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Property profile & analytics
OFF-MARKET
Land

0 Tamiami Trl North Port, FL 34287

Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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