Rare Triplex/Duplex development opportunity in North Port. The County Planner’s office confirmed by email that this property can be rezoned to RMF-1 or RMF-2 allowing for 2 Duplexes or 2 Triplexes. Centrally located in the Warm Mineral Springs area on Tamiami Trail. A prime Lot for investors, builders, or your own future multifamily homesite. Flood Zone X (no flood insurance required). This is a great Buy-and-Hold opportunity for a potentially high return. North Port is targeting an after-buildout growth of 375,000 residents! Strong demand for housing rentals and owning. Everything from beaches, boating, fishing, golf, schools, and doctors are nearby. Put this Lot on your list to see and review! Reach out for more information.
Lots 1-4 Tamiami TRAIL, North Port, FL, 34287
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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