6 months on rocket

Sale Pending

5056 Southtowne Loop, New Port Richey, FL, 34652

$365,000

1.67 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewGarden
MLS #W7859019
Lot Size1.67 Acres
StatusSale Pending
(Pending)

About 5056 Southtowne Loop

Under contract-accepting backup offers. 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!

Property Details

Property Features

Listing Office:

  • Office Name: FUTURE HOME REALTY
  • Office Phone: (800) 921-1330
  • Listing Agent: Janina Wozniak

Exterior Features

Exterior Information:

  • View: Garden

Lot Features

Lot Information:

  • Lot: Cleared, Level, Near Golf Course, Near Marina, Near Public Transit, Room for pool, Paved, Private, Unpaved
  • Lot Size: 1.67 Acres

School Info

Assigned Schools Information:

  • Gulf High School, Public Magnet Grades 9-12
  • Pasco Eschool-Virtual Franchise, Public District Grades 6-12
  • Gulf Middle School, Public District Grades 6-8
  • Richey Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000

Tax Information:

  • Annual Amount: $133
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Port Richey, FL.

Med. Sold Price

$295K

Med. Price/SqFt

$206

Avg. Days On Market

48

# of Sold Homes

200

5056 Southtowne Loop vs New Port Richey

200 DAYS ON ROCKET

+152 Days

$365,000

+$69.9K More

KEY TAKEAWAY

This property is $69.9K more than the Median Sold Price in New Port Richey, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #W7859019

Listing Office:

  • Office Name: FUTURE HOME REALTY
  • Office Phone: (800) 921-1330
  • Listing Agent: Janina Wozniak

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/5/2024, 10:19:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$133$6,848
2019$134$6,848
2018$134$6,848
2017$137$6,848

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6709954
1
/10
  • Richey Elementary School

  • 6807 Madison St

  • 1.04 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6709955
2
/10
  • Gulf Middle School

  • 6419 Louisiana Ave

  • 1.40 miles

  • Public District Grades 6-8

High School

school-card-donut-6709956
3
/10
  • Gulf High School

  • 5355 School Rd

  • 1.31 miles

  • Public Magnet Grades 9-12

school-card-donut-6709957
6
/10
  • Pasco Eschool-Virtual Franchise

  • 3023 Sunlake Blvd

  • 13.92 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,109. Typical income of New Port Richey, FL residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5056 Southtowne Loop

What is the listing price of this property?

The listing price of 5056 Southtowne Loop property is $365,000.

What type of property is this?

The property 5056 Southtowne Loop is land located in New Port Richey, Florida, 34652.

Is this property for sale now?

Sale Pending: 5056 Southtowne Loop is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 5056 Southtowne Loop are:
Richey Elementary School: GreatSchools Rating 1/10
Gulf Middle School: GreatSchools Rating 2/10
Gulf High School: GreatSchools Rating 3/10
Pasco Eschool-Virtual Franchise: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $133 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5056 Southtowne Loop is 1.67 acres.
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Rocket Homes›Florida›Pasco County›New Port Richey›34652›5056 Southtowne Loop

This home is located at 5056 Southtowne Loop in New Port Richey, FL and zip code 34652 in the Gulf Harbors neighborhood. This home sits on a 1.67 acre lot. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $365,000.

While more than 25 listings in New Port Richey, FL in April 2024 were sold above asking price, there were more than 51 listings sold at asking price, and more than 124 were sold below. The inventory of homes for sale in New Port Richey, FL between March 2024 and April 2024 increased by 2.4%. Listings spent 48 days on the market in April 2024, and had a median list price of $295,097 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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