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$245,000

  • For Sale
  • Active
  • Triplex
  • 1,581 Sq. Ft.
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Priced to Sell - AS-IS! Investor Alert! Rare Opportunity! Warm Mineral Springs Triplex - Income-Producing Property This well-located triplex is not in a flood zone and is priced to sell as-is. It offers strong income potential with long-term tenants already in place. Some updates have already been completed: Water filtration system (2024) Garage roof (2022) Unit B: Freshly painted and updated Unit C: Freshly painted (2023) Unit A: Needs TLC, currently occupied by long-term tenant. Don't miss this rare opportunity to own an income-generating property in the desirable Warm Mineral Springs area. Ideal for buy-and-hold investors or those looking to add value over time.

Full Property Details for 12142 Margarita Ave

General

  • Price: $245,000
  • Taxes: $2,641 (2024)
  • Status: Active
  • Type: Triplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: A4662243
  • Updated: 8/17/2025
  • Added to Site: 155 day(s) ago

Rental Information

  • Lease/Rent Term: 12 Months

Interior

  • Interior Features: Ceiling Fan(s)
  • Appliances: Microwave, Range

Rooms

Other Rooms

  • Laundry: None, Other

Exterior

  • Exterior Features: Lighting

Location

  • Area: 34287 - North Port/Venice
  • County: Sarasota
  • Development Name: 34287 - North Port/Venice
  • Subdivision: WARM MINERAL SPGS
  • Driving Directions: FROM 41 TO DE LEON DR. TO MARGARITA AVE.

Community

  • Community Name: 34287 - North Port/Venice

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Electric, Wall Units / Window Unit

Utilities

  • Sewer: Septic Tank
  • Water: Private
  • Utility Description: Electricity Connected

Structural Information

  • # Buildings: 2
  • Exterior Const.: Block, Stucco, Wood Frame
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,581
  • Sq. Ft. Source: Appraiser
  • Year Built: 1955

Lot Features

  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,600
  • Lot Size: 9600
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $2,641
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LOTS 7 & 8 BLK C WARM MINERAL SPRINGS UNIT 52
  • Flood Zone Info: X500
  • APN: 769030066
  • Property ID: 769030066
  • Block/Lot/Section: C

Listed by All Seasons Realty Llc

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Listing agent

— 12142 Margarita Ave —

  • All Seasons Realty Llc

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12142 Margarita Ave

School District:Sarasota County School District
NameGradesDistance
Glenallen Elementary School
7050 Glenallen Boulevard, North Port, FL 34287
PK-51.9 mi
North Port High School
6400 West Price Boulevard, North Port, FL 34291
9-122.6 mi
Heron Creek Middle School
6501 West Price Boulevard, North Port, FL 34291
6-82.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12142 Margarita Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/16/2025
Listed
$245,000
68.97%
MLS
3/16/2005
Sold
$145,000
—
Public Record
Get Price Alerts and Save Property
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 for 12142 Margarita Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,641
19%
$188,300
32%
2023
$2,222
11%
$142,200
17%
2022
$2,008
7%
$121,500
19%
2021
$1,871
—
$102,300
15%
2021
$1,871
22%
$89,300
21%
2019
$1,538
6%
$73,857
10%
2018
$1,449
-3%
$67,143
-4%
2017
$1,498
4%
$69,800
10%
2016
$1,435
8%
$63,600
26%
2015
$1,331
2%
$50,445
10%
2014
$1,311
6%
$45,859
10%
2013
$1,239
—
$41,690
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by All Seasons Realty Llc

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12142 Margarita Avenue, North Port, FL 34287 (MLS# A4662243) is a Triplex property with 0 bedrooms and 0 full bathrooms. 12142 Margarita Avenue is currently listed for $245,000 and was received on August 16, 2025. Want to learn more about 12142 Margarita Avenue? Do you have questions about finding other Triplex 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.

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