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About this home
12125 Margarita Ave is a 1969-built home in Warm Mineral Spgs, North Port. Inside you'll find 4 bedrooms, 2 bathrooms, and 1,585 square feet of living space. Listed at $375,000 (about $237/sqft), 215 days on market. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.
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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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$375,000
$237 per sq ft
Beds and baths
4 beds, 2 baths
Size
1,585 sq ft
Time on market
215 days
Year built
1969
Monthly payment
About $2,467/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,877 annual tax bill, insurance.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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