This off-market concrete block single-family home is one of the lowest-priced opportunities in all of New Port Richey — currently ranked 3rd cheapest out of 109 active MLS listings. Opportunities at this price point move quickly.
At approximately 947 sqft, the property offers an efficient renovation scope, favorable rent-to-price ratios, and low holding costs. It’s well-positioned for:
• Long-term rental with projected returns around 12.9%
• Fix-and-flip strategy with an estimated $65,000 upside (31% ROI)
Strong numbers, manageable rehab, and a high-demand price point make this a compelling investment opportunity.
The property’s block construction reduces long-term maintenance and insurance risk. Interior improvements remain primarily cosmetic that are straightforward and budget-friendly, allowing for a controlled and predictable renovation scope.
Water access and a Gulf shoreline are just 2–3 miles away, driving strong tenant and buyer demand without the pricing or flood risk of waterfront homes. Limited affordable inventory further reinforces this as a high-conviction value-add opportunity.
Contact your Equity Pro Advisor today.