5421 Gulf Dr New Port Richey, FL 34652
- Land
- 1.61 lot acres
Current Use by Public Records
- Land
Property Details for 5421 Gulf Dr
- Lot size
- 1.61 lot acres
- Property type
- Land
Description
This exceptional 1.61-acre commercial land parcel is ideally situated at the corner of Gulf Drive and Charles Street in New Port Richey, Florida, boasting approximately 200 feet of frontage on Gulf Drive. Located just two blocks east of US Highway 19, this property benefits from high visibility and significant daily traffic counts (approximately 6,600 vehicles). The property's APN is 08-26-16-0270-00200-0010+. Currently zoned for office use, there is potential for residential development, offering flexibility for various projects. The asking price is $349,000, translating to $216,770.19 per acre. Situated in Pasco County, Florida, with a zip code of 34652, this location provides easy access to major roadways and amenities. Importantly, the property is located in a Flood Zone X. This presents a unique opportunity for developers seeking a high-traffic location with potential for diverse development options. The property's size and location make it an attractive investment for those seeking a prime commercial development site in a growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.7248
- Latitude
- 28.2389
