New Port Colony Homes with No Deed Restriction Community Extras

New Port Colony Homes with No Deed Restriction Community Extras

Welcome to New Port Colony, a hidden gem nestled in the heart of New Port Richey, Florida. This charming subdivision offers a unique blend of tranquility and convenience, making it an ideal choice for families, retirees, and anyone looking for a welcoming community.

One of the standout features of New Port Colony is its homes with no deed restrictions. This means you have the freedom to personalize your property without the constraints often found in other neighborhoods. Whether you dream of a lush garden, a custom fence, or even a workshop for your hobbies, the possibilities are endless here.

The community itself is designed for comfort and connection. Residents enjoy spacious lots, allowing for ample outdoor space to entertain, relax, and enjoy Florida's beautiful weather. The neighborhood is lined with mature trees and well-maintained landscaping, creating a picturesque environment perfect for evening strolls or morning jogs.

Situated in Pasco County, New Port Colony is conveniently located near an array of amenities, including shopping centers, restaurants, and recreational facilities. The nearby Gulf of Mexico offers stunning beaches and water activities, making it easy to embrace the Florida lifestyle.

With its friendly atmosphere and no deed restrictions, New Port Colony is more than just a place to live—it's a place to thrive. Discover the charm of this unique community and make it your home today!

Newest New Port Colony Homes with No Deed Restriction Community Extras

$3,186,000
53 Beds ⋅ 40 Baths ⋅ New Port Colony SubDv. ⋅ 34652 Zip Code
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 ⋅ New Port Colony SubDv. ⋅ 34652 Zip Code
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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