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Description
Price Improvement! Priced to Sell - AS-IS! Investor Alert! Rare Opportunity!Warm Mineral Springs Triplex!Excellent investment opportunity in the desirable Warm Mineral Springs area! This well-located triplex is NOT in a flood zone and offers strong income potential with value-add upside.Recent updates include: Water filtration system installed (2024) Garage roof replaced (2022) Unit B freshly painted and updated (2025) Unit C updated (2023) Unit A requires complete renovation or possible tear-downPerfect for investors, renovators, or buyers seeking a buy-and-hold property with future upside potential. Add value over time while generating rental income.Rare opportunity - priced to sell AS-IS!
Property Highlights
Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Electric, Ductless
Lot Size: 0.22 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $2,641
Year Built: 1955
General Information
Sqft: 1,581
County: Sarasota
Subdivision: WARM MINERAL SPGS
Listed By:
Marina Yanovskiy
ALL SEASONS REALTY LLC
941-244-3491
MLS ID: A4662243
Amenities
Ceiling Fans(s)
Lighting
Property Features
Annual Net Income: 29000.00
Appliances: Microwave, Range
Days on Site: 311
Directions: FROM 41 TO DE LEON DR. TO MARGARITA AVE.
Exterior: Block, Stucco, Frame
Flood Zone Code: X500
Foundation: Slab
Home Warranty Y/N: No
Lease Terms: Twelve Months
Listing Terms: Cash
Lot Dimensions: 0.22
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Triplex
Sewer: Septic Tank
Showing Instructions: 24 Hour Notice, Call Listing Agent, Combination Lock Box
Special Sale Provisions: None
Units: 3
Utilities: Electricity Connected
Water: Private
Water Access Y/N: No
Zoning: RSF3
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Contact an agent to learn more about
12142 Margarita Avenue, North Port, FL 34287.
Estimate Your Payment
Estimated Payment
$ 989.63 per month $708.29 Principal & Interest $220.08 Property Tax $61.25 Homeowner's Insurance