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 seeking a vibrant community lifestyle.

One of the standout features of New Port Colony is its allure of homes with no deed restrictions. This means residents enjoy the freedom to personalize their properties without the constraints often associated with traditional neighborhoods. Whether you envision a lush garden, a workshop, or a cozy outdoor space for entertaining, the possibilities are endless!

As you stroll through the community, you’ll discover a variety of beautifully designed homes, each reflecting the individuality of its owners. The architecture ranges from classic Florida styles to modern designs, ensuring that there’s something for everyone. With spacious yards and mature landscaping, New Port Colony exudes a warm, welcoming atmosphere.

Beyond the homes, the community boasts a wealth of amenities and extras. Residents can enjoy access to nearby parks, recreational facilities, and scenic waterways, perfect for kayaking or fishing. The vibrant downtown area of New Port Richey is just a short drive away, offering an array of shops, restaurants, and cultural attractions.

Experience the charm of New Port Colony, where community spirit thrives, and the beauty of Florida living unfolds. Discover your dream home in this inviting neighborhood today, and embrace a lifestyle filled with freedom and possibility!

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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