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About this home
5421 Gulf Dr is a home in Crafts, New Port Richey. Flood zone X500 - outside the FEMA high-risk areas, which keeps insurance manageable.
This offering presents a unique opportunity to acquire 1.61± acres of strategically located land at the corner of Gulf Drive and Charles Street, just two blocks east of US Highway 19 in the heart of New Port Richey, FL. With 200± feet of frontage on Gulf Drive and daily traffic counts of approximately 6,600 vehicles, the property boasts strong visibility and access. Located within the City of New Port Richey, the site is zoned for Medical Office use and may also offer potential for residential development, making it an ideal location for a variety of future uses. Positioned in Flood Zone X and surrounded by dense residential and commercial development, this property is priced to attract investors and developers alike.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$349,000
Time on market
2305 days
Monthly payment
About $2,044/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $593 annual tax bill, insurance.
Flood zone
Zone X500
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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