15000 INSTANT EQUITY NEW PORT RICHEY FL 3BR2BA LTR APPRECIATION PLAY ARV 325000

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$15,000 INSTANT EQUITY - LONG-TERM HOLD IN PASCO COUNTY. BUY IT FOR THE DEPRECIATION, HOLD IT FOR THE APPRECIATION. A 3/2 in Woodridge Estates, New Port Richey, priced under a fresh CMA. The comp directly across the street closed at $334,500 last month - with two fewer bedrooms than this one. This is a buy-and-hold rental for an investor who wants a depreciation deduction and a Gulf-Coast appreciation curve, with real day-one equity underneath it. PROPERTY HIGHLIGHTS 3 bed / 2 bath - 1,461 sqft - 0.16 acre lot Built 1994 - Single-Family - Garage Woodridge Estates, Pasco County Condition: Good - light rehab only, $10,000 to $25,000 Annual property taxes: $3,291 Market rent: approximately $1,900/mo (New Port Richey 3/2 SFR range $1,850 to $2,000) THE NUMBERS Asking (Starting Price): $282,500 Buy Now Price: $302,500 ARV: $325,000 Estimated Reno: $10,000 to $25,000 Instant Equity: $15,000 Earnest Money Deposit: $5,000 COMPS - SOLD, LAST 45 DAYS, SAME ZIP 7343 Fairwood Ave - $334,500 - 1,498 sqft - sold 6/22/26 - SAME STREET, and only a 2 bedroom 6823 Crossbow Ln - $359,000 - 1,453 sqft - sold 6/11/26 - nearly identical footprint, 3/2 7211 Julian St - $402,500 - 1,818 sqft - sold 6/30/26 7446 Donegal St - $389,900 - 2,389 sqft - sold 6/24/26 7736 Wicklow St - $245,900 - 1,479 sqft - sold 6/10/26 6201 Silver Dr - $230,000 - 880 sqft - sold 6/30/26 Six-comp CMA average: $326,967. We are carrying ARV at $325,000, rounded down. CMA prepared 7/13/26. Buyers should still run their own comps and satisfy themselves on value. THE PLAY - DEPRECIATION AND APPRECIATION Hold and harvest depreciation. Cost-segregation and bonus-depreciation strategies may apply to the improvement basis. Ride appreciation, then refinance or 1031 into the next asset. Sell to a buy-and-hold investor after seasoning. LOCATION New Port Richey sits on Florida's Gulf Coast in Pasco County, roughly 40 minutes north of Tampa. Woodridge Estates is an established subdivision of two- and three-bedroom homes with garages, off Rowan Drive and Massachusetts Avenue. Pasco County continues to absorb Tampa-metro spillover demand, which is the appreciation thesis here. Six homes in this zip closed between $230,000 and $402,500 in the last 45 days, averaging 37 days on market. Phone: DISCLAIMER Property is being sold AS-IS, WHERE-IS. Buyer to pay all closing costs and title insurance. Cash or hard money only - no conventional or FHA financing. All offers require a $5,000 non-refundable earnest money deposit and an average 7-14 day close of escrow. Equal Opportunity Housing. Broker participation welcome at 3% on top of the buy-now price.

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