4549 Ontario DRIVE, New Port Richey, FL 34652

$190,000 Asking Price

3 beds
2 baths
1,452  sqft
Built in 1981

Attention INVESTORS, CONTRACTORS, ENTREPRENEURS, and DIY ENTHUSIASTS! Unlock the potential of this prime investment opportunity located in the highly sought-after Beacon Woods Golf and Country Club community in the heart of New Port Richey. This property is perfect for those looking to build sweat equity and capitalize on a REHAB project with incredible upside! Originally designed as a 3-bedroom, 2-bath home, this property has been converted into a 2-bedroom, 1-bath residence with two additional efficiency units, offering excellent income-producing potential. With thoughtful repairs and updates, this home presents a unique opportunity to significantly increase its value while maximizing your return on investment. Key Highlights: • Flexible Layout: The main living area seamlessly connects the living room, kitchen, and family room. The family room can be easily reimagined into a third or fourth bedroom, providing added flexibility for potential rental income or personalization. • Income Potential: Two additional efficiencies on the property offer an excellent opportunity for rental income, making this home a versatile option for investors. • Rehab Opportunity: Ideal for investors, contractors or DIY homeowners ready to roll up their sleeves and transform this property into a hidden gem. • Flood Impact: This home was previously impacted by flooding and is being sold AS-IS, making it an attractive opportunity to add value through renovations and upgrades. Why This Property? Perfect for seasoned investors seeking their next project or first-time buyers looking for a rewarding renovation opportunity. Whether you're looking to optimize the layout for maximum income potential or create a beautiful family home, this property serves as a blank slate for your vision and design creativity. Don’t miss out on this high-potential investment! Schedule your viewing today and seize the opportunity to turn this fixer-upper into a profitable success story. Act quickly—opportunities like this don’t last long! *Water heater 2019, AC 2016 and Roof 2012*

Features & Amenities

Interior

General:
Ceiling Fan(s), Kitchen/Family Room Combo, Open Floorplan
Rooms:
Family Room, Garage Apartment, Inside Utility
Appliances:
Electric Water Heater
Laundry:
Laundry Room
Flooring:
Tile
A/C:
true, Central Air
Heating:
true, Central

Exterior

General:
French Doors, Private Mailbox, Sidewalk, Shed(s)
Style:
Traditional
Parking:
Converted Garage, Driveway

Construction

Roofing:
Shingle
General:
Block, Concrete, Stucco, One, Slab

Location

Road/Access:
Street Paved
Originating MLS:
Stellar MLS
County:
Pasco

Lot

Zoning:
R4, PALM LAKE TERR 1ST ADD PB 6 PG 40 LOT 12, 1826160110000000120
Fencing:
Chain Link, Fenced, Vinyl, Wood

Utilities

Utilities:
Electricity Connected, Water Connected
Water:
Public
Sewer:
Septic Tank

Financial

Source:
Stellar MLS

This listing courtesy of:
MIHARA & ASSOCIATES INC., Brendaliz Morales

About New Port Richey, FL

Housing

Number of Units
66,783
Median Home Value
$184,622
Median Rent
$943

30.27% of housing units are renter occupied.

9.80% are vacant.

Commute

Car
64.08%
Public Transportation
0.55%
Walk to Work
0.85%
Work from Home
32.94%
Other
0.92%

The median travel time to work is 20 minutes.

People

Population
135,962
Median Age
46.30
Median Household Size
2.53

Education

High School
35.26%
Associate’s Degree
10.67%
Bachelor’s Degree
15.44%
Graduate Degree
7.39%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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