New Listing - 11/13/2024

$2,000,000 ($2,202.64 per sqft)

Est. Mortgage $10,378/mo *

Quick Pre-Approval

52 beds

1973

908 sqft

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.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Inside

Units:

36

Subdivision:

NEW PORT COLONY

Garage:

1-car

Heating:

Central

Cooling:

Central Air

Common Charge:

$248 Monthly

Acreage:

0.02

Est. Taxes:

$1,172

HOA Fee

$248

Construction

Block, Stucco

Utilities

Cable Available, Cable Connected

Adult Communities:

Yes

Days on Market:

6

Pet Policy:

Yes

Appliances:

Dryer, Refrigerator, Washer

Pool:

Indoor

Min Lease Term:

No Minimum

MLS #:

W7869936


Community Info

School Info

Walk Score

Yelp



Listing courtesy of RE/MAX MARKETING SPECIALISTS Phone: 727-853-7801