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    5650 Gulf Dr Port Richey, FL 34652

    Sponsored
    For Sale
    $145,000

    0.6-acre lot, ideal commercial location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.6-acre commercial land parcel presents a unique investment opportunity in Port Richey, Florida. Located at 5650 Gulf Dr, this property boasts a highly desirable virtual corner location, offering excellent visibility and accessibility. The lot features double road frontage, maximizing exposure and potential for development. The property is zoned OFC (Office/Flex Commercial) by the City of New Port Richey, allowing for a variety of commercial uses. Convenient access to essential utilities is ensured with sewer and water readily available on-site. Priced at $145,000, this property in Pasco County (zip code 34652) represents a compelling chance to acquire a strategically positioned commercial lot with significant development potential. Its location offers easy access to major roadways and local amenities, making it an attractive option for businesses seeking a prominent presence in a thriving community. The coordinates are 28.238861955765344 latitude and -82.72066482387126 longitude. Don't miss this chance to secure this valuable asset.

    Property Features for 5650 Gulf Dr

    General Information

    Property type
    Land
    Lot Size
    26,136 SF

    HighLights

    • 0.6‑acre commercial lot in Port Richey, FL, priced at $145,000.
    • Highly visible virtual corner lot at 5650 Gulf Dr with double road frontage.
    • OFC (Office/Flex Commercial) zoning allows for diverse commercial uses.
    • Sewer and water readily available.
    • Convenient access to major roadways and amenities in Pasco County (zip code 34652).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.720664823871
    Latitude
    28.238861955765

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    FAQs

    What type of property is this?
    Land - 0.6-acre lot, ideal commercial location.
    Where is this land located?
    The property is located at 5650 Gulf Dr Port Richey, FL.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: 0.6-acre commercial lot in Port Richey, FL, priced at $145,000.; Highly visible virtual corner lot at 5650 Gulf Dr with double road frontage.; OFC (Office/Flex Commercial) zoning allows for diverse commercial uses.
    Request Owner's contact information
    5650 Gulf Dr Port Richey, FL 34652
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    Port Richey, FL 34652
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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
    5650 Gulf Dr Port Richey, FL 34652
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