7238 Dianne Dr, New Port Richey, FL 34652

Unbeatable Value in New Port Richey: Updated Home with Incredible Potential!

Discover an extraordinary opportunity at 7238 Dianne Dr, New Port Richey, FL 34652! This delightful 3-bedroom, 2-bathroom single-family home offers a comfortable 1,104 sqft of living space on a generous 6,534 sqft lot. Built in 1977, this property has seen significant recent updates, including a new electrical panel (2021) and a new HVAC system (2021), providing peace of mind for its next owner. With its desirable open floorplan, cathedral ceilings, and split bedroom layout, this home is ready for you to add your personal touches and build substantial equity.

Priced at an astonishingly low $149,990, with an estimated refinance payment of just $1,487/month (excluding property taxes of $3,525/year), this property stands out as an unparalleled value in the current New Port Richey market. Consider these powerful insights for the 34652 zip code:

• The median listing home price in 34652 is $260,000, with a median sold home price of $192,300 (as of February 2025). This home is priced significantly below even the median sold price, offering immediate equity potential.
• The median listing price per square foot in 34652 is $202. This property is priced at approximately $135.86 per square foot, offering substantial savings compared to the area median.
• For investors, 3-bedroom, 2-bathroom homes in New Port Richey typically rent for anywhere from $1,600 to $2,500+ per month, suggesting strong potential for rental income once updated.
• Enjoy the freedom of NO HOA FEES, keeping your monthly costs low.

New Port Richey offers an affordable cost of living and a laid-back coastal lifestyle, with convenient access to beaches like Green Key, parks, marinas, and various dining and shopping options. While located in a flood zone (requiring flood insurance), this home’s attractive price point and recent updates make it an ideal choice for a savvy investor seeking a high-ROI flip or a first-time homebuyer eager to customize a property and build equity in a growing part of Florida. Don’t miss this rare opportunity to acquire a property with such remarkable upside!