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$400,000 Just Listed
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Property Description
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, 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!
Full Property Details
Full Property Details for 12125 Margarita Ave
General
- Price: $400,000
- Taxes: $3,877 (2024)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: N6143422
- Updated: 3/21/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Thermostat
- Appliances: Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System, Water Softener
- Furnishings: Unfurnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Hurricane Shutters, Lighting, Sliding Doors, Storage
Parking
- Carports: Yes
- Carport: 2
- Carport Spaces: 2
- Covered Spaces: 2
Location
- Area: 34287 - North Port/Venice
- County: Sarasota
- Development Name: 34287 - North Port/Venice
- Subdivision: WARM MINERAL SPGS
- Driving 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.
School Information
- Elementary School: Venice Elementary
- Middle School: Venice Area Middle
- High School: Venice Senior High
Community
- Community Name: 34287 - North Port/Venice
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable Connected, Electricity Connected, Street Lights, Water Connected
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,585
- Sq. Ft. Source: Public Records
- Year Built: 1969
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,600
- Lot Size: 9600
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Tax Amount: $3,877
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 16 & 17 BLK A WARM MINERAL SPRINGS UNIT 52
- Flood Zone Info: X500
- APN: 769060031
- Property ID: 769060031
- Block/Lot/Section: A
Listed by Re/Max Palm Realty Of Venice
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Schools
Schools serving 12125 Margarita Ave
School District:Sarasota County School District
| Name | Grades | Distance |
|---|---|---|
Glenallen Elementary School 7050 Glenallen Boulevard, North Port, FL 34287 | PK-5 | 1.9 mi |
North Port High School 6400 West Price Boulevard, North Port, FL 34291 | 9-12 | 2.6 mi |
Heron Creek Middle School 6501 West Price Boulevard, North Port, FL 34291 | 6-8 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12125 Margarita Ave
Date
Details
Price
Change
Source
3/19/2026
Listed
$400,000
175.86%
MLS
8/08/2018
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 12125 Margarita Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,064
-21%
$278,900
—
2024
$3,900
1%
$279,800
-8%
2023
$3,870
38%
$304,700
82%
2021
$2,806
-20%
$167,000
-36%
2022
$3,500
25%
$262,400
87%
2021
$2,806
31%
$140,300
14%
2019
$2,149
32%
$123,600
55%
2018
$1,628
5%
$79,594
-5%
2017
$1,548
8%
$83,700
16%
2016
$1,440
8%
$71,900
20%
2015
$1,335
-2%
$59,800
1%
2014
$1,366
8%
$59,180
10%
2013
$1,268
—
$53,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12125 Margarita Ave
12125 Margarita Avenue, North Port, FL 34287 (MLS# N6143422) is a Duplex property with 6 bedrooms and 0 full bathrooms. 12125 Margarita Avenue is currently listed for $400,000 and was received on March 19, 2026. Want to learn more about 12125 Margarita Avenue? Do you have questions about finding other Duplex real estate for sale in North Port? You can browse all North Port real estate or contact a Coldwell Banker agent to request more information.

