Property Description

Virtually Staged. Rare riverfront opportunity in the heart of downtown New Port Richey. Situated on just under half an acre along the Pithlachascotee, or 'Cotee, River, this property offers approximately 90 feet of waterfront, a concrete seawall, and a location directly across the river from Sims Park and just off Main Street.Built in 1928, the two-story home provides more than 1,800 square feet and has been divided into three living spaces. The front unit includes one bedroom, one bath, and a dining room and is in nice condition. The rear portion offers two bedrooms, one-and-a-half baths, a living room, and a large kitchen and dining area ready for updating. Upstairs is an approximately 200-square-foot efficiency-style space with a full bath and both interior and exterior access, offering potential as an in-law suite or private guest space.This property presents several exciting paths forward. Restore its early New Port Richey character, reconfigure it as a single riverfront residence, or explore continued use of the multiple living spaces, subject to applicable zoning and permitting.For buyers with a larger vision, the site may also present an exceptional redevelopment opportunity. Remove the existing structure and explore building a new elevated waterfront home designed to maximize the river views, generous lot, and walkable downtown setting. A thoughtfully planned residence could create substantial appeal and long-term value in a location that would be difficult to duplicate.The seawall also provides a natural place to explore adding a dock or boat-access area, subject to permitting and approval. Whether the vision is restoration, investment, redevelopment, or the creation of a distinctive downtown waterfront home, this property offers the location, land, frontage, and possibilities to make it happen.