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$375,000

12125 MARGARITA AVENUE, NORTH PORT, FL 34287

3D Tour
Active201 days on market

Beds

4

Baths

2

Sq Ft

1,585 sq ft

Year Built

1969

Lot Size

0.22 acres

Garage

,

About This Property

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!

Property Overview

Property TypeResidential Income
Sub TypeDuplex
MLS #N6143422
StatusActive
Year Built1969
ConstructionBlock
RoofShingle
FoundationSlab
SubdivisionWARM MINERAL SPGS
CountySarasota
OwnershipFee Simple

Interior Features

InteriorThermostat
FlooringCeramic Tile
AppliancesElectric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
LaundryLaundry Room
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorHurricane Shutters, Lighting, Sliding Doors, Storage
Lot Size0.22 acres (9,600 sq ft)
Road SurfaceAsphalt, Paved
0

Utilities

WaterWell
SewerSeptic Tank
UtilitiesCable Connected, Electricity Connected, Street Lights, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$375,000
Original Price$400,000
Annual Taxes$3,877 (2024)
FinancingCash, Conventional, FHA, VA Loan
ZoningRMF3
Parcel #0769060031

Schools

ElementaryVenice Elementary
MiddleVenice Area Middle
HighVenice Senior High

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.

Location

12125 MARGARITA AVENUE, NORTH PORT, FL 34287

Listing Information

OfficeRE/MAX PALM REALTY OF VENICE
ListedMarch 19, 2026

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Scheduling is free, and you can cancel anytime.

Home Price

$375,000

20% ($75,000)
6.75%

Loan Term

Principal & Interest$1,946
Property Tax (est.)$344
Insurance (est.)$150
Total Monthly$2,440
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $375,000 home in NORTH PORT.

🏛️

FHA Loan

$13,125 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$18,750 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Sarasota County SHIP

Varies

Income-qualifying Sarasota residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: September 29, 2026.

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