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300 San Lorenzo Ave 2 Unit Apartment Building $290,000 ($145,000/Unit) 8% Cap Rate North Port, FL 34287
Executive Summary
Located in the desirable Warm Mineral Springs area of North Port, this income-producing duplex offers an excellent opportunity for investors or owner-occupants looking for rental potential. The property features two separate units, each offering comfortable living space with 2 bedrooms and 1 bathroom, making it ideal for long-term tenants or rental income. Each unit includes air conditioning, range, refrigerator, and washer/dryer hookups for added convenience. No HOA or CDD! Not in flood zone! Situated on a quiet residential street, the property provides easy access to shopping, dining, schools, parks, and the world-famous Warm Mineral Springs. This prime location offers strong rental demand and convenient access to major roadways, Gulf beaches, and all that the growing city of North Port. Whether you're looking to expand your investment portfolio or secure a property with income potential in a rapidly developing area, this duplex presents a fantastic opportunity.
Property Facts
| Price | $290,000 | Apartment Style | Low-Rise |
| Price Per Unit | $145,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 8% | Building Size | 1,550 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1969/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RMF1 - Residential Multifamily, 1 | ||
| Price | $290,000 |
| Price Per Unit | $145,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 1,550 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2025 |
| Opportunity Zone |
Yes |
| Zoning | RMF1 - Residential Multifamily, 1 |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 2 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Moderately bikeable
60/100
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300 San Lorenzo Ave
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