Property Description:
This 3-bed, 2-bath block home with 1,525 sq ft of living space sits on an 8,100 sq ft lot in New Port Richey, FL. Built in 1962, the property is currently configured as an unpermitted duplex with two kitchens and separate living areas — one a 2/1/1 and the other a 1/1/1. While the layout has functioned this way for years, it is not zoned or legally permitted for duplex use, and we strongly recommend converting it back to a conforming single-family residence for maximum resale flexibility.
🛠️ Full Rehab – Roof, Electrical, HVAC & Cosmetic Overhaul Needed
The home needs a total renovation, including a new roof, upgraded electrical panel, new HVAC or split systems, and full interior cosmetic updates. Plumbing is tied to septic, and both kitchens need replacement. That said, the home’s two-garage layout and oversized footprint offer strong post-reno appeal in a hot resale pocket.
💰 Market Comps – Solid Sales Within 0.5 Miles
🔵 Closed Sales
7448 Cypress Dr – 3/2, 1,260 sq ft, 7,268 sq ft lot, built 1963 → Sold $287,500 ($228/sq ft) – smaller, older, single-family
6615 Parkside Dr – 3/2, 1,537 sq ft, 6,396 sq ft lot, built 1976 → Sold $288,000 ($187/sq ft) – similar size, newer
6850 Hills Dr – 3/2, 1,360 sq ft, 7,280 sq ft lot, built 1986 → Sold $268,000 ($197/sq ft) – smaller, newer, similar lot
🟡 Off-Market Reference
7353 Cedar Point Dr – 3/2, 1,524 sq ft, 8,500 sq ft lot, built 1965 → Sold $244,900 ($161/sq ft) – nearly identical size, same street.