Positioned in a quiet residential pocket of North Port, this vacant double parcel lot presents a flexible development opportunity with multiple build paths. . With zoning that supports either a duplex or a single-family residence (buyer to verify with the city/county), this property caters to both end-users and investors looking to maximize returns.
Located on a paved road with nearby utilities, the property benefits from accessibility while maintaining a low-density neighborhood feel. North Port continues to experience steady growth driven by new construction, population migration, and relative affordability compared to surrounding markets.
The location places you within close proximity to everyday conveniences, schools, and major corridors, while still offering easy access to lifestyle amenities including Gulf Coast beaches, Warm Mineral Springs, and the rapidly expanding Wellen Park district. The lot is already subdivided with 2 seprate parcel ID's.
CAPILLA LANE, 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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