12140 Capilla Ln North Port, FL 34287

Property Details for 12140 Capilla Ln

Year built

1978

Lot size

0.20 lot acres

Property size

2,514 SF

Property type

Commercial real estate

APN

0770060028

Description

This exceptional four-unit apartment building presents a lucrative investment opportunity in North Port, Florida. Located at 12140 Capilla Lane, this fee-simple property boasts 2,514 square feet of total space, with 1,937 square feet of net rentable area. The building features four units and offers two parking spaces. Built in 1978, the property sits on a 0.2-acre lot and is zoned RMF1. Recent upgrades include a new roof (2021), a new septic system (2021), new bathrooms, new laminate flooring, a new water heater (2023), and a new water system (2021). A new washer and dryer are also included. The property is not located in a flood zone and benefits from no HOA or CDD fees. Its prime location offers easy access to Warm Mineral Springs and is a short drive to the Gulf beaches, marinas, golf courses, shopping, dining, and various recreational activities. The property's proximity to nature preserves like Charlotte Harbor Preserve State Park and Myakka River State Park adds to its appeal. This fully renovated multifamily property offers a strong return on investment with its excellent location and recent upgrades. The asking price is $399,000, translating to $206 per square foot. The Sarasota County APN is 0770060028. This is a rare opportunity to acquire a well-maintained, high-performing investment property in a desirable Florida location.