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7116/7120 Oakwood Drive

New Port Richey, FL 34652

– beds
– baths
1,650 sqft
6,795 sqft lot
$190 per sqft
1981 build
– on site

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. The units were most recently listed at $1,400 per month and received multiple applications, demonstrating strong rental demand. 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!

Listing courtesy of STELLAR_MLS / KELLER WILLIAMS ST PETE REALTY

Last checked: Checking… • Last updated Jun 17, 2025 •

MLS# TB8392451 —

The Building

Year Built:

1981
New Construction:

false
Construction Materials:

Block
Levels:

One
Roof:

Shingle
Foundation Details:

Slab
Patio And Porch Features:

Covered
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Other
Furnished:

Unfurnished
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

1650
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

Off of Hwy 19 N, turn on to Avery Road and then take a left on Oakwood Drive. The property will be on your left.
Latitude:

28.260657
Longitude:

-82.730831
Coordinates:

-82.730831, 28.260657

The Property

Parcel Number:

162532018.0000.00021.0
Property Type:

Residential Income
Property Subtype:

Duplex
Property Attached:

false
Lot Features:

City Lot
Lot Size Acres:

0.16
Lot Size Area:

6795
Lot Size SqFt:

6795
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

R3
View:

Trees/Woods
View:

true
Exterior Features:

Other
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

AE
Additional Parcels:

false
Homestead:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

21
Tax Legal Description:

GULF COAST ESTATES PB 5 PG 100 LOT 21 EXC NORTH 6.72 FT THEREOF
Tax Book Number:

5-100
Tax Annual Amount:

$5,408.50

The Listing

Virtual Tour URL Branded:

https://lens-honey-llc.aryeo.com/sites/kjalqwz/unbranded
Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8392451
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Public
Sewer:

Public Sewer

Appliances

Laundry Features:

Outside

The Community

Subdivision Name:

GULF COAST ESTATES
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

true
Carport Spaces:

2
Covered Spaces:

2

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/17/25 Jun 17, 2025	Price Changed	STELLAR_MLS	$315,000	-3.1%
6/3/25 Jun 3, 2025	Listed / Active	STELLAR_MLS	$325,000

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This multifamily located in Jeriverne Plaza, New Port Richey, FL 34652 is currently for sale for $315,000. 7116/7120 Oakwood Drive is a 1,650 square foot multifamily with – beds and – baths that has been on Estately for 14 days. 7116/7120 Oakwood Drive is in the Jeriverne Plaza neighborhood of New Port Richey and has a WalkScore® of 31, making it car-dependent.

Listing Courtesy of: STELLAR_MLS and KELLER WILLIAMS ST PETE REALTY.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.