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    8124 Cormel St Port Richey, FL 34668

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    For Sale
    $275,000

    Income-producing duplex in a desirable location near waterfront amenities.

    Lot size:
    0.18 Acres

    Property Features for 8124 Cormel St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1988

    Source: THE SOMERDAY GROUP PL Agent Matt Generose

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Port Richey Duplex Near Waterfront

    This Port Richey duplex is located blocks from waterfront dining and entertainment. Each unit offers spacious living and rental potential, suitable for long-term tenants, short-term rentals, or owner-occupancy with leasing of the other unit. The property provides easy access to US-19, shopping, and beaches. The roof was replaced in 2024. The property is located in a desirable location along the Gulf Coast.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7219144
    Latitude
    28.2753327

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    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in a desirable location near waterfront amenities.
    Where is this duplex located?
    The property is located at 8124 Cormel St Port Richey, FL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - New roof installed in 2024.; - Prime location near waterfront dining and entertainment like Hooters and Whiskey Joes.; - Income-producing duplex with rental potential for long-term or short-term leases.
    (727) 479-9042
    Request Owner's contact information
    8124 Cormel St Port Richey, FL 34668
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8124 Cormel St Port Richey, FL 34668
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