Investor alert! This rare portfolio includes 3 parcels totaling 1.37 acres in a prime location offering endless potential for builders ready to take advantage of the R4 zoning. Offering a great opportunity for redevelopment in a desirable location. Whether you're planning a new build or an investment project, this lot provides a clean slate. Think of the possibilities: Rebuild and maximize the waterfront views of the Bayou. Develop across all three parcels for a larger project. It’s priced with that in mind and represents a unique opportunity for those with vision. The layout is functional, the land is spacious, and the waterfront setting adds long-term value. Location is everything—and this property delivers. You’re close to local parks, shopping, dining, and major roadways, making it convenient for future tenants, buyers, or vacationers. This isn’t just land—it’s a chance to create something special and profitable in one of Florida’s most desirable areas.
Vacant landProperty Type
1.37 acresLot Size
$65,328Price/Acres
Listed by Amanda Adams• SUNBELT REAL ESTATE FLORIDA
The purpose of the R-4 High Density Residential District is to encourage the orderly development and preservation of higher density residential environments and to provide areas in which economies of high density residential development may be achieved without sacrificing the individualized nature of the single-family residence.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Educational/school
Apr 28, 2026 • Active
Residential demolition
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 109° expected this year, 27 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
New Port Richey, FL • 34652
Average low and high temperatures (°F)
65
49
70
54
76
60
81
66
87
73
89
76
90
77
89
78
87
74
82
68
77
61
71
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 12% for direct sun exposure in New Port Richey. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
6.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4935 Largo Ter
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $135,000 and $210,000.
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $135K to $210K.