New Port Richey Block Flip
New Port Richey Block Flip
2 bed
1 bath
947 sq ft
Built in 1984
Single Family
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Quality of Comparables
16
/20
Location of Neighborhood
15/20
Quality of Floor Plan
13/20
Placement in Neighborhood
6/10
Property Details
This off-market, single-family concrete block home in New Port Richey is priced among the top 25% most affordable properties currently available on the MLS, creating immediate value at entry. At approximately 947sqft, the home offers an efficient renovation profile with strong rent-to-price dynamics and low holding costs, ideal for both long-term rental and resale strategies.
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.
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