Additional Details

• Important Details: --> Vacant at close
• Features: Offered under 65k, this 3/1.5, 1,960 SQFT property at 9260 Lake Dr, New Port Richey, FL 34654 is being sold vacant at close, providing a low entry point for investors. With the lowest active manufactured home in this pocket listed at $139k, this opportunity offers significant upside as a flip or rental, making it a strong value-add play in the area.
• Potential ARV: $150,000-$170,000
• Rehab Description: This property will require a full rehab with basic finishes to maximize resale value. Update or replace the roof and AC, power wash the exterior, and apply fresh interior and exterior paint. Modernize the home by updating the kitchen, flooring, bathrooms, and fixtures, followed by a deep clean to make the property market-ready.
• Comparable Rent: $1400-$1500/MO
• Ideal Investment Strategy: Resale/Rental
• Construction: MH
• Comp 1: 12634 CORONADO WAY, NEW PORT RICHEY, FL 34654 3/1 924 SQFT 1985 Build PENDING @ $113,900 (Smaller/dated)
• Comp 2: 10615 LISLE ST, NEW PORT RICHEY, FL 34654 3/2 960 SQFT 2008 Build SOLD @ $135,000 9/19/25 (Dated)
• Comp 3: 9155 CODEL LOOP, NEW PORT RICHEY, FL 34654 3/2 936 SQFT 2023 Build SOLD @ $177,000 9/23/25 (Newer build but basic updates)
• Comp 4: 12426 TERRA CEIA AVE, NEW PORT RICHEY, FL 34654 3/2 960 SQFT 2020 Build SOLD @ $210,000 9/30/25 (Newer build but basic updates)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money