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About this home
NEW electrical panel, septic system and well tank!!! Welcome to a rare opportunity to own a versatile 0.46-acre property with Commercial and Agricultural zoning in the heart of New Port Richey. Whether you're searching for a primary residence, a live-work property, space for your business, or room for all your toys and equipment, this property offers the flexibility today's buyers are looking for. This updated 3-bedroom, 2-bath home features an inviting open-concept floor plan, split-bedroom layout, and an oversized Florida room that provides endless possibilities for entertaining, a home office, gym, playroom, or additional living space. Recent improvements include a new roof (2023), new A/C (2024), and tankless water heater (2026), allowing you to move in with confidence. Step outside and enjoy nearly half an acre of usable land with plenty of room for work trucks, trailers, boats, RVs, campers, ATVs, equipment, and recreational vehicles. A detached garage and storage shed add even more functionality for hobbies, storage, or a workshop. Conveniently located just minutes from James E. Grey Preserve, Downtown New Port Richey, Sims Park, shopping, restaurants, breweries, and community events, you'll enjoy the perfect balance of privacy, convenience, and opportunity. Properties offering this combination of updated living space, flexible zoning, usable acreage, and prime location are increasingly difficult to find. Whether you're an entrepreneur, contractor, investor, small business owner, or simply looking for extra space and freedom without sacrificing convenience, this property delivers exceptional value and endless possibilities. Now offered at an improved price, with the seller contributing up to 6% toward the buyer's closing costs with an acceptable offer. Schedule your private showing today!
Single-familyProperty Type
1977Year Built
0.45 acresLot Size
$274Price/Sq.Ft.
2 car garageParking
Listed by Shenille Ford• FINEHIRSH REALTY POWERED BY SELLSTATE
The purpose of the A-R Agricultural-Residential District is to allow the development of relatively large tracts of land to accommodate those individuals who desire a rural or estate-type living environment; to curtail urban development in areas which lack facilities, until such time as those facilities are available; and to promote conservation of rural environments through limiting the intensity of development.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Livestock production
Religious facility
Garden center
Housing-Single unit
Public service
Educational/school
Climate risks
5/10 Flood Factor
Estimated 49-59% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.77% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 108° 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, 1 days in 30 years
Provided by First Street
Historical weather
New Port Richey, FL • 34653
Average low and high temperatures (°F)
67
48
72
53
78
59
84
64
88
72
91
75
91
76
90
77
89
74
83
67
78
59
73
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
61/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
6.3 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7229 Plathe Rd
$336,768
$13K under list price of $350K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $260K to $432K.