New Port Colony Homes with False Waterfront Description

Welcome to New Port Colony, a hidden gem nestled in the heart of New Port Richey, Florida. This charming subdivision is a delightful blend of serene living and vibrant community life, making it an ideal choice for families, retirees, and anyone seeking a peaceful retreat. With its picturesque surroundings and proximity to the stunning Gulf Coast, New Port Colony offers a lifestyle that is both relaxed and invigorating.

The homes in New Port Colony are a true highlight of the community, featuring a range of designs that cater to various tastes and preferences. Many properties boast beautiful false waterfront views, creating a tranquil atmosphere that enhances the overall appeal of the neighborhood. Imagine waking up each morning to the gentle sounds of nature and enjoying your coffee on a patio that feels like a serene oasis.

Residents of New Port Colony enjoy easy access to a wealth of amenities, including nearby parks, shopping centers, and dining options. The vibrant downtown area of New Port Richey is just a short drive away, offering a variety of entertainment and cultural experiences. For those who love the outdoors, the nearby waterways and beaches provide endless opportunities for fishing, boating, and soaking up the Florida sunshine.

With its welcoming community spirit and picturesque homes, New Port Colony is more than just a place to live; it's a lifestyle waiting to be embraced. Come and discover the charm of New Port Colony, where your dream home awaits!

Newest New Port Colony Homes with False Waterfront Description

$3,186,000

53 Beds ⋅ 40 Baths ⋅ W7885459 MLS

New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | 10% Cap Rate. Turnkey multifamily investment. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate. The unit mix is well-balanced, with 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Every unit has been updated and comes equipped with central heating and air. And here's what really sets this property apart: all 36 units have their own private garage — washer/dryer hookups in the garage of each unit. Residents get their own parking and their own laundry, all tucked right outside their door. There's a pool, shuffleboard, and a neighborhood feel that residents take pride in. Residents have the option to join the Gulf Harbors Beach Club — one of the only private Gulf-front beach clubs in the area — for just $200 a year. It's a small cost that adds a lifestyle element most apartment communities simply can't offer. Day-to-day living is easy. Groceries, restaurants, shopping, and medical facilities are all close by, which matters a great deal to the 55+ residents who call this place home. The 55+ demographic is one of the most stable tenant bases in residential real estate — low turnover, consistent payment history, and genuine pride of residency. New Port Colony reflects all of that. Strong returns, updated units, a private garage, and a beach club down the road.

4954 Bitner Street, New Port Richey

$3,186,000

53 Beds ⋅ 40 Baths ⋅ W7885450 MLS

New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | 10% Cap Rate. If you've been searching for a turnkey multifamily investment that truly checks every box, New Port Colony deserves your full attention. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate — and once you understand what's included, it's easy to see why. The unit mix is well-balanced, with 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Every unit has been updated and comes equipped with central heating and air. And here's what really sets this property apart: all 36 units have their own private garage — washer/dryer hookups in the garage of each unit. Residents get their own parking and their own laundry, all tucked right outside their door. There's a pool, shuffleboard, and a neighborhood feel that residents take pride in. Residents have the option to join the Gulf Harbors Beach Club — one of the only private Gulf-front beach clubs in the area — for just $200 a year. It's a small cost that adds a lifestyle element most apartment communities simply can't offer. Day-to-day living is easy. Groceries, restaurants, shopping, and medical facilities are all close by, which matters a great deal to the 55+ residents who call this place home. The 55+ demographic is one of the most stable tenant bases in residential real estate — low turnover, consistent payment history, and genuine pride of residency. New Port Colony reflects all of that. Strong returns, updated units, a private garage, and a beach club down the road.

4954 Bitner Street, New Port Richey

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