease 12 Months
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4662243
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 7
Legal Description LOTS 7 & 8 BLK C WARM MINERAL SPRINGS UNIT 52
Water Access Y/N false
Water View Y/N false
Flood Zone Code X500
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Interior
Interior Amenities Ceiling Fan(s)
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None Other
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Lighting
Water Source Private
Lot Size Area 9600
Foundation Details Slab
Number of Buildings 2
Building Area Total 1767
Lot Size Acres 0.22
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
All Seasons Realty Llc

Broker

allseasonsrealtyllc@gmail.com

Email

Affordability Calculator

$1,729
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$245,000 Listed Price

Map


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12142 MARGARITA AVENUE, North Port, FL, 34287 is a Multi-Family Home for sale at $245,000 with 1,581 sqft and a lot size of 0.22. 12142 MARGARITA AVENUE is a studio with 0.0 baths and was built in 1955. The property's zip code is 34287 which is in North Port, FL