7141 Dell Rd #3 · New Port Richey East, FL 34653

$85,000

1 bd · 1.0 ba · 783 sqft · Condo public records · 158 Days on market

Built 1973 $345/mo HOA · 26% of rent

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +20.4/30.0
• 1% rule +10.0/10.0
• ARV discount +7.5/15.0
• DSCR +6.5/10.0
• Schools +4.3/10.0
• Livability +3.4/5.0
• Condition / age +2.5/5.0
• Rent growth +1.8/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

Key facts

• In unit laundry
• New dishwasher
• Breakfast bar

Tags

• NEW DISHWASHER
• BREAKFAST BAR
• IN UNIT LAUNDRY
• SCREENED IN PATIO

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath condo listed at $85k.

Deal economics

• At list price, monthly cash flow is $111 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 4.3% in New Port Richey East — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#499 in FL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Pasco (suburban): math 50% / reading 52% proficiency, ranked #32 of 73 in FL (top 44%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-2.9%/yr); 305 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 6,765 units permitted in Pasco County in 2024 (1,250 in 5+ unit buildings).
• This rent runs 32% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Pasco County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 158 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y ago; this cycle's ask has dropped $20k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 26% of rent.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 158 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.57% ✓
• Cap rate: 7.85%
• Cash-on-cash: 5.57%
• DSCR: 1.25
• GRM: 5.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -12.7%
• Equity multiple: 0.56×
• Total profit: $-10,415
• Equity at exit: $12,674

10-year hold

• IRR: -12.8%
• Equity multiple: 0.40×
• Total profit: $-14,184
• Equity at exit: $7,349

Cash invested: $23,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 34653

• Home prices YoY: -18.4%
• Rents YoY: -2.9%
• Active inventory: 305
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,338 high
• Mortgage (P&I): −$446
• Tax from tax record: −$121 /mo · $1,449/yr
• Insurance: −$35
• HOA: −$345
• Vacancy / Maint / Mgmt: −$281
• Net cashflow: $111

Break-even live

Break-even rent $1,199

Max offer price $85,000

Occupancy floor 87%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 24 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6635 Crossbow Ln New Port Richey, FL	2.0	2.0	1082	$1,695	$1.57	18d	1	0.51mi
7138 Bellaire Ter New Port Richey, FL	2.0	1.0	776	$1,350	$1.74	24d	1	0.57mi
7140 Bellaire Ter New Port Richey, FL	2.0	1.0	776	$1,350	$1.74	24d	1	0.57mi
7212 Carlton Arms Dr New Port Richey, FL	2.0	1.0–2.0	877	$1,222	$1.39	24d	1	0.59mi
6721 Congress St New Port Richey, FL	2.0	1.0	830	$1,250	$1.51	24d	1	0.75mi
6330 Pennsylvania Ave Unit 1 New Port Richey, FL	1.0	1.0	622	$1,150	$1.85	20d	1	0.95mi
6330 Pennsylvania Ave New Port Richey, FL	1.0	1.0	622	$1,150	$1.85	24d	1	0.95mi
6332 Pennsylvania Ave New Port Richey, FL	2.0	1.0	962	$1,250	$1.30	20d	1	0.96mi
6332 Pennsylvania Ave New Port Richey, FL	2.0	1.0	920	$1,250	$1.36	24d	1	0.96mi
6430 Lomand Ave New Port Richey, FL	2.0	1.5	952	$1,550	$1.63	24d	1	1.03mi
6324 Lomand Ave New Port Richey, FL	2.0	1.5	720	$1,375	$1.91	24d	1	1.11mi
6120 Indiana Ave New Port Richey, FL	2.0	1.0	676	$1,299	$1.92	4d	1	1.13mi
5822 Congress St #104 New Port Richey, FL	2.0	2.0	920	$1,650	$1.79	24d	1	1.22mi
5816 Congress St New Port Richey, FL	2.0	2.0	920	$1,400	$1.52	24d	1	1.25mi
8228 Chasco Woods Blvd Port Richey, FL	1.0–3.0	1.0–2.0	966	$1,015	$1.05	2d	22	1.32mi
6322 Alaska Ave New Port Richey, FL	2.0	1.0	720	$1,500	$2.08	24d	1	1.37mi
8356 Journet Blvd Port Richey, FL	1.0–2.0	1.0	843	$1,088	$1.29	24d	1	1.38mi
7026 Washington St New Port Richey, FL	1.0	1.0	600	$1,000	$1.67	18d	1	1.38mi
7026 Washington St New Port Richey, FL	1.0	1.0	600	$1,150	$1.92	4d	1	1.38mi
5800 Virginia Ave New Port Richey, FL	2.0	1.0	900	$1,550	$1.72	13d	1	1.42mi
5800 Virginia Ave New Port Richey, FL	2.0	1.0	900	$1,495	$1.66	20d	1	1.42mi
5847 Nebraska Ave New Port Richey, FL	1.0	1.0	900	$1,350	$1.50	24d	1	1.44mi
6921 Washington St Unit 3Apt 3 Port Richey, FL	2.0	1.0	750	$1,269	$1.69	20d	1	1.45mi
6029 Wyoming Ave New Port Richey, FL	2.0	1.0	792	$1,850	$2.34	24d	1	1.47mi

HOA detail condo

• Monthly dues: $345 · $4,140/yr
• Likely covers: watersewerelectriccablepool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 19 events

1. 2026-04-25
   status Pending
2. 2026-03-27
   price $85,000
3. 2026-03-11
   price $89,900
4. 2025-12-29
   price $95,000
5. 2025-12-07
   price $99,000
6. 2025-11-18
   listed $105,000 Active
7. 2022-03-23
   soldstatus $82,000
8. 2022-03-21
   soldstatus $82,000 Closed 1865-char remark

   Show marketing remark (1865 chars)

   ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

9. 2022-03-13
   status Pending 1865-char remark

   Show marketing remark (1865 chars)

   ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

10. 2022-02-14
    status Active 1865-char remark

    Show marketing remark (1865 chars)

    ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

11. 2022-02-08
    status Pending 1865-char remark

    Show marketing remark (1865 chars)

    ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

12. 2022-02-02
    status Active 1865-char remark

    Show marketing remark (1865 chars)

    ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

13. 2022-01-25
    status Pending 1865-char remark

    Show marketing remark (1865 chars)

    ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

14. 2022-01-24
    listed $84,900 Active 1865-char remark

    Show marketing remark (1865 chars)

    ATTENTION SNOWBIRDS!! PERFECT WINTER REATREAT!! ENJOY YOUR WINTERS AT A BEAUTIFULLY FURNISHED CONDO WITH GORGEOUS NATURE VIEWS with Birds and Cranes and lots more flying birds! DO YOU LOVE PEACE AND QUIET? This is the place for you! LOW HOA DUES AT $175 PER MONTH! 55 PLUS Community and NO PETS allowed in this community, so, there is no meowing or barking! DESIGNATED COVERED PARKING! WALKING DISTANCE TO SHOPPING for those last minute needs!! Come and enjoy your quaint little 2nd FLOOR END UNIT cottage overlooking the beautiful nature view. This is a ONE Bedroom, ONE Bath Condo with the Open Kitchen Plan with Bar looking into the Living Room and Nature, nice sized pantry too. Turnkey! Fully Furnished including all housewares too! Just bring your toothbrush! Washer and Dryer is inside the Master Bathroom. Master Bedroom has TWO Separate Closets. Get out of that snowstorm, and buy this adorable condo. 908 Square Total including Screened Enclosed Porch, so a nice sized and nice layout for a 1 bedroom condo. Public Water/Sewer, Cable, and Electric are all separate from the HOA Dues. So, you choose when you want these services on and off. Call TODAY - don't miss this one! Looking forward to hearing from YOU!! The furniture and all housewares is included with the purchase, and the condo is CASH ONLY "AS IS" sale. Modernize this Condo to your own Personal Touch! Just a few miles from historical downtown New Port Richey, and local beaches too. Magnolia Valley Condominiums does NOT have any amenities - No pool and No clubhouse. This helps keeps those HOA Dues low as well. Measurements are approximate. Stairs only, no elevator. Homeowners Only - Community does not want rentals, they want homeowners. Buyer to verify all these details by review of bylaws. Schedule your showing today!! Accepting Offers til February 7th at 5 pm.

15. 2006-09-11
    soldstatus $72,500
16. 2006-09-05
    soldstatus $72,500 624-char remark

    Show marketing remark (624 chars)

    MINT 2ND FLOOR CONDO - OVERLOOKING 4 TEES AT MAGNOLIA VALLEY - FABULOUS VIEWS FROM THE LARGE SCREEN PORCH. NICE KITCHEN WITH NEW REFRIGERATOR, TILE PLUS NEUTRAL CARPETING (LOOKS NEW) LARGE BEDROOM, ABSOLUTELY IMMACULATE CONDITION - OWNER DOES NOT USE DISWASHER, OR TRASH COMPACTOR - A/C NOT USED IN SUMMER- PERFECT FOR SINGLE OR WINTER RESIDENT - VERY LOW MONTHLY MAINT. - SELLING AS IS W/ RIGHT TO INSPECT - SHOWS GREAT - SMALL AMT. OF FURNITURE TO REMAIN - * * NOTE * * MAGNOLIAVALLEY GOLF COURSE IS OPEN TO PUBLIC * * CONDO'S MUST BE OWNER OCCUPIED - 55+ ASSOCIATION WILL NOT ACCEPT OWNER RENTING OUT PROPETY * *

17. 2006-02-07
    listed $74,900 624-char remark

    Show marketing remark (624 chars)

    MINT 2ND FLOOR CONDO - OVERLOOKING 4 TEES AT MAGNOLIA VALLEY - FABULOUS VIEWS FROM THE LARGE SCREEN PORCH. NICE KITCHEN WITH NEW REFRIGERATOR, TILE PLUS NEUTRAL CARPETING (LOOKS NEW) LARGE BEDROOM, ABSOLUTELY IMMACULATE CONDITION - OWNER DOES NOT USE DISWASHER, OR TRASH COMPACTOR - A/C NOT USED IN SUMMER- PERFECT FOR SINGLE OR WINTER RESIDENT - VERY LOW MONTHLY MAINT. - SELLING AS IS W/ RIGHT TO INSPECT - SHOWS GREAT - SMALL AMT. OF FURNITURE TO REMAIN - * * NOTE * * MAGNOLIAVALLEY GOLF COURSE IS OPEN TO PUBLIC * * CONDO'S MUST BE OWNER OCCUPIED - 55+ ASSOCIATION WILL NOT ACCEPT OWNER RENTING OUT PROPETY * *

18. 1995-12-26
    soldstatus $34,000
19. 1994-12-13
    soldstatus $32,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $1,449 · $121/mo
• Projected year-2 tax: $1,449 · $121/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,062
• − Mortgage interest: −$4,761
• − Property taxes: −$1,449
• − Insurance: −$425
• − Repairs & maintenance: −$1,285
• − Management: −$1,285
• − HOA: −$4,140
• − Depreciation: −$2,473
• Taxable income: $244
• Est. tax owed @ 24.0%: −$59
• After-tax cash flow: $1,268/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pasco
• NCES district ID: 1201530
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 52% ▼ -5.00%
• Median HH income: $45,039
• Composite: 43.14/100
• National rank: #3074
• State rank: #32 of 73 in FL

Livability — New Port Richey East

• Score: 68/100
• State rank: #499
• US rank: #9203

Category grades

Amenities F Commute F Cost of living A+ Crime C+ Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Port Richey East, FL
• County: Pasco County · 524,098 people
• City population: 36,086
• Metro: Tampa-St. Petersburg-Clearwater, FL
• Population (ZIP): 35,945
• Household income: $49,563
• Rent vs Own: 34.6% rent · 65.4% own
• Severe rent burden: 1439.0

Population outlook (Pasco County) Hauer SSP2

• Today (2025): 570,045 people
• By 2030: 605,844 · +6.3%
• By 2040: 674,806 · +18.4%
• By 2050: 736,022 · +29.1%
• By 2075: 862,900 · +51.4%
• By 2100: 906,364 · +59.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 14% Two or more races 9% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 4% Cuban 2%
• Common ancestry: Romanian 3% Lithuanian 2% Slovak 2%
• Foreign-born: 11% · Canada, Jamaica, China
• Languages at home: 84% English-only · Spanish 9% Other Indo-European 2% Russian/Polish/Slavic 2%

Political lean MEDSL · Pasco

• 2024 margin: Strong R (+25.2) · D 36.9% · R 62.1% · Other 1.0%
• 2008→2024 swing: -21.6pp toward R · 2008: -3.6pp · 2024: -25.2pp
• All cycles: 2024: R+25.2 2020: R+20.1 2016: R+21.6 2012: R+6.7 2008: R+3.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.10%
• Current HPI: 324.6519
• Rent YoY: ▼ -2.92%
• Metro: Tampa-St. Petersburg-Clearwater, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+165.6% since first listed

19 events — show timeline

• 2026-04-25 Pending — NAPLESMLS
• 2026-03-27 Price Changed $85,000 NAPLESMLS
• 2026-03-11 Price Changed $89,900 NAPLESMLS
• 2025-12-29 Price Changed $95,000 NAPLESMLS
• 2025-12-07 Price Changed $99,000 NAPLESMLS
• 2025-11-18 Listed $105,000 NAPLESMLS
• 2022-03-23 Sold (Public Records) $82,000 Public Records
• 2022-03-21 Sold (MLS) $82,000 Stellar MLS as Distributed by MLS Grid
• 2022-03-13 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-14 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-02-08 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-02-02 Relisted — Stellar MLS as Distributed by MLS Grid
• 2022-01-25 Pending — Stellar MLS as Distributed by MLS Grid
• 2022-01-24 Listed $84,900 Stellar MLS as Distributed by MLS Grid
• 2006-09-11 Sold (Public Records) $72,500 Public Records
• 2006-09-05 Sold (MLS) $72,500 Stellar MLS as Distributed by MLS Grid
• 2006-02-07 Listed $74,900 Stellar MLS as Distributed by MLS Grid
• 1995-12-26 Sold (Public Records) $34,000 Public Records
• 1994-12-13 Sold (Public Records) $32,000 Public Records

Property tax history

+5.3%/yr

Latest (2025): $1,449 · -7.6% YoY. Source: county tax records.