David Shippey
863.521.4517

7116/7120 Oakwood Drive New Port Richey Florida | Home for Sale

To schedule a showing of 7116/7120 Oakwood Drive, New Port Richey, Florida, Call David Shippey at 863-521-4517 TODAY!

$295,000 | 4 beds | N/A full baths | N/A half baths | 1,650 sqft

$295,000 Reduced -$4,000
7116/7120 Oakwood Drive
New Port Richey, FL 34652
  • 4Beds
  • 2.00Total Baths
  • 0 Full, 0 HalfBaths
  • 1,650SqFt
  • 1981Year Built
  • 0.16Acres
  • MLS# TB8392451
  • Income
  • Duplex
  • Active

  • Approx Time on Market1 month, 24 days
  • Area34652 - New Port Richey
  • CountyPasco
  • Subdivision Gulf Coast Estates

Overview

Welcome to your Gulf Coast Estates investment! Turnkey and cash-flow ready. this updated duplex offers an exceptional opportunity for investors or house-hackers seeking a low-maintenance, income-generating asset. Each side features 2 bedrooms and 1 bathroom, with both units showcasing tasteful renovations including new soft-close cabinets, granite countertops, fresh interior paint, updated baseboards, new vanities, and newer A/C systems that have been brought up to current code standards. This property was previously impacted by flooding but has since been fully remediated and permitted, with the seller limiting repairs to just 17% of the propertys value. The units were most recently listed at $1,400 per month and received multiple applications, demonstrating strong rental demand. Tenants pay all utilities, and the owner has had minimal ongoing expenses beyond standard holding costs. With updated systems, low maintenance, and solid cash flow potential, don't miss out on this amazing income-generating investment opportunity!



Agriculture / Farm

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  2.00

Building Info

Roof:  Shingle

Buyer Compensation

Exterior Features

Patio:  Covered

Pool Private:  No

Exterior Features:  Other

Fees / Restrictions

Financial

Gross Income:  22,835

Expense Tenant:  Electricity, Gas, Sewer, TrashCollection, Water

Original Price:  $325,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  No

Carport:  Yes

Car Ports:  2

Green / Env Info

Interior Features

Fireplace:  No

Floors:  Tile

Levels:  One

Spa:  No

Laundry Features:  Outside

Interior Features:  Other, SolidSurfaceCounters

Lot Info

Direction Remarks:  Off of Hwy 19 N, turn on to Avery Road and then take a left on Oakwood Drive. The property will be on your left.

Lot Size Units:  Acres

Lot Size Acres:  0.16

Lot Sqft:  6,795

Lot Desc:  CityLot

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  32

Class Type:  Duplex

Property Sub Type:  Duplex

Property Attached:  No

New Construction:  No

Construction Materials:  Block

Stories:  1

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  1,650

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  21

Tax Legal Description:  GULF COAST ESTATES PB 5 PG 100 LOT 21 EXC NORTH 6.72 FT THEREOF

Tax Block:  0000

Tax Annual Amount:  5408.5

Tax Book Number:  5-100

Unit Info

Total Units:  2

Total Actual Rent:  2,800

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public, MultipleMeters

Sewer:  PublicSewer

Cool System:  CentralAir

Cooling:  Yes

Heating:  Yes

Utilities:  MunicipalUtilities

Waterfront / Water

Waterfront:  No

View:  Yes

View:  TreesWoods

Directions

Off of Hwy 19 N, turn on to Avery Road and then take a left on Oakwood Drive. The property will be on your left.

This listing courtesy of Keller Williams St Pete Realty 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Tue, Jun 3rd 2025)
  • Original Price: $325,000
  • Current Price: $295,000
  • Price Reduced: $30,000
Date ChangedFromTo
07/16/2025$299,000 $295,000 Reduced by $4,000
07/07/2025$315,000 $299,000 Reduced by $16,000
06/17/2025$325,000 $315,000 Reduced by $10,000

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If you have any questions on 7116/7120 Oakwood Drive, New Port Richey, Florida, please call David Shippey at 863-521-4517.


MLS# TB8392451 located at 7116/7120 Oakwood Drive, New Port Richey, Florida is brought to you by David Shippey REALTOR®

7116/7120 Oakwood Drive, New Port Richey, Florida has 4 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 7116/7120 Oakwood Drive, New Port Richey, Florida is TB8392451.
The price for 7116/7120 Oakwood Drive, New Port Richey, Florida is $295,000.
The status of 7116/7120 Oakwood Drive, New Port Richey, Florida is Active.
The subdivision of 7116/7120 Oakwood Drive, New Port Richey, Florida is Gulf Coast Estates.
The home located at 7116/7120 Oakwood Drive, New Port Richey, Florida was built in 2025.

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