New Port Colony Homes with Buyer Approval Required Community Features

Welcome to New Port Colony, an enchanting subdivision nestled in the heart of New Port Richey, Florida. This charming community offers a unique blend of serene living and vibrant lifestyle, making it an ideal choice for families, retirees, and everyone in between.

New Port Colony is renowned for its picturesque landscapes and well-maintained homes, each reflecting a commitment to quality and comfort. With a variety of architectural styles, from contemporary designs to classic Florida ranches, there’s a perfect home waiting for you here. The community features a Buyer Approval Required policy, ensuring that residents share a mutual commitment to maintaining the neighborhood’s charm and character.

As you explore New Port Colony, you’ll discover an array of amenities designed to enhance your living experience. The community boasts beautifully landscaped common areas, walking paths for leisurely strolls, and inviting spaces for social gatherings. Residents can enjoy the nearby parks, where children can play, and families can picnic under the sun.

Located in Pasco County, New Port Colony is conveniently situated near shopping, dining, and recreational activities. Whether you're looking to explore the stunning Gulf Coast beaches, indulge in local cuisine, or engage in outdoor adventures, this community offers easy access to it all.

Embrace the tranquil lifestyle of New Port Colony, where community spirit thrives, and the beauty of Florida living is at your doorstep. Come and discover the perfect place to call home!

Newest New Port Colony Homes with Buyer Approval Required Community Features

$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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