Land - Real Estate in North Port
Listing Price: $39,000 (Mortgage Calculator →)Property Use:
Description of Property
DUPLEX OPPORTUNITY | RMF1 ZONING | WARM MINERAL SPRINGS | BUILD & INVEST! INVESTORS & BUILDERS—DON’T MISS THIS OPPORTUNITY! Residential Lot 31 in the Warm Mineral Springs area of North Port, ideally located just minutes from the world-famous Warm Mineral Springs and its natural mineral waters. This property is zoned RMF1, offering excellent potential for residential development, including a duplex or single-family residence, subject to applicable City of North Port approvals and development requirements. The approximately 7,500-square-foot lot provides a great opportunity to build and hold, build and sell, or create an income-producing investment. Lot 31 can potentially be combined with the adjacent Lot 30, creating a larger double-lot site and opening the door to additional development possibilities, subject to confirmation and approval by the appropriate authorities. FINANCIAL ANALYSIS FOR BUILDING A DUPLEX IS ATTACHED, along with a list of RMF zoning entitlements, providing buyers with valuable information for evaluating the property's development potential. North Port's zoning regulations recognize duplexes as a permitted residential use in applicable multifamily zoning, with development subject to site-plan, subdivision, parking, setback, and other requirements. Located in the desirable Warm Mineral Springs area, this property offers convenient access to US-41, shopping, restaurants, schools, medical services, and the Gulf Coast lifestyle. Whether you're looking for your next development project, investment property, or future income-producing duplex, this is an opportunity worth exploring! RMF1 ZONING + DUPLEX POTENTIAL + POSSIBLE DOUBLE LOT + DEVELOPMENT ANALYSIS = INVESTOR OPPORTUNITY! Buyer to independently verify zoning, permitted uses, setbacks, utilities, lot combination requirements, development standards, and all other information with the City of North Port and applicable agencies.
Property Details At A Glance
Property Type: Land
City: North Port
County: Sarasota
Subdivision: Warm Mineral Spgs
Annual Tax: $253
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
Schools
Elementary School: Glenallen Elementary
Middle/Junior High School: Heron Creek Middle
High School: North Port High
Sewer: Septic Needed
Water Source: Well Required
Lot Information
Lot Size (acres): 0.17
Lot Size (sq. ft.): 7,500 square feet
Lot Dimensions: 75 x 100
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 0770070023
Zoning: RMF1
Tax Legal Desc.: LOT 31 BLK 41 WARM MINERAL SPRINGS REPLAT OF UNIT 85
Section: 25
Range: 20E
Listing courtesy of RE/MAX PALM REALTY OF VENICE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.