Built-2020 Duplex with Bonus
12025 SARAGOSSA LANE North Port, FL 34287
12025 SARAGOSSA LANE, North Port, FL, 34287
$459,000
Pending
For Sale
$459,000
Pending
Duplex - NORTH PORT, FL
Property Size2,312 SF
Lot Size0.26 Acres
Days on Market185
Property Features for 12025 SARAGOSSA LANE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RMF3
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
- Parking features
- Garage, Garage - Attached
- Interior features
- Thermostat
- Exterior features
- Rain Gutters
- Standard status
- Pending
- APN
- 0791040028
- Size
- 2,312 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6542
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2020
- Number of units
- 2
- Building materials
- Block, Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
RE/MAX PALM REALTY OF VENICE
(941) 451-2025
2095 Tamiami Trail South, Port Charlotte, FL
Listed by
Regina Melman · License #3455400
(941) 525-6818
Added: Jan 13 Checked: Jul 17 at 1:06 am
MLS# N6142117
Listing URL
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2020-built duplex features two end units, each with two bedrooms, two bathrooms, and a bonus room. The property has been freshly painted, and several upgrades to the major mechanicals are noted, including new A/C units installed within the last two years. The units are individually metered, and tenant electricity responsibility is described as tenant-paid, supported by the installation of a house electric meter.
Located in North Port, Florida in Sarasota County, the home is described as minutes away from Warm Mineral Springs. The listing also notes the property is currently under a Letter of Map Amendment (LOMA) process intended to remove the property from the flood zone. Zoning is listed as RMF3, and the property is presented as having no HOA or CDD.
For investors or owner-occupants seeking a residential income configuration, the duplex setup offers separate end-unit layouts with individual metering and tenant-paid electricity. Recent mechanical updates, including newer A/C units, may be of interest for near-term operational planning. The ongoing LOMA process is a practical consideration for any buyer evaluating insurance and flood-zone status as part of their due diligence.
Located in North Port, Florida in Sarasota County, the home is described as minutes away from Warm Mineral Springs. The listing also notes the property is currently under a Letter of Map Amendment (LOMA) process intended to remove the property from the flood zone. Zoning is listed as RMF3, and the property is presented as having no HOA or CDD.
For investors or owner-occupants seeking a residential income configuration, the duplex setup offers separate end-unit layouts with individual metering and tenant-paid electricity. Recent mechanical updates, including newer A/C units, may be of interest for near-term operational planning. The ongoing LOMA process is a practical consideration for any buyer evaluating insurance and flood-zone status as part of their due diligence.
Key Highlights
- Built in 2020 with block and stucco construction and a shingle roof
- No HOA or CDD reported
- Two end units: each has 2 bedrooms, 2 baths, plus a bonus room
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.5k | $16.20 |
| − Vacancy | −$3.7k | −$1.60 |
| EGI | $33.8k | $14.60 |
| − OpEx | −$10.1k | −$4.38 |
| NOI | $23.6k | $10.22 |
2,312 SF · lease $16.20/SF/yr · vacancy 9.88% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$337.5K
$295.4K – $393.8K
NOI $23,628 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$300.8K
$263.2K – $350.9K
NOI $21,055 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$657.1K
$575.0K – $766.6K
NOI $45,996 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Freshly painted, 2020-built duplex with individually metered units and bonus rooms; tenants pay their own electricity.
Where is this duplex located?
The property is located at 12025 SARAGOSSA LANE North Port, FL.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Built in 2020 with block and stucco construction and a shingle roof; No HOA or CDD reported; Two end units: each has 2 bedrooms, 2 baths, plus a bonus room
