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Pasco County · New Port Richey, FL 34652

Investor, Landlord, and First-Time Home Buyer Opportunity in New Port Richey

$230,000
2
Beds
2
Baths
1,128
Sq ft
1975
Year built
15% ARV upside$55,000 gross margin

About this property

Welcome to 3625 Cockatoo Dr, a well-located 2-bedroom, 2-bath home offering 1,128 square feet of living space on a 5,140 sq ft lot. Built in 1975, this property features a functional layout, attached garage, and durable exterior construction with stucco and brick. With city water and sewer, plus utilities already on, the home is positioned for a smooth transition for its next owner. Inside, the home features LVP flooring, a slab foundation, and a comfortable floor plan with updated improvements already completed. Recent upgrades include a remodeled bathroom with GFI protection and updated electrical, along with new dome lights installed. Major systems are in solid shape, including a 2-year-old HVAC system and 2-year-old water heater. The roof is approximately 15 years old and is a shingle roof. This home could use some cosmetic updating, including cabinets and paint, making it an excellent option for buyers looking to add value. Whether you are an investor seeking a strong rental, a landlord looking for a manageable property, or a first-time home buyer wanting an affordable home with room to personalize, this property offers great potential. The seller is not including any personal items in the sale, and additional outdoor features or HOA details can be added as applicable. For Showing please call Riley Kent 281-205-1675

Property snapshot

Layout2 Bed / 2 Bath
Living area1,128 sq ft
Lot size5,140 sq ft
Year built1975
Property typeLand
CountyPasco County

Deal details

Asking price$230,000
ARV estimate$265,000
Spread15% upside
Gross margin$55,000
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Ms. Meriam Aberri
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The numbers

Asking
$230K
ARV est.
$265K
Spread
15%
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