SR 54, NEW PORT RICHEY, FL, 34655
Active1228 days on marketListed Mar 30, 2023MLS #U8195308
About this home
SR 54
DEVELOPMENT OPPORTUNITY! SURVEYS AVAILABLE, 1.55 ACRES ON SR 54! Bring your vision to life with this rare chance to own three adjoining, SURVEYRD LOTS—totaling 1.55 acres of high-visibility land in a booming New Port Richey corridor. Featuring a combined 250 feet of direct frontage along SR 54, where over 40,000 vehicles pass by daily, this property offers unbeatable exposure for your next commercial venture. Three Combined Parcels: – 0.85 acres (37,022 SqFt) zoned C1-PID (Commercial). – 0.56 acres (24,181 SqFt) zoned R1MH/SFR. – 0.14 acres (6,141 SqFt) zoned R1MH/SFR. Strategic Location with flanked by All Pets Hospital to the east and an AC repair shop to the west, with Pasco Square shopping plaza (Bealls Outlet, UPS, Dollar General, Subway, Arby’s, Pizza Hut, and more) just steps away. Easy Access, Riverrun Rd to the south; all major amenities within 2 miles—including hospital, Walmart, restaurants, and pharmacies. Only 30 minutes to Tampa International Airport. Zoning allows flexible options for commercial, mixed-use, or residential development. SURVEY available for all parcels. This is a golden opportunity for entrepreneurs, investors, or builders—whether you’re planning retail, medical, office, or something unique. With unbeatable frontage, high daily traffic, and convenience to everything, this land is ready for your business to shine.
Facts & features
The home at a glance
1.55 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,799 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,799/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside New Port Richey
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know New Port Richey. See the full New Port Richey guide →
NEW PORT RICHEY 34655 — neighborhood snapshot
Population
47,696
Median age
45.7
Median income
$85,107
Median home value
$353,000
Avg household
2.53
Households w/ children
5,515
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The New Port Richey market
$280K → $260K
New Port Richey median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 22% below the NEW PORT RICHEY 34655 median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near SR 54
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$146,000
3002 FORRESTAL COURT
1 bd · 1 ba · 660 sqft · $221/sqft · 3 DOM
Sold · Jun ’26$172,500
3002 WAINWRIGHT COURT
1 bd · 1 ba · 660 sqft · $261/sqft · 0 DOM
Sold · Oct ’25$90,000
3113 SEVEN SPRINGS BOULEVARD
1 bd · 1 ba · 690 sqft · $130/sqft · 16 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about SR 54 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for SR 54 — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
SR 54 FAQs
What would the monthly payment be for SR 54?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,799/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on SR 54?+
The most recent tax bill on record (2023) was $678. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in New Port Richey?+
At $250,000, this home is listed about 11% below the New Port Richey median of $280,000. The market section on this page shows how the area is trending.
Which schools are assigned to SR 54?+
Trinity Oaks Elementary School (elementary), Seven Springs Middle School (middle), James W. Mitchell High School (high) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the NEW PORT RICHEY 34655 market on paper
$250,000 is 22% below the NEW PORT RICHEY 34655 median of $319,900.
02Time on market is leverage
1228 days on market against a New Port Richey median of 50 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Trinity Oaks Elementary School, Seven Springs Middle School, James W. Mitchell High School — Seven Springs Middle School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $450,000, now $250,000 — a $200K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS RLTY NEW TAMPA · WANDY GARCIA, X LLC. MLS #U8195308.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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