bedrooms
45
bathrooms
0
square feet
801
Acreage
0.02
Open Houses
-
year built
1973
Full Baths
0
Half Baths
0
Owner will considering financing. INTEREST ONLY loan with $500,000 down at 7% interest with $450,000 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. 27-villas in all. (13) 1 bedroom, 1bath w/garages 540 Sq.Ft . (10) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (4) 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 $300 a month, 2-bed 1 bath $300 a month, and 2-bed 2 bath is $300 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 37 units. There are also additional 10 units THAT HAVE BEEN FULLY RESOTRED AND RENTED currently RECEIVING $1300 A MONTH on average for the 7 UNITS. Will sell those units for $800,000.
Location | |
Subdivision | NEW PORT COLONY 05 WAY |
County | Pasco |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: W7870190
Listing agent:
Nicholas Vavoulis
#3039347
Listing broker:
Re/Max Marketing Specialist
(727) 789-5555
Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, January 31 2025 at 9:11 p.m. EST
Kotohomes National