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    Tamiami Trl North Port, FL 34287

    For Sale
    $275,000

    32,000 SF Residential Lot, $275,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 32,000 square foot residential lot presents a compelling development opportunity in North Port, Florida. Located on Tamiami Trail near Warm Mineral Springs, this fee-simple property is zoned RMF1/RMF2 (rezoning required by purchaser), allowing for the construction of two duplexes or two triplexes, as confirmed by the County Planner's office. The property's prime location offers easy access to beaches, boating, fishing, golf courses, schools, and medical facilities. Situated in Flood Zone X, no flood insurance is required, minimizing risk and maximizing return. North Port's robust growth trajectory, with a projected population increase to 375,000, coupled with the current high demand for rental and owner-occupied housing, makes this a highly attractive buy-and-hold investment. The land's price per acre is $376,712. The APN is 0789-02-0028. This is an exceptional opportunity for investors and builders seeking a high-return project in a rapidly growing market. The property is conveniently located in Venice, Florida, zip code 34287.

    Property Features for 0 Tamiami Trl

    General Information

    Property type
    Land

    HighLights

    • $275,000 asking price for a 32,000 sq ft residential land parcel.
    • Located in Venice, FL, near Warm Mineral Springs, on Tamiami Trail (APN: 0789‑02‑0028).
    • RMF1/RMF2 zoning (rezoning required by buyer); suitable for duplex or triplex development.
    • Land value: $376,712/acre.
    • Fee simple ownership; broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    North Port
    County
    Sarasota
    State
    Florida
    Longitude
    -82.278135
    Latitude
    27.047486

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    FAQs

    What type of property is this?
    Land - 32,000 SF Residential Lot, $275,000
    Where is this land located?
    The property is located at Tamiami Trl North Port, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price for a 32,000 sq ft residential land parcel.; Located in Venice, FL, near Warm Mineral Springs, on Tamiami Trail (APN: 0789-02-0028).; RMF1/RMF2 zoning (rezoning required by buyer); suitable for duplex or triplex development.
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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
    Tamiami Trl North Port, FL 34287
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