New Port Richey, FL, 34652 | $4,300,000

Presenting an exceptional investment opportunity—comprising 43 units (total units in complex 212). This unique offering includes 21 one-bedroom, one-bathroom units, 16 two-bedroom units with one bath, and 6 two-bedroom units featuring two baths. Each residence is equipped with modern amenities such as central heating and air conditioning, washer and dryer in each unit
Strategically located amidst essential amenities, residents of this community will enjoy convenient proximity to a grocery store, shopping outlets, diverse restaurants, and medical facilities. This advantageous positioning enhances the overall living experience, providing easy access to daily necessities and healthcare services.
For leisure and relaxation, the community boasts a pool and shuffleboard, offering residents delightful spaces to unwind and socialize. As an added allure, there is an enticing option for residents to join the Gulf Harbors Beach Club at an annual cost of $180, providing an exclusive opportunity to savor the pristine coastal surroundings.
This 55-plus community is not merely a collection of living spaces but an embodiment of a lifestyle enriched with nearby conveniences and recreational opportunities. It presents a rare chance to invest in a community that offers both comfortable living and a thriving, active environment.

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Inside
  • Year Built: 1973
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 908
  • Acreage: 0.02
  • Est. Taxes: $1,172
  • HOA Fee: $235 Monthly
  • Adult Communities: Yes
  • Pool: Indoor
  • Pet Policy: Yes
  • Appliances: Dryer, Refrigerator, Washer
  • MLS#: W7862548
  • Days on Market: 58 days
  • Website: https://www.raveis.com
    /eprop/W7862548/_newportrichey_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 5/10/2024 12:08:19 PM)
Listing courtesy of RE/MAX MARKETING SPECIALISTS   Phone: 727-853-7801

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New Port Richey, FL, 34652

$4,300,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,440,000 $3,440,000 $3,440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $98 $98 $98
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $23,176 $22,598 $30,441
Total Monthly Payment $23,399 $22,821 $30,664

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.