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!
For sale
Price cut: $10K (6/2)
$380,000
12125 MARGARITA AVENUE, NORTH PORT, FL 34287
4beds
2baths
1,585sqft
Duplex, Multi Family
Built in 1969
-- sqft lot
$367,600 Zestimate®
$240/sqft
$-- HOA
What's special
Full carportGranite countertopsFully equipped kitchensBeautiful modern kitchenTile flooring throughoutStainless steel appliancesAdditional paved driveway parking
- 160 days |
- 338 |
- 26 |
Zillow last checked:
Listing updated:
Listed by:
Regina Melman 941-525-6818,
RE/MAX PALM REALTY OF VENICE 941-451-2025
Source: Stellar MLS,MLS#: N6143422
Originating MLS: Venice

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Rooms
- Room types: Storage Rooms
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
- Laundry: Laundry Room
Features
- Thermostat
- Flooring: Ceramic Tile
- Doors: Sliding Doors
- Windows: Hurricane Shutters
- Has fireplace: No
Interior area
- Total structure area: 2,410
- Total interior livable area: 1,585 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Storage
Lot
- Size: 9,600 Square Feet
Details
- Parcel number: 0769060031
- Zoning: RMF3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Connected, Electricity Connected, Street Lights, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: WARM MINERAL SPGS
HOA
- Has HOA: No
Location
- Region: North Port
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $278,900
- Annual tax amount: $3,877
- Date on market: 3/19/2026
- Cumulative days on market: 90 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Estimated market value
Zestimate®
$367,600
Estimated sales range
$349,000 - $386,000
Rent Zestimate®
$1,666/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Price change | $380,000-2.6%$240/sqft |
Source: | ||
| 3/31/2026 | Price change | $390,000-2.5%$246/sqft |
Source: | ||
| 3/19/2026 | Listed for sale | $400,000+79.4%$252/sqft |
Source: | ||
| 5/29/2020 | Sold | $223,000-7.1%$141/sqft |
Source: Public Record Report a problem | ||
| 5/17/2020 | Pending sale | $240,000$151/sqft |
Source: ALL SEASONS REALTY LLC #A4467088 Report a problem | ||
| 5/12/2020 | Listed for sale | $240,000+65.5%$151/sqft |
Source: ALL SEASONS REALTY LLC #A4467088 Report a problem | ||
| 8/10/2018 | Sold | $145,000+11.5%$91/sqft |
Source: Public Record Report a problem | ||
| 2/22/2008 | Sold | $130,000$82/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,039 +3.5% | $244,505 +10% |
| 2024 | $3,900 +0.8% | $222,277 +10% |
| 2023 | $3,870 +10.6% | $202,070 +10% |
| 2022 | $3,500 +23.4% | $183,700 +10% |
| 2021 | $2,835 +14.7% | $167,000 +22.8% |
| 2020 | $2,471 +15% | $135,960 +10% |
| 2019 | $2,149 | $123,600 +33.8% |
| 2018 | $2,149 +32% | $92,400 +27.7% |
| 2017 | $1,628 +21.9% | $72,358 +0.6% |
| 2016 | $1,335 -7.3% | $71,900 +20.2% |
| 2015 | $1,440 +7.9% | $59,800 +11.2% |
| 2014 | $1,335 +5.3% | $53,800 |
| 2013 | $1,268 -6.6% | $53,800 -11.7% |
| 2012 | $1,358 +0.8% | $60,900 -0.7% |
| 2011 | $1,348 -12.2% | $61,300 -16.6% |
| 2010 | $1,534 -26.5% | $73,500 +1.1% |
| 2009 | $2,088 | $72,700 -37.9% |
| 2008 | $2,088 -9.5% | $117,000 -13.2% |
| 2007 | $2,307 | $134,800 +6.4% |
| 2006 | -- | $126,700 +38% |
| 2005 | -- | $91,800 +31.1% |
| 2004 | $1,598 -0.4% | $70,000 +3.2% |
| 2003 | $1,604 -0.5% | $67,800 +5.4% |
| 2002 | $1,612 +10.2% | $64,300 +10.1% |
| 2001 | $1,463 +4.2% | $58,400 +5.2% |
| 2000 | $1,405 | $55,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Warm Mineral Springs
Nearby schools
GreatSchools rating
- 5/10Glenallen Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 8/10Heron Creek Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10North Port High SchoolGrades: PK,9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Venice Elementary
- Middle: Venice Area Middle
- High: Venice Senior High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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