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    34 Venetia Ave North Port, FL 34287

    For Sale
    $54,900

    0.17-acre commercial lot, RMF1 zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This 0.17-acre commercial lot, located at Lot 34 Venetia Avenue in North Port, Florida (zip code 34287, APN 0770100072), presents a compelling investment opportunity. Priced at $54,900, this fee simple property is zoned RMF1, allowing for the development of duplexes or single-family homes. The lot measures 75x100 feet and is situated in the Warm Mineral Springs neighborhood, known for its renowned healing waters. While water access is not available, electricity is readily accessible. The property requires a septic system and a well for water. The 2021 annual property taxes were $109.18. Detailed financial analysis for a duplex build, along with a list of RMF zoning entitlements, is available. Conveniently located, directions are available from both Port Charlotte and Venice. This lot offers the potential for expansion, as it can be combined with the adjacent Lot 33 to create a larger development site. This is a must-see opportunity for investors seeking a prime location in a desirable area.

    Property Features for 34 Venetia Ave

    General Information

    Property type
    Land
    Lot Size
    7,405 SF

    HighLights

    • 75' x 100' lot.
    • No water access.
    • Septic system required.
    • Well water needed.
    • Electricity available.
    • Access via US‑41 and Ortiz Blvd, Warm Mineral Springs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.2597253
    Latitude
    27.051381

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    FAQs

    What type of property is this?
    Land - 0.17-acre commercial lot, RMF1 zoning
    Where is this land located?
    The property is located at 34 Venetia Ave North Port, FL.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: 75' x 100' lot.; No water access.; Septic system required.
    (941) 525-6818
    Request Owner's contact information
    34 Venetia Ave North Port, FL 34287
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    North Port, FL 34287
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    34 Venetia Ave North Port, FL 34287
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