12125 Margarita Ave, photo 1
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Overview

4 bd2 ba1,585 sqftDuplex
TypeDuplex
HOANone listed
Built1969
Lot9,600 sqft
Living area1,585 sqft
Price / sqft$237

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

ThermostatHurricane ShuttersLightingStorageStreet LightsElectric Water HeaterMicrowaveRange

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.

From the listing

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!

The essentials

Built
1969
Price / sqft
$237
On market
215 days
Annual tax
$3,877
Flood zone
X500 · Low risk
Lot
9,600 sqft
Type
Duplex

At a glance

Multi-family
Built 1969
9,600 sqft lot
Lot size
1,585 sqft
Living area

Payment

Est. monthly payment
$2,467/mo
Down payment (20%)
$75,000
Property taxes
$323/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
1969
Lot
9,600 sqft
Cooling
Central Air
Heating
Central
Parking
-
Days on Market
215
Thermostat
Hurricane Shutters
Lighting
Storage
Street Lights
Electric Water Heater
Microwave
Range
Refrigerator
Water Filtration System
Water Softener
Elementary
Venice Elementary
Middle
Venice Area Middle
High
Venice Senior High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X500
Annual Tax (2024)
$3,877
Parcel #
0769060031

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Warm Mineral Spgs
County
Sarasota
MLS Area
34287 - North Port/Venice
Lot Size
9,600 sqft

Price history

Date
Event
Price
9/29/2026
Price change
Source: Stellar MLS #N6143422
$375,000-1.3%
$237/sqft
-
Price change
Source: Stellar MLS #N6143422
$380,000-5.0%
$240/sqft
3/12/2026
Listed for sale
Source: Stellar MLS #N6143422
$400,000
$252/sqft

Neighborhood

12125 Margarita Ave
North Port, FL, 34287 · 34287 - North Port/Venice

Market insights

Offer Insights

Choose an offer strength

List price: $375,000
$365,000 – $375,000
97% – 100% of listTops out right at the list price
80% of listList price
152 of the last 302 home closings in 34287 landed at this number or higher (50%). The median one sat 69 days before it went under contract, and this one is on day 215 after a $25,000 cut.

Sample: 302 closed home sales in 34287 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,466/mo
Principal & interest$1,956
Property taxes$323
Insurance$188
Down payment20% · $75,000
Interest rate6.80%
Loan term

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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.

Offer

What should I offer?

Have another question?

Brokered byRE/MAX PALM REALTY OF VENICEListing agent: Regina MelmanListing data from Stellar MLS, MLS# N6143422.

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