Two-Unit Residential
12113 CAPILLA Lane, North Port, FL 34287
For Sale
$429,000
Residential Income, NORTH PORT, FL
Property Size2,298 SF
Lot Size0.20 Acres
Price / SF$186.68
Days on Market49
Property Features for 12113 CAPILLA Lane
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Interior features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Buildings
Listing Agency:
THE REAL ESTATE STORE
(941) 685-4224
Listed By:
Natalia Berie · License FL #3528652
(941) 468-9747
Added: Sep 24
Changed: Nov 4
Last Checked: Nov 11 at 5:06AM
MLS# A4707517
Copyright © 2026 Sarasota Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2004, this block-constructed duplex contains two residences with a combined 2,298 square feet on a 0.20-acre parcel. Each unit has two bedrooms and two bathrooms. High ceilings, central air conditioning, electric heat, and a shingle roof are among the property’s features. Appliances include a dishwasher, microwave, range, and solar hot water system. The property uses well water and a septic tank, and is zoned RMF1.
The North Port address is near Tamiami Trail, with shopping, restaurants, grocery stores, and everyday services in the surrounding area. Warm Mineral Springs is a few blocks away, and Gulf Coast beaches are a short drive from the property.
The North Port address is near Tamiami Trail, with shopping, restaurants, grocery stores, and everyday services in the surrounding area. Warm Mineral Springs is a few blocks away, and Gulf Coast beaches are a short drive from the property.
Key Highlights
- Two units, each with 2 bedrooms and 2 bathrooms
- 2,298 square feet of building area on a 0.20‑acre lot
- RMF1 zoning; built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,485
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,700
$469.7K
Cap Rate 7%
$335,500
$335.5K
Cap Rate 9%
$260,944
$260.9K
Market Conditions
NOI Build-Up for 2,298 SF
Gross rent
$37.2K $16.20/SF
− Vacancy
−$3.7K −$1.60/SF
EGI
$33.5K $14.60/SF
− OpEx
−$10.1K −$4.38/SF
NOI
$23.5K $10.22/SF
Area
Sarasota County, FL
Vacancy
9.88%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,700
Cap Rate 7%
$335,500
Cap Rate 9%
$260,944
Alternative Uses
Best Use
Multifamily LT 5
$335.5K
$293.6K – $391.4K
NOI $23,485 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$299.0K
$261.6K – $348.8K
NOI $20,928 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$653.1K
$571.5K – $762.0K
NOI $45,718 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
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Business Placement
Demographics for 34287, FL
26,277
Population
15,713
Households
1.7
Avg Household Size
59
Median Age
23%
College-Educated
92%
High-School Grad
17.4 sq mi
ZIP Area
1,510
Density / Sq Mi
$64,229
Median Household Income
$39,509
Median Earnings
$1,296
Median Rent
$235,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in North Port, FL
Properties on Market for Duplexes in North Port
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms and two bathrooms, with RMF1 zoning.
Where is this duplex located?
The property is located at 12113 CAPILLA Lane North Port, FL.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 2 bathrooms; 2,298 square feet of building area on a 0.20‑acre lot; RMF1 zoning; built in 2004
