Adult 55+
Address
Not Disclosed, NEW PORT RICHEY, FL
Price
$ 4,300,000
Property Attributes
  • MLS#W7862548
  • TypeSingle Family
  • CountyPASCO
  • CityNEW PORT RICHEY
  • AreaNew Port Richey
  • NeighborhoodNew Port Colony
  • Zip34652
  • StyleSingle Family Residence
  • Year Built1973
  • Taxes$ 1172
  • Price$ 4,300,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage908
  • Lot Size871 SqFt
Data Source:
Stellar MLS
Property Description

Cap Rate 7.8% Presenting an exceptional investment opportunity—comprising 43 units (total units in complex 212). This unique offering includes 21 one-bedroom, one-bathroom units, 16 two-bedroom units with one bath, and 6 two-bedroom units featuring two baths. Each residence is equipped with modern amenities such as central heating and air conditioning, washer and dryer in each unit Strategically located amidst essential amenities, residents of this community will enjoy convenient proximity to a grocery store, shopping outlets, diverse restaurants, and medical facilities. This advantageous positioning enhances the overall living experience, providing easy access to daily necessities and healthcare services. For leisure and relaxation, the community boasts a pool and shuffleboard, offering residents delightful spaces to unwind and socialize. As an added allure, there is an enticing option for residents to join the Gulf Harbors Beach Club at an annual cost of $180, providing an exclusive opportunity to savor the pristine coastal surroundings. This 55-plus community is not merely a collection of living spaces but an embodiment of a lifestyle enriched with nearby conveniences and recreational opportunities. It presents a rare chance to invest in a community that offers both comfortable living and a thriving, active environment.

Price History
3/3/2024 Listed $4,300,000

General Features

Interior Features Ceiling Fans(s)
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available,Cable Connected
Roof Shingle
Appliances Dryer,Refrigerator,Washer
Exterior Features Other
Zoning MF1
HOA 235
Garage Spaces 1
Association Fee Includes Community Pool,Maintenance Structure,Maintenance Grounds,Manager,Pool Maintenance,Recreational Facilities,Sewer,Trash,Water
Pool Features Indoor
Construction Materials Block,Stucco
Pets Allowed Yes
Year Built 1973
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
Community Features Buyer Approval Required,Clubhouse,Deed Restrictions,Pool
Assoc Fee Paid Per Monthly
County Pasco
New Construction No
Property Type Residential
HOA / Comm Assn Yes
Attached Garage Yes
Subdivision Name NEW PORT COLONY
Facing Direction North
Garage Y/N Yes
Total Rooms 4
Status Active
Directions US19 West on Marine Parkway right on Gemstone Drive.
City NEW PORT RICHEY
Buyer Agent Compensation 0.5%
Senior Community Y/N Yes
MLS Area 34652 - New Port Richey
Lot Size Square Feet 981
Private Pool Yes
Waterfront Y/N No
Carport Y/N No
Tax Annual Amount 1172
Public Remarks Cap Rate 7.8% Presenting an exceptional investment opportunitycomprising 43 units (total units in complex 212). This unique offering includes 21 one-bedroom,one-bathroom units,16 two-bedroom units wi
Lease Considered Y/N Yes
Days on Market 48
Standard Status Active
Tax Lot 1016
Legal Description NEW PORT COLONY FIFTH WAY UNREC PLAT PCL 1016 BLOCK 25 DESC AS:COM AT SE COR OF SEC TH N01DEG21'15 E 1641.91 FT TH S89DEG56' 13 W 224.57 FT TH N00DEG03' 47 W 168.65 FT FOR POB TH N89DEG38' 45 W 28 FT
Minimum Lease No Minimum
Monthly HOA Amount 235

Interior Features

Flooring Carpet,Ceramic Tile,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 1
Street Suffix STREET
Laundry Features Inside
Total Bedrooms 2
LivingAreaSource Public Records
Total Baths 1
Living Area Units Square Feet

Exterior Features

Water Source Public
Lot Size Area 981
Foundation Details Slab
Building Area Total 908
Lot Size Acres 0.02
Road Surface Type Asphalt
Lot Size Units Square Feet
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34652

Price
AVG $600K
$4.3M
Taxes
AVG $4,050
$1,172
Visits
AVG 733
2256
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1973

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