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5056 Southtowne Loop, New Port Richey, FL 34652
$350,000
5056 Southtowne Loop, New Port Richey, FL 34652View this property at 5056 Southtowne Loop, New Port Richey, FL 34652
5056 Southtowne LoopNew Port RicheyFL34652
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Property Description
THIS IS A UNIQUE & IMPRESSIVE INVESTMENT & DEVELOPMENT OPPORTUNITY IN NEW PORT RICHEY, FL!! Welcome to a RARE OPPORTUNITY to buy a total of 17 VACANT LOTS as a reduced BUNDLE DEAL located off Main St, New Port Richey, FL for a combined list price of $375,000. The total size of all the lots combined is 72,739 sqft which is about 1.67 acres. Each lot is 82' long & varies in width with a median of 55'. Lots 7 & 8 (double lot) are combined into 1 parcel and legal description. Possible RESIDENTIAL development ideas: single family homes, townhouses, condos (1 or 2 story), villas, duplexes, triplexes or quadplexes. For example, one idea is to build side by side, raised, single story villas with the ground level as a massive garage/carport space. There are also potential COMMERCIAL REAL ESTATE POSSIBILITIES like marina storage, restaurant, shopping plaza or professional office building. POSSIBILITIES ARE ENDLESS! The U-shaped private street of Southtowne Loop is paved on one side & not paved on the other side. New FUTURE homes here will face either East or West, depending on which side of the street they are located, so residents can watch the SUNSET PAINT THE SKY IN VIBRANT COLORS each evening. Mobile homes once stood on these lots but are no longer present. All 17 lots are VACANT with no mobiles on the properties. Most of the cleared lots are improved with concrete pads that served as driveways & patios/lanais. There is a SOLID masonry wall along the back perimeter of lots 3, 4, & 5. Along the back perimeter of lots 19, 21 & 22, you'll find a horizontal wood fence & SERENE view of the woods. The mobiles were serviced by private septic, City of New Port Richey for water & Duke Energy for electric. As these lots have had homes & utilities set up in past, it should be a breeze to hook up to public utilities, including city sewer as the connection is present along Main Street. Another MASSIVE BONUS: SURVEYS ARE AVAILABLE FOR ALL OF THE LOTS!! Credits for impact fees should be on file with the county. Of course, the buyer is encouraged to verify with Pasco County, City of New Port Richey & other professionals regarding building codes, zoning & whatever else is deemed necessary in order to make an informed decision. Hop on your GOLF CART & CRUISE to downtown New Port Richey featuring FANTASTIC restaurants, taverns, festivals, shopping & professional offices. Sims Park is PHENOMENAL for everyone with a playground, splash pad, walking paths along the river & an outdoor amphitheater. The public boat launch is just a few short minutes away where you can take your boat directly to the Gulf of Mexico or enjoy kayaking down the river. Robert K. Rees Beach Park is less than 2 miles away! LIVELY New Port Richey is THRIVING & NOW IS THE TIME TO THINK ABOUT DEVELOPMENT. MAKE THIS YOUR FUTURE HOME!
Full Property Details
Full Property Details for 5056 Southtowne Loop
General
- Price: $350,000
- Taxes: $2,692 (2023)
- Status: Active
- Type: Lots/Land
- MLS ID: W7859019
- Updated: 5/20/2024
- Added to Site: 234 day(s) ago
Location
- Area: 34652 - New Port Richey
- County: Pasco
- Development Name: 34652 - New Port Richey
- Subdivision: PALMS MOBILE HOME PARK
- Driving Directions: Driving from Pinellas County along US Hwy 19 N, turn left onto Main St, New Port Richey. The lots on Southtowne Loop, New Port Richey will be located on your left-hand side across from Towne Square Villas.
- Direction Faces: West
School Information
- Elementary School: Richey Elementary School
- Middle School: Gulf Middle-PO
- High School: Gulf High-PO
Community
- Community Name: 34652 - New Port Richey
- Number of Pets: 5
- Pet Restrictions: Please refer to Pasco County rules & regulations regarding pets.
Utilities
- Sewer: None
- Water: Public
- Utility Description: BB/HS Internet Available, BB/HS Internet Capable, Cable TV Available, Electrical Nearby, Electricity Available, Public, Sewer Nearby, Street Lights, Utility Pole, Water - Multiple Meters, Water Available, Water
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Garden
- Lot Size (Acres): 1.67
- Lot Size (Sq. Ft.): 72,739
- Lot Size: 1.6699
- Lot Dimensions: 197 x 328
- Frontage: Street Paved, Private Road, Street Unpaved, City Street
- Street/Road Desc.: Paved, Unimproved, Asphalt, Concrete, Dirt, Gravel
- Fencing (Description): Masonry, Wood
Financial Considerations
- Price Per Acre: $209,581
- Assoc Fee Desc.: None
- Tax Amount: $2,692.57
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.6%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PALMS MOBILE HOME PARK UNREC PLAT LOT 22 DESC AS COM AT NE COR OF TRACT 22 OF PORT RICHEY LAND COMPANY SUB PB 1 PG 1 TH RUN S00DEG 02'19"W 135.00 FT TH N89DEG 34'02"W 246.00 FT TO POB TH RUN S00DEG 02'19"W 55.00 FT TH N89DEG 34'02"W 82.16 FT TH N00DE G 00'59"W 55.00 FT TH S89DEG 34'02"E 82.22 FT TO POB THE EAST 12.00 FT RESERVED FOR ROAD R/W FOR INGRESS & EGRESS & WEST 6 FT RESERVED FOR DRAINAGE AND/OR UTILITY PURPOSES OR 7862 PG 1889
- Flood Zone Info: AE
- Disclosures/Reports: Seller Property Disclosure
- APN: 1626050510000000220
- Property ID: 1626050510000000220
Listed by Future Home Realty
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Schools
Schools serving 5056 Southtowne Loop
School District:Pasco County School District
Rating | Name | Grades | Distance |
---|---|---|---|
6850 Adams St, New Prt Rchy, FL 34652 | PK-5 | 0.9 mi | |
6419 Louisiana Ave, New Prt Rchy, FL 34653 | 6-8 | 1.4 mi | |
5355 School Rd, New Prt Rchy, FL 34652 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5056 Southtowne Loop
Date
Details
Price
Change
Source
5/20/2024
Price Reduced
$350,000
-4.11%
MLS
1/30/2024
Price Reduced
$365,000
-2.67%
MLS
10/18/2023
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5056 Southtowne Loop
Year
Property Taxes
Change
Tax Assessment
Change
2023
$166
29%
$9,369
34%
2021
$129
-7%
$6,983
-10%
2022
$139
8%
$7,794
14%
2021
$129
-4%
$6,848
—
2019
$134
-1%
$6,848
—
2018
$135
-1%
$6,848
—
2017
$137
-1%
$6,848
—
2016
$139
-1%
$6,848
—
2015
$141
1%
$6,848
—
2013
$140
—
$6,848
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5056 Southtowne Loop
5056 Southtowne Loop, New Port Richey, FL 34652 (MLS# W7859019) is a Lots/Land property with a lot size of 1.67 acres. 5056 Southtowne Loop is currently listed for $350,000 and was received on October 18, 2023. Want to learn more about 5056 Southtowne Loop? Do you have questions about finding other Lots/Land real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.