34 Venetia Ave North Port, FL 34287

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.