6323 Trouble Creek Road, New Port Richey, FL 34653 - Photo 1

1/1

$500,000

Sold
Closed
Single Family
4 Beds
4 Total Baths
3,500 Sq. Ft.
Updated 7 days ago

1/1

Property Description

Bear Creek is a 9-pad hybrid manufactured housing and RV community located along Trouble Creek Road in New Port Richey, Florida. The property includes four fully renovated park-owned mobile homes and five RV pads, providing a mix of stable recurring income and seasonal flexibility. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $55,000, which reflects a 10.25 perc. cap rate at the asking price of $539,000. All 4 mobile homes were renovated between 2023 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. the park offers meaningful upside through potentially increasing RV occupancy, optimizing monthly RV rates, and implementing modest rent growth on the mobile homes. A pro forma stabilization scenario supports an estimated NOI of roughly $79,000, which places the long-term value of the park in the $880,000 to $1,060,000 range depending on assumed cap rates. Bear Creek benefits from a strong local market with persistent demand for affordable housing, steady employment bases, and consistent seasonal RV traffic. Small hybrid MH/RV parks in Pasco County are scarce, and comparable assets trade at higher each-pad values. Overall, Bear Creek is a turnkey investment with strong in-place cash flow, recently upgraded homes, and clear value-add potential. It is well suited for both first-time park investors and experienced operators seeking a small, manageable property with upside. RES12 Future Zoning gives the buyer the opportunity to develop this site in the future and add multiple SFH units.

Full Property Details

Full Property Details for 6323 Trouble Creek Rd

General

Sold For: $500,000
Taxes: $4,159 (2024)
Status: Closed
Type: Single Family
Source: MidFloridaRegionalMLS
MLS ID: TB8461756
Added to Site: 70 day(s) ago

Interior

Interior Features: Other
Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
Flooring: Laminate

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: Laundry Room

Exterior

Exterior Features: Other

Parking

Parking Features: Boat, Common, Driveway, Golf Cart Parking, Guest, Off Street, Open, RV Garage

Location

Area: 34653 - New Port Richey
County: Pasco
Development Name: 34653 - New Port Richey
Subdivision: TAMPA TARPON SPGS LAND CO
Driving Directions: US 19 N to Trouble Creek Rd, Right on Trouble Creek. 1.5 miles on left, Woodard Lane.

Community

Community Name: 34653 - New Port Richey

Heating & Cooling

Cooling Type: Wall/Window Unit(s)
Heating Type: Wall Units / Window Unit

Utilities

Sewer: Septic Tank
Water: Well
Utility Description: Other

Structural Information

# Buildings: 4
Exterior Const.: Metal Siding
Roof: Membrane
Square Feet: 3,500
Sq. Ft. Source: Owner
Living Area: 3,500 Sq. Ft.
Year Built: 1958

Lot Features

Lot Size (Acres): 0.6
Lot Size (Sq. Ft.): 26,131
Lot Size: 26131
Street/Road Desc.: Paved

Financial Considerations

Tax Amount: $4,159.09
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: None
Legal Description: TAMPA TARPON SPRINGS LAND CO SUB PB 1 PGS 69 & 70 A POR OF TRACT 27 DESC AS COM AT SW COR OF SAID TRACT 27 SAME BEING ON SOUTH BDY OF NW1/4 TH RUN ALG SOUTH BDY OF TRACT 27 S89DEG 45' 20"E 120 FT FOR POB TH RUN PARALLEL TO WEST BDY OF TR 27 N00DEG07' 41"E 250 FT TH S89DEG 45' 20"E 120 FT TH S00DEG07' 41"W 250 FT TO SOUTH BDY OF TR 27 TH N89DEG45' 20"W 120 FT TO POB THE SOUTH 33 FT THEREOF FOR EXISTING R/W FOR SR S-518
Flood Zone Info: X
APN: 162616001.0027.00002.0
Property ID: 162616001.0027.00002.0

Listed by Flat Fee Mls Realty
Sold by Stellar Non-Member Office

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— 6323 Trouble Creek Rd —

Flat Fee Mls Realty

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Schools

Schools serving 6323 Trouble Creek Rd

School District:Pasco County School District

Name	Grades	Distance
Cotee River Elementary School 7515 Plathe Road, New Port Richey, FL 34653	K-5	1.9 mi
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653	6-8	1.4 mi
Gulf High School 5355 School Road, New Port Richey, FL 34652	9-12	0.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6323 Trouble Creek Rd

Date

Details

Price

Change

Source

3/24/2026

Sold

$500,000

-0.97%

MLS

2/09/2026

Price Reduced

$504,900

-3.81%

MLS

1/29/2026

Price Reduced

$524,900

-2.62%

MLS

1/21/2026

Listed

$539,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,720
Sq. Ft.

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Price Reduced

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Townhouse
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Updated 2 days ago

3
Beds
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Total Baths
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Sold

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Single Family
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Beds
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Sq. Ft.

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$475,000

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Beds
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Sq. Ft.

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6323 Trouble Creek Road, New Port Richey, FL 34653 (MLS# TB8461756) is a Single Family property that was sold at $500,000 on March 24, 2026. Want to learn more about 6323 Trouble Creek Road? Do you have questions about finding other Single Family 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.

6323 Trouble Creek Rd New Port Richey, FL 34653