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    Lake Kimberly Condo with Water Views Title is generated by Realmo AI

    9016 SHALLOWFORD LANE 202, Port Richey, FL 34668

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    For Sale
    $140,000

    Two-bedroom, two-bath condo with lake views in Port Richey.

    Type:Condo/Townhome
    Property size:
    1,008 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $138/SF
    Added:
    Mar 24, 2026
    Days on Market:
    90
    Last Refresh:
    Apr 6 at 3:41 am

    Property Features for 9016 SHALLOWFORD LANE 202

    General Information

    Standard status
    Active
    Size
    1,008 SF
    Lot size
    0.02 Acres
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    2005

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    Listing Contact
    Pamela Cohn PA

    Listing agent Pamela Cohn PA License #3045288

    Listing office BHHS FLORIDA PROPERTIES GROUP

    Listing date Mar 24, 2026

    Source Exitrealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of BHHS FLORIDA PROPERTIES GROUP

    HighLights

    • Water views from 3 rooms and a private balcony.
    • Maintenance‑free living with HOA covering water, trash, sewer, ground maintenance, exterior maintenance, common area insurance, and pest control.
    • Updated kitchen features white cabinets and granite counters, open to living and dining areas.
    • Large master suite boasts double closets and en‑suite bathroom with dual sinks and shower.
    • Convenient location close to major roads, Gulf View Square Mall, Werner‑Boyce Salt Springs State Park, restaurants, and shopping.
    • Built in 2005.

    Overview

    This two-bedroom, two-bath condo is located in the Lake Kimberly Condo Community. The split plan unit features water views from three rooms. The kitchen includes white cabinets and granite counters and is open to the dining and living room areas. An inside laundry room is located off the kitchen. The master suite includes large double closets and an en-suite bathroom with dual sinks and a shower. The second bedroom has a double closet. Sliding glass doors in the living room lead to a private balcony with pond views. The HOA includes the cost of water, trash, sewer, ground maintenance, exterior maintenance, common area insurance, and pest control. One assigned parking spot is included, with guest parking available. The property is conveniently located near major roads and is under 2 miles from Gulf View Square Mall. Werner-Boyce Salt Springs State Park, restaurants, and shopping are also nearby. The property size is 1008 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $18.1k $18.00
    − Vacancy −$1.3k −$1.28
    EGI $16.9k $16.72
    − OpEx −$7.6k −$7.52
    NOI $9.3k $9.20
    1,008 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $132.4K
    $115.9K – $154.5K (±1% cap)
    NOI $9,271 @ 7.0% cap · market cap 6.62%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $229.6K
    $200.9K – $267.9K (±1% cap)
    NOI $16,073 @ 7.0% cap · market cap 11.48%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.7032864
    Latitude
    28.2883201

    FAQs

    What type of property is this?
    Residential income property - Two-bedroom, two-bath condo with lake views in Port Richey.
    Where is this residential income property located?
    The property is located at 9016 SHALLOWFORD LANE 202 Port Richey, FL.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Water views from 3 rooms and a private balcony.; Maintenance‑free living with HOA covering water, trash, sewer, ground maintenance, exterior maintenance, common area insurance, and pest control.; Updated kitchen features white cabinets and granite counters, open to living and dining areas.
    More about this property
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