Property profile

6711 Durian Trl New Port Richey, FL 34653

OFF-MARKET
Land
Property ID
US18-4681732
2,146 SF 0.63 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity presents a four-unit multifamily property situated on a spacious 0.63-acre lot in New Port Richey, Florida, at 6711 Durian Trail, zip code 34653. The property, totaling 2,146 square feet, is currently configured as a duplex/triplex/quadruplex and offers significant potential for renovation and increased rental income. The property includes a 2/2 mobile home, a detached three-car garage with a workshop, and a separate guest cottage with a half-bath. While the property requires substantial renovation, including updates to the A/C, roof, and flooring, the large lot size and multiple structures present a unique opportunity for a savvy investor. The property has several patio areas, although some require repair due to storm damage. Utilities include county water, three septic systems, and a well. The property is zoned R2 for low-density residential use, allowing for various business applications. Its location, just behind an assisted living facility and near Dobies Funeral Home, offers convenient access to local amenities. The property also benefits from two access points. This is a fixer-upper with considerable upside potential for the right buyer. The asking price is $140,000. This property is located in an X flood zone.

Property profile

Verified
Property type Land
Total area 2,146 SF
Lot 0.63 ac (27,443 SF)
UPID US18-4681732

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6711 Durian Trl New Port Richey, FL 34653
New Port Richey metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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