Owner will considering financing INTEREST ONLY loan with $500,000 down at 7% interest with $500k do every 24 months. Recently impacted by the hurricane, this property has undergone restoration with all damaged materials removed and drywall replaced, though currently unfinished, allowing for your custom design. 36-villas in all. (18) 1 bedroom, 1bath w/garages 540 Sq.Ft . (13) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (3) 2 bedrooms 2 baths w/garages 801 SqFt units. (2) 1-bedroom 1-bath no garages 540 Sq.ft. Layout with an open floor plan. The hot water heater is in working condition. 55+ community that you can RENT OUT immediately. The community provides excellent amenities, including a pool, shuffleboard, and optional private beach access for an annual fee. HOA for 1 bed 1 bath $244 a month, 2-bed 1 bath $245 a month, and 2-bed 2 bath is $248 a month and that includes, Roof, water, trash, exterior of building and ground maintenance. Conveniently located near shopping centers, public transportation, dining options, and county parks, it’s also just minutes from historic downtown New Port Richey. This villa is an attractive opportunity for buyers seeking both location and potential. This is a 209 unit complex. This owner owns 36 units.
***This triplex features 1 bedroom 1 bathroom, 1 bedroom and 1 bathroom and 3 bedrooms and 2 bathrooms units, all units are has been recently remodeled with excellent location. Live in one and rent the others and have a great net return. Good investment. Well maintained property and easy to rent. Very good income property. They each have their own driveway and separate water and electric meters allowing tenants to pay their own utilities bills.
Incredible investment opportunity in New Port Richey! Up to 5 Duplexes for sale! This listing is for 6709, 6711, 6713, and 6715 River Rd. 2 Duplexes. Two tenants are month to month and two tenants have leases ending in 2025. Great NOI and at a 8.6% Cap Rate. Appointment only, Will go fast so call or text with any questions. Motivated seller priced to sell with a quick close. Financials and Pro Forma available.
The median home value in New Port Richey, FL is $278,250. This is lower than the county median home value of $324,700. The national median home value is $338,100. The average price of homes sold in New Port Richey, FL is $278,250. Approximately 45.32% of New Port Richey homes are owned, compared to 35.84% rented, while 18.85% are vacant. New Port Richey real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Port Richey real estate agent to arrange a tour today!
New Port Richey, Florida has a population of 16,348. New Port Richey is less family-centric than the surrounding county with 14.45% of the households containing married families with children. The county average for households married with children is 28.35%.
The median household income in New Port Richey, Florida is $40,319. The median household income for the surrounding county is $58,084 compared to the national median of $69,021. The median age of people living in New Port Richey is 52.3 years.
The average high temperature in July is 90.2 degrees, with an average low temperature in January of 49.1 degrees. The average rainfall is approximately 51.3 inches per year, with 0 inches of snow per year.