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    5626 Congress St New Port Richey, FL 34653

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    For Sale
    $65,000

    Rare canal-front lot with Gulf of Mexico access, no HOA.

    Property Features for 5626 Congress St

    General Information

    Standard status
    Active

    Source: DUNEDIN REALTY LLC Agent PAUL LAMBA

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

    Overview

    Waterfront Lot Near Gulf Access

    This rare canal front lot presents a waterfront opportunity for investors. Situated on a secluded street, the property offers access to both the Cotee River and the Gulf of Mexico. Located just off the beaten path, it is conveniently close to shopping hubs and the restaurants, pubs, shops, and activities of downtown New Port Richey. There is no HOA. The existing structure is a gutted mobile home that may require demolition due to the 50% rule, where the cost of repairs exceeds what the city allows. The value is primarily in the land, offering the option to replace the current mobile home or construct a new home. The property is suited for boating, with access to both fresh and saltwater fishing, as well as local waterfront establishments along the river.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7069706
    Latitude
    28.240927

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    FAQs

    What type of property is this?
    Land - Rare canal-front lot with Gulf of Mexico access, no HOA.
    Where is this land located?
    The property is located at 5626 Congress St New Port Richey, FL.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Waterfront property with canal access to Cotee River and Gulf of Mexico. Ideal for boating, fishing, and enjoying waterfront activities.; - Rare canal front lot on a secluded street.; - No HOA fees.
    Request Owner's contact information
    5626 Congress St New Port Richey, FL 34653
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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
    5626 Congress St New Port Richey, FL 34653
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