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$539,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 9 Units
  • 0.6 Acres
  • Updated 13 hours ago
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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 four 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 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.

Full Property Details for 6323 Trouble Creek Rd

General

  • Price: $539,000
  • Taxes: $4,159 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8461756
  • Updated: 1/21/2026
  • Added to Site: 1 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
  • 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

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— 6323 Trouble Creek Rd —

  • Flat Fee Mls Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 6323 Trouble Creek Rd

School District:Pasco County School District
NameGradesDistance
Cotee River Elementary School
7515 Plathe Road, New Port Richey, FL 34653
K-51.9 mi
Gulf Middle School, New Port Richey, FL
6419 Louisiana Avenue, New Port Richey, FL 34653
6-81.4 mi
Gulf High School
5355 School Road, New Port Richey, FL 34652
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6323 Trouble Creek Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Listed
$539,000
91.13%
MLS
4/08/2022
Sold
$282,000
—
Public Record
Get Price Alerts and Save Property
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 for 6323 Trouble Creek Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,375
5%
$213,252
—
2024
$4,159
15%
$213,263
29%
2023
$3,618
13%
$165,081
7%
2022
$3,195
2%
$153,698
-3%
2021
$3,122
—
$158,005
20%
2021
$3,122
3%
$131,808
-12%
2019
$3,045
2%
$149,336
1%
2018
$2,978
6%
$147,483
10%
2017
$2,801
3%
$134,075
2%
2016
$2,724
34%
$131,970
48%
2015
$2,040
2%
$89,254
—
2014
$2,001
-1%
$89,254
—
2013
$2,014
—
$89,262
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Flat Fee Mls Realty

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6323 Trouble Creek Road, New Port Richey, FL 34653 (MLS# TB8461756) is a Multi-Family property with 9 units containing 4 bedrooms and 0 full bathrooms. 6323 Trouble Creek Road is currently listed for $539,000 and was received on January 21, 2026. Want to learn more about 6323 Trouble Creek Road? Do you have questions about finding other Multi-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.

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