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Income producing development redevelopment 4-plex multi-family property with buildable land. This 1 Acre MOL is combined with Folio number 17-26-16-0040-01400-0010 just outside of the New Port Richey city limits and city taxes. Current building consist of one single family home that can be renovated to a quadraplex for multi family income or can still be used as a primary residence. Ample room to build additional single or multi story units. Over 170 foot of road frontage on grand avenue in emerging high growth area in the Port Richey / Trinity / New Port Corners vicinity with easy access to the Sunshine Expressway and great access to Gulf beaches. No matter how you run the numbers, this acreage can be a great income producing asset in the hottest real estate market in the Tampa Bay area. Looking for a single family home with room for gardening or other outside functions that offers land and over 6,000 SF of heated living area. Other possibilities include the potential for an Assisted Living / ACLF, a Church building, or Daycare center as well. This is a truly flexible property with easy access and lots of space. Property near the city of this large size do not come around often.

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Listed by Russell Bly and Patricia Bly,LLC of RE/MAX CHAMPIONS

New Port Richey, FL Demographics

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New Port Richey, FL Real Estate Market Data

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New Port Richey, FL Schools

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Based on information submitted to StellarMLS as of October 1, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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