Homes for sale - 6323 TROUBLE CREEK RD, New Port Richey, FL 34653

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jan

Fri

Jan

Sat

Jan

Rich Henderson

rich@myrealtorrich.com +1(630) 338-3792

$ 539,000

Est. payment | -/mo

4 Beds

4 Baths

3,500 SqFt

Save Virtual Tour

$ 539,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

3,500 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $154

Subdivision Tampa Tarpon Spgs Land Co

MLS Listing ID TB8461756

Bedrooms 4

HOA Y/N No

Year Built 1958

Annual Tax Amount $4,159

Lot Size 0.600 Acres

Acres 0.6

Source Stellar MLS

Property Description

Bear Creek is a 9-pad hybrid manufactured housing and RV community located along Trouble Creek Road in New Port Richey, Florida. The property includes four fully renovated park-owned mobile homes and five RV pads, providing a mix of stable recurring income and seasonal flexibility. With strong in-place rents and recent capital improvements, the park delivers reliable cash flow with minimal near-term maintenance needs. The property generates an NOI of approximately $55,000, which reflects a 10.25 perc. cap rate at the asking price of $539,000. All 4 mobile homes were renovated between 2023 and 2025 with new kitchens, bathrooms, flooring, electrical systems, HVAC units, and other updates. This significantly reduces operating risk and enhances tenant retention. the park offers meaningful upside through potentially increasing RV occupancy, optimizing monthly RV rates, and implementing modest rent growth on the mobile homes. A pro forma stabilization scenario supports an estimated NOI of roughly $79,000, which places the long-term value of the park in the $880,000 to $1,060,000 range depending on assumed cap rates. Bear Creek benefits from a strong local market with persistent demand for affordable housing, steady employment bases, and consistent seasonal RV traffic. Small hybrid MH/RV parks in Pasco County are scarce, and comparable assets trade at higher each-pad values. Overall, Bear Creek is a turnkey investment with strong in-place cash flow, recently upgraded homes, and clear value-add potential. It is well suited for both first-time park investors and experienced operators seeking a small, manageable property with upside. RES12 Future Zoning gives the buyer the opportunity to develop this site in the future and add multiple SFH units.

Location

State FL

County Pasco

Community Tampa Tarpon Spgs Land Co

Area 34653 - New Port Richey

Zoning AR

Interior

Interior Features Other

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace false

Appliance Built-In Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Other

Parking Features Boat, Common, Driveway, Golf Cart Parking, Guest, Off Street, Open, RV Garage

Utilities Available Other

Roof Type Membrane

Garage false

Private Pool No

Building

Foundation Stem Wall

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Well

Structure Type Metal Siding

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, Other, Owner Financing, VA Loan

Listing Terms Cash, Conventional, Other, Owner Financing, VA Loan

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8461756

Listed by Stephen Hachey FLAT FEE MLS REALTY

Schools and Properties Nearby

SCHOOLSPROPERTIES

Elementary Schools 19

7

Athenian Academy of Pasco County

Public | KG - 8
6

Trinity Oaks Elementary School

Public | PK - 5
6

Mittye P. Locke Elementary School

Public | PK - 5
6

Deer Park Elementary School

Public | PK - 5
4

Sunray Elementary School

Public | PK - 5
4

Anclote Elementary School

Public | PK - 5
4

Cotee River Elementary School

Public | PK - 6
3

Seven Springs Elementary School

Public | PK - 5
2

Richey Elementary School

Public | PK - 5
1

James M. Marlowe Elementary School

Public | PK - 5
0

World of Knowledge: a Montessori School

Private | PK - 8
0

Web of Wisdom

Private | KG - 8
0

Genesis School

Private | PK - 5
0

The Rainbow Tree Christian School

Private | KG - 8
0

Elfers Christian School

Private | KG - 12
0

First Christian Academy

Private | PK - 8
0

Adventist Christian Academy

Private | KG - 8
0

Esther's School New Port Richey

Private | 1 - 12
0

Genesis School

Private | PK - 5

Middle Schools 6

9

Seven Springs Middle School

Public | 6 - 8
6

James W. Mitchell High School

Public | 6 - 12
4

Gulf Middle School

Public | 6 - 8
0

Schwettman Education Center

Public | 6 - 12
0

Ami Kids Pasco

Public | 6 - 12
0

Genesis Preparatory School

Private | 6 - 12

High Schools 1

5

Gulf High School

Public | 9 - 12

School and business data provided by Attom Data.

Learn More About LPT Realty

Rich Henderson

Sales Executive | License ID: SL3522272

rich@myrealtorrich.com

+1(630) 338-3792

6323 TROUBLE CREEK RD New Port Richey, FL 34653

Rich Henderson

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

Tour the Home

6323 TROUBLE CREEK RD