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Off-Market$162K spread
+14 photos
Sarasota County · Venice, FL 34287
Cash Deal in NORTH PORT, FL 34287
$173,000
$162K spread
About this property
Property Details
- Address: 12142 MARGARITA AVE, NORTH PORT, FL 34287
- Bed/Bath: Bed / 0 Bath
- Square Footage: 1,581 sqft
- Year Built: 1955
- HOA Restrictions: No HOA
- Multi-Unit: 3 unit
Features + Amenities
- Furnished: No
- Pool: No
- Tenant Occupied: N/A
- Monthly Rent: N/A
- Est. Repairs: N/A
Financing Details
- Purchase Price: $173,000
- Est. ARV: $335,000
- PP Percent of ARV: $335,000%
Monthly Payments
Exit Scenarios
- Est. Average LTR: $1,473
- Est. Average STR: $1,791
Additional Details
Rare Warm Mineral Springs triplex with strong income potential and not located in a flood zone-ideal for investors, renovators, or buy-and-hold buyers. Recent updates include a water filtration system (2024), garage roof replacement (2022), Unit B freshly painted/updated (2025), Unit C updated (2023), while Unit A requires complete renovation or possible tear-down.
Property snapshot
Layout2 Bed / 2 Bath
Living area1,086 sq ft
Year built1955
Property typeMulti-Family
CountySarasota County
Deal details
Asking price$173,000
ARV estimate$335,000
Spread (ARV − asking)$162,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134
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