🔥 INVESTOR DEAL: Double Lot Multi-Unit Play with Massive ADU Upside! 🔥
About this property
12440 & 12450 Lantana Ave, New Port Richey, FL 34654 (Moon Lake / Pasco County)
Asking Price: $85,000 PER LOT ($160,000 Total)
Open to offers-Submit yours today!
The Buy-and-Hold Jackpot (Potential for 4 Doors!)
Secure two adjacent, vacant mobile home lots with immediate cash flow potential and a built-in equity play. Thanks to Pasco County's recently passed April 2025 ADU ordinance, you can build a second income stream on each lot!
Property Breakdowns Lot 1: 12440 Lantana Ave
Layout: 3 Bed / 2 Bath Mobile Home (1989 Build)
Lot Size: ~7,700 Sq Ft
Current Market Rent: $1,200 - $1,500/month
Lot 2: 12450 Lantana Ave
Layout: 3 Bed / 2 Bath Mobile Home (1982 Build)
Lot Size: ~7,700 Sq Ft
Current Market Rent: $1,500/month
Massive Upside Breakdown
April 2025 ADU Ordinance: Pasco County now officially allows Accessory Dwelling Units (ADUs) up to 1,200 sq ft on single-family lots (must be on a permanent foundation and smaller than the main home).
Pure Investor Play: There is NO owner-occupancy requirement. You can legally rent out BOTH units on the same lot.
Stable Income: Long-term rentals are fully permitted (180+ days). Note: Short-term rentals/Airbnb are not allowed.
The 4-Door Vision: Buy both lots, rent the existing rental-ready homes today, and add an ADU to each lot later. You will control 4 cash-flowing doors on one single street!
DEAL TERMS
CASH or HARD MONEY ONLY
EMD: $5,000 non-refundable
Closing: Fast close preferred (14-21 days).
Access: lockbox.
Property snapshot
Deal details
Request the deal package — comps, seller walkthrough and terms, sent to verified buyers usually within the hour.
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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.