DEEPLY DISCOUNTED TO SELL! Priced well below value this property offers an incredible opportunity for savvy investors and those seeking a dynamic urban lifestyle and LOCATION. Don't miss this rare chance to own a piece of DOWNTOWN New Port Richey's bustling landscape. Nestled in the overlay district, this property offers added versatility, with infinite opportunity whether it is your forever home, an investment property, or an office, your options are limitless. The main floor boasts two bedrooms, a full bath, and a sun-soaked living room adorned with hardwood floors, as well as luxury vinyl plank flooring all throughout the home. The kitchen and adjacent dining room provide plenty of space for entertaining guests, with a beautiful sunroom attached. The lower level offers another full bath as well as two versatile offices/bedrooms awaiting your personal touch. Separate entrance available at the rear, the lower level beckons as a potential duplex, in-law apartment, or expanded living space to suit your needs. Second AC unit installed in 2021, tankless water heater in 2022. Can lighting upgrades, new exterior paint, landscaping, and pavers added for curb appeal. Indulge in the vibrant downtown lifestyle with an array of amenities at your doorstep. From eclectic eateries and theaters to bustling nightclubs and the picturesque Sims Park along the scenic Cotee River, every convenience and entertainment option is within easy walking distance. Schedule your showing today and seize the chance to make this extraordinary property your own!
Single-familyProperty Type
1940Year Built
5,000 sq ftLot Size
$200Est. Price/Sq.Ft.
Listed by Brain Albores Hernandez• MCBRIDE KELLY & ASSOCIATES
Listed by Margaret Croke• MCBRIDE KELLY & ASSOCIATES
Great location on the corner of Main Street and Madison in the heart of downtown New Port Richey. This home is currently being used as an event center, and short term rental. The main floor has 2 bedrooms and a full bath, living room (with hardwood floors), kitchen, dining room, and a bright sunroom. Down 4 steps is another full bath and two additional offices/bedrooms (they would need closets). The lower level has it's own entrance at the back and could be used as a duplex, in-law apt. , or additional living space. New windows across the front of home, second AC 2021, tankless water heater 2022, interior and exterior paint, laminate flooring, can lighting, landscaping, pavers. Home is being used as a vacation rental/event center (approx. $111/night) Downtown has so much to offer from numerous restaurants, theater, nightclubs, Sims Park with walking trail around the park along the Cotee River, splash pad for the kids, playground, outdoor concerts and movies. .. all within walking distance! This home is located in the overlay district, which does allow some office and business (with staff committee review)
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
2
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
5,000 Sq. Ft.
Year renovated
1950
Sq. Ft.
800
Year built
1940
Style
Single Family Residential
County
Pasco County
APN
04-26-16-0030-08200-0175
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Nov 21, 2024 • Final
Building general commercial remodel
Remodel the building by replacing doors and upgrading the electrical panel. Install plumbing for a dog tub and a washing machine.
Plumbing
Remodel
Nov 19, 2024 • Final
Driveway/sidewalks
Add a concrete driveway extension to the existing driveway.
Grading
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.
Property details
Interior
Virtual Tour
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 2
Laundry Room Information
Laundry Features: Washer Hookup
Other Rooms Information
# of Rooms: 6
Heating & Cooling
Heating Information: Central
Cooling Information: Central Air
Interior Features
Interior Features: High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Window Treatments
Appliances: Microwave, Refrigerator, Tankless Water Heater