$167,500
Exceptional investment opportunity near New Port Richey’s transformative waterfront redevelopment. This prime 0.31-acre parcel, zoned R2, offers outstanding potential for residential development, whether you envision a single-family home or a duplex. Ideally located adjacent to the city’s $40 million Riverside Inn redevelopment, your future build will sit alongside one of the region’s most ambitious projects. The Downtown and Highway 19 Corridor Master Plan is reshaping the area into a vibrant, walkable, mixed-use waterfront district featuring luxury condominium towers, a boutique hotel, retail and dining options, a marina, waterfront recreation, and beautifully enhanced streetscapes. This flat, buildable lot provides easy access to utilities and major roads and offers close proximity to the Cotee River, Sims Park, and exciting new mixed-use amenities. Located in the heart of a designated redevelopment zone, property values in this area continue to rise with strong city investment and development incentives. Whether you plan to build to live, rent, or sell, this property places you at the center of New Port Richey’s most exciting urban renewal, offering exceptional long-term growth potential in a waterfront community on Florida’s Gulf Coast. Seller also owns parcel to the west and is willing to do package deal.
Driving Directions From US 19, Cedar Ln, right on Pier Rd. Property is on the left at the Corner of Pier and November St
TB8436076
MLS
7601 Pier Road, Port Richey