~ DESCRIPTION OF DESIRED BUYER ~
Effective Saturday, February 1, 2025, working with only CASH BUYER who desires to complete the repairs themselves or collaborate with construction-savvy handymen to turn this property into their dream home or cash flowing rental property in the desirable Embassy Hills subdivision. Depending on how cost-effective their repairs are, they will enjoy built-in equity upon completion of the renovations and move in or rent it for $2,000/month.
If this sounds like you—or someone you know—looking for a property in a great area with solid bones, a functional layout, and a reasonable asking price (factoring in the cost of repairs), we’d love to work with you on an off-market deal (no realtor fees or commissions)!
~ PROPERTY DESCRIPTION ~
This 3-bedroom, 2-bathroom house features a 1-car garage with very easy access to US 19. The property includes a separate living room / dining room combo, and a screened in patio room. The backyard is partially fenced.
The property is in good condition and offers excellent investment potential in the sought-after Embassy Hills neighborhood of Port Richey. Notable features include a newer roof, ac and water heater.
Key Highlights:
- NO WATER DAMAGE OR INTRUSION—stayed completely dry during the 2024 hurricane season.
~ PROPERTY SYSTEMS & DETAILS ~
- Roof: Installed in 2019
- HVAC: Installed in 2019
- Water Heater: Installed in 2024
- Current Rent: $1,850/month
- Estimated Rent (Post-Repairs): $2,000/month
- HOA: None
~ COMPARABLES ~
Active Listings:
- 9414 Lido Ln: 3 beds / 2 baths / 1 car garage, Built 1977, 1,344 sq. ft., Listed at $309,000 ($230/sq. ft.)
- 7027 Fireside Dr: 3 beds / 2 baths / 2 car garage, Built 1977, 1,486 sq. ft., Listed at $309,900 ($209/sq. ft.)
- 7030 Coral Reef: 3 beds / 2 baths / 1 car garage, Built 1973, 1,577 sq. ft., Listed at $257,500 ($163/sq. ft.)
- 7015 Nova Scotia: 3 beds / 2 baths / 2 car garage, Built 1977, 1,687 sq. ft., Listed at $268,000 ($159/sq. ft.)
Pending Sales:
- 8752 Lido Ln: 3 beds / 2 baths / 1 car garage, Built 1974, 1,282 sq. ft., Under Contract at $280,000 ($218/sq. ft.)
- 7015 Kingsway Dr: 3 beds / 2 baths / 2 car garage, Built 1987, 1,622 sq. ft., Under Contract at $330,000 ($203/sq. ft.)
- 7117 Fireside Dr: 3 beds / 2 baths / 2 car garage, Built 1979, 1,602 sq. ft., Under Contract at $272,900 ($170/sq. ft.)
Recently Sold:
- 8710 Saint Regis Ln: 3 beds / 2 baths / 1 car garage, Built 1979, 1,234 sq. ft., Sold for $247,100 ($200/sq. ft.) on 12/30/24
- 9010 Glen Moor Ln: 3 beds / 2 baths / 1 car garage, Built 1986, 1,434 sq. ft., Sold for $320,000 ($223/sq. ft.) on 10/25/24
- 7035 Sandalwood Dr: 3 beds / 2 baths / 1 car garage, Built 1977, 1,385 sq. ft., Sold for $220,000 ($192/sq. ft.) on 10/17/24
- 7130 Flaggler Dr: 3 beds / 2 baths / 1 car garage, Built 1977, 1,412 sq. ft., Sold for $50,000 ($177/sq. ft.) on 09/17/24
SHOWING INSTRUCTIONS ~
Serious inquiries only, please. For more details and showing instructions, contact Steve: We are considering all cash offers by 12pm, February 7th. Submit your highest and best offer today! TERMS:
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