7116/7120 OAKWOOD DRIVE
NEW PORT RICHEY, FL, 34652
$315,000
Beds
0 Baths
1,650 SqFt
0.16 Acres
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$315,000
7116/7120 OAKWOOD DRIVE
NEW PORT RICHEY, FL, 34652
Welcome to your Gulf Coast Estates investment! Turnkey and cash-flow ready. this updated duplex offers an exceptional opportunity for investors or house-hackers seeking a low-maintenance, income-generating asset. Each side features 2 bedrooms and 1 bathroom, with both units showcasing tasteful renovations including new soft-close cabinets, granite countertops, fresh interior paint, updated baseboards, new vanities, and newer A/C systems that have been brought up to current code standards. This property was previously impacted by flooding but has since been fully remediated and permitted, with the seller limiting repairs to just 17% of the property’s value. The units were most recently listed at $1,400 per month and received multiple applications, demonstrating strong rental demand. Tenants pay all utilities, and the owner has had minimal ongoing expenses beyond standard holding costs. With updated systems, low maintenance, and solid cash flow potential, don’t miss out on this amazing income-generating investment opportunity!

Property Details

Price:
$315,000
MLS #:
TB8392451
Status:
Active
Beds:
0
Baths:
0
Address:
7116/7120 OAKWOOD DRIVE
Type:
Multi Family
Subtype:
Duplex
Subdivision:
GULF COAST ESTATES
Neighborhood:
34652 – New Port Richey
City:
NEW PORT RICHEY
Listed Date:
Jun 3, 2025
State:
FL
Finished Sq Ft:
1,650
ZIP:
34652
Lot Size:
6,795 sqft / 0.16 acres (approx)
Year Built:
1981
Units:
2

Schools

Interior

Cooling
Central Air
Flooring
Tile
Heating
Central, Electric
Laundry Features
Outside

Exterior

Construction Materials
Block
Exterior Features
Other, Sliding Doors
Roof
Shingle

Financial

Tax Year
2024
Taxes
$5,409
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7116/7120 OAKWOOD DRIVE
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