12031 Saragossa Ln - Apartments FOR SALE


North Port, FL 34287- Warm Mineral Springs
$535,000 USD
941-525-6818
12031 Saragossa Ln, North Port, FL for Sale
$535,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

12031 Saragossa Ln
North Port, FL 34287
Warm Mineral Springs


HIGHLIGHTS

  • Built in 2020 and fully furnished for immediate use
  • No HOA or CDD fees, maximizing investor returns
  • New A/C units and electric meter upgrades in past 2 years
  • Individually metered units; tenants pay own utilities
  • Minutes from Warm Mineral Springs and Gulf beaches
  • Surrounded by parks, golf courses, and cultural attractions

OVERVIEW

Positioned just minutes from the renowned Warm Mineral Springs, this turnkey multifamily asset offers a compelling income opportunity in one of Southwest Florida’s most desirable lifestyle destinations. Built in 2020 and freshly painted, the property features two end units, each with 2 bedrooms and 2 bathrooms, and comes fully furnished for immediate rental or owner occupancy. With no HOA or CDD fees, investors benefit from reduced overhead and streamlined operations. Each unit is individually metered, and tenants are responsible for their own electricity, enhancing cash flow predictability. Recent upgrades include new A/C units and a house electric meter, ensuring mechanical reliability and long-term efficiency. The property’s location in North Port places it within easy reach of pristine Gulf beaches, marinas, and nature preserves such as Charlotte Harbor and Myakka River State Park—ideal for outdoor enthusiasts and seasonal renters alike. North Port’s vibrant community offers a rich blend of cultural events, boutique shopping, and dining options, while its proximity to major highways and regional airports supports strong tenant demand. With excellent schools, healthcare facilities, and recreational amenities nearby, this property is well-positioned to attract both long-term residents and short-term vacationers. Whether you're seeking a stable income-producing asset or a flexible live-and-rent investment, this multifamily property delivers on location, condition, and potential.

FOR SALE DETAILS

PRICE

$535,000 USD

PRICE/SF

$231 USD /SF

# OF UNITS

2

PRICE/UNIT

$267,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

RMF3

APN/PARCEL ID

0791-04-0026

ASK ABOUT THIS PROPERTY

Regina MelmanRe/Max Palm RealtyMore Info
941-525-6818

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Regina MelmanRe/Max Palm RealtyMore Info
941-525-6818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.