5442 MILES BOULEVARD, Port Richey, FL, 34668 | $275,000

FLOOD-DAMAGED PROPERTY – OPPORTUNITY AWAITS!

This charming 3-bedroom, 2-bathroom waterfront home is ready for a new owner to restore it to its former beauty. Situated on a spacious waterfront lot, the property features a screened-in swimming pool, large deck, and a peaceful covered patio area, perfect for enjoying the serene surroundings.

The home has been flood-cut and dried out, with estimated repairs falling below FEMA’s 50% repair threshold. Key features include a 5-year-old roof, working air conditioning, and a solid electrical panel. The split-bedroom layout offers privacy, while the open-plan kitchen and living area provide a bright and inviting space. The Florida Room adds additional versatility to the home, and a work from home office space was added to the Master suite.

With direct Gulf access for smaller boats and kayaks, and waterfront restaurants, parks, and shopping within walking or golf carting distance, this property has excellent potential as a family home or short-term rental investment. Don’t miss this chance to create your dream waterfront retreat!

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
  • Style: Ranch
  • Year Built: 1969
  • Garage: 1-car Garage Door Opener, Off Street
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,485
  • Acreage: 0.22
  • Est. Taxes: $3,355
  • Lot Desc: Corner Lot, Flood Insurance Required, FloodZone, City Lot
  • Pool: Fiberglass, In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: None
  • MLS#: W7873342
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/W7873342/5442milesboulevard_portrichey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 3/29/2025 3:17:10 PM)
Listing courtesy of Future Home Realty   Phone: 800-921-1330

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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5442 MILES BOULEVARD, Port Richey, FL, 34668

$275,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $220,000 $220,000 $220,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.949% 7.017% 6.034%
Monthly Tax Payment $280 $280 $280
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,355 $1,445 $1,827
Total Monthly Payment $1,710 $1,800 $2,182

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.