$375,000
Active12125 Margarita Ave, North Port, FL 34287
4 beds · 2 baths · 1,585 sq ft
Listing courtesy of RE/MAX PALM REALTY OF VENICE · MLS# N6143422
223 days on market
Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .
About this home
What’s special
- Dual rental units
- Not in flood zone
- Full carport parking
- Storage shed
- New well and pump
- Replaced drainfields
AI-selected highlights from the listing description below.
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!
Facts
- Property type
- Duplex
- Year built
- 1969
- Living area
- 1,585 sqft
- Lot size
- 0.22 acres
- Private pool
- No
- Furnished
- Unfurnished
- Flood zone
- X500
- CDD
- No
- 55+ community
- No
- Annual taxes
- $3,877/yr
- Listed
- Mar 12, 2026
- MLS #
- N6143422
Price & status history
- Listed for $400,000
- Price reduced to $375,000from $380,000
Virtual tour
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Estimate the monthly payment
Estimate by Lasbury Tracy Realty — not a loan offerStarting figures for 12125 MARGARITA AVE. Everything below is editable.
AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.
From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.
Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.
Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.
Include condo, HOA, and master-association dues. CDD assessments usually arrive on the tax bill instead.
AssumptionNot applied — your down payment is 20% or more.
Estimated total monthly payment
$2,532
$1,896 of that is principal & interest. 25% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.
- Principal & interest
- $1,896
- Property taxes
- $323
- Homeowners insurance
- $313
- Flood insurance
- $0
- HOA / condo fees
- $0
- Mortgage insurance (PMI)
- $0
- Total per month
- $2,532
Over the life of the loan
- Loan amount
- $300,000
- Down payment
- $75,000
- Total interest
- $382,633
- Principal + interest paid
- $682,633
- Paid off in
- 2056
Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.
Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.
Take a tour
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12125 Margarita Ave, North Port, FL 34287
Listing courtesy of RE/MAX PALM REALTY OF VENICE · MLS# N6143422 · Active
Where this home is
Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.
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