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$260,000

  • Sold
  • Closed
  • Duplex
  • 4 Beds
  • 2 Total Baths
  • 1,650 Sq. Ft.
  • Updated 8 days ago
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Discover an incredible investment opportunity with this newly renovated duplex at 7116/7120 Oakwood Dr in New Port Richey! Nestled in a quiet, established neighborhood, this low-maintenance property features two 2-bedroom, 1-bath units, each with its own carport and spacious front and back yards. One side is currently rented for $1,450/mo, while the vacant unit is updated, move-in ready, and open for viewing. With rental potential of $1,500+/mo each side, this property delivers strong cash flow and outstanding long-term value. Inside, both units have fresh renovations, clean finishes, and easy-to-maintain layouts perfect for tenants or owner-occupants. Whether you're an investor looking to expand your portfolio or a buyer wanting to live on one side while renting the other, this duplex offers flexibility and financial upside. Located just minutes from Downtown New Port Richey, local shopping, restaurants, parks, and the beautiful Gulf beaches and waterways, the convenience is unbeatable. Don't miss this rare chance to own a turn-key income-producing duplex in a prime New Port Richey location. It's an ideal blend of lifestyle, affordability, and cash flow potential.

Full Property Details for 7116-7120 Oakwood Dr

General

  • Sold For: $260,000
  • Taxes: $4,302 (2025)
  • Status: Closed
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8453350
  • Added to Site: 46 day(s) ago

Interior

  • Interior Features: Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Stone Counters
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup

Exterior

  • Exterior Features: Private Yard, Sidewalk, Sliding Doors

Parking

  • Carports: Yes
  • Carport: 2
  • Carport Spaces: 2
  • Covered Spaces: 2

Location

  • Area: 34652 - New Port Richey
  • County: Pasco
  • Development Name: 34652 - New Port Richey
  • Subdivision: GULF COAST ESTATES
  • Driving Directions: US-19 N, West on Avery Rd, South on Oakwood Dr.

Community

  • Community Name: 34652 - New Port Richey

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Sewer Connected, Water - Multiple Meters

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block
  • Roof: Shingle
  • Square Feet: 1,650
  • Sq. Ft. Source: Public Records
  • Living Area: 1,650 Sq. Ft.
  • Year Built: 1981

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,970
  • Lot Size: 6970
  • Street/Road Desc.: Asphalt

Financial Considerations

  • Tax Amount: $4,302
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: 32-25-16-0180-00000-0210 Assessed in Section 32, Township 25 South, Range 16 East of Pasco County, Florida GULF COAST ESTATES PB 5 PG 100 LOT 21 EXC NORTH 6.72 FT THEREOF
  • Flood Zone Info: AE
  • APN: 3225160180000000210
  • Property ID: 3225160180000000210
  • Block/Lot/Section: 100

Listed by Bhhs Florida Properties Group
Sold by Home Prime Realty Llc

Listing agent

— 7116-7120 Oakwood Dr —

  • Bhhs Florida Properties Group

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 7116-7120 Oakwood Dr

Date
Details
Price
Change
Source
1/09/2026
Sold
$260,000
-3.7%
MLS
12/04/2025
Listed
$270,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Bhhs Florida Properties Group
Sold by Home Prime Realty Llc

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7116-7120 Oakwood Drive, New Port Richey, FL 34652 (MLS# TB8453350) is a Duplex property that was sold at $260,000 on January 09, 2026. Want to learn more about 7116-7120 Oakwood Drive? Do you have questions about finding other Duplex 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.