Welcome to your Gulf Coast Estates investment! Turnkey and cash-flow ready. this updated duplex offers an exceptional opportunity for investors or house-hackers seeking a low-maintenance, income-generating asset. Each side features 2 bedrooms and 1 bathroom, with both units showcasing tasteful renovations including new soft-close cabinets, granite countertops, fresh interior paint, updated baseboards, new vanities, and newer A/C systems that have been brought up to current code standards. This property was previously impacted by flooding but has since been fully remediated and permitted, with the seller limiting repairs to just 17% of the property’s value. One of the units is currently occupied and the tenant pays $1450/ mo. The other side is available for rent or for owner to occupy. Tenants pay all utilities, and the owner has had minimal ongoing expenses beyond standard holding costs. With updated systems, low maintenance, and solid cash flow potential, don't miss out on this amazing income-generating investment opportunity!
For sale
Price cut: $5K (8/8)
$290,000
7116/7120 Oakwood Dr, New Pt Richey, FL 34652
4beds
2baths
1,650sqft
Est.:
Duplex, Multi Family
Built in 1981
-- sqft lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
Tasteful renovationsUpdated baseboardsGranite countertopsFresh interior paintNew vanitiesNew soft-close cabinets
- 70 days
- on Zillow |
- 1,842 |
- 146 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 01:21pm
Listing Provided by:
Monica Crawford 727-599-1944,
KELLER WILLIAMS ST PETE REALTY 727-894-1600,
Sabra Charpentier 970-631-6973,
KELLER WILLIAMS ST PETE REALTY
Source: Stellar MLS,MLS#: TB8392451
Originating MLS: Suncoast Tampa

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- Other, Solid Surface Counters
- Flooring: Tile
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total interior livable area: 1,650 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Exterior features: Other
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 6,795 Square Feet
- Features: City Lot
Details
- Parcel number: 162532018.0000.00021.0
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public, Water - Multiple Meters
Community & HOA
Community
- Subdivision: GULF COAST ESTATES
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: New Pt Richey
Financial & listing details
- Price per square foot: $176/sqft
- Annual tax amount: $5,408
- Date on market: 6/3/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 2800
- Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water
- Road surface type: Paved
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