4240 FLORAMAR TERRACE, NEW PORT RICHEY, FL, 34652
Active114 days on marketListed Apr 25, 2026MLS #W7885097
About this home
4240 FLORAMAR TERRACE
Virtually Staged. Welcome to the waterfront lifestyle you’ve been dreaming of in the desirable Gulf Harbors community! Beautifully remodeled and thoughtfully upgraded, this 2-bedroom, 1.5-bath home offers the ideal combination of modern comfort, coastal style, and boating access—all from your own backyard. The extensive renovation was completed with the required county permits and includes brand-new electrical, updated interior plumbing (excluding the main line), new flooring throughout, and a stunning modern kitchen designed for everyday living and entertaining. The full bathroom has also been beautifully updated with a sleek, modern glass-enclosed shower. Additional improvements include a newly replaced roof, a recently rescreened pool enclosure, and a professionally rebuilt HVAC system that, according to the seller, was not affected by hurricane water. The half bathroom in the garage is also being completed with the addition of a sink. Step outside and discover your private Florida oasis, featuring an inground pool and spa where you can relax, entertain, and enjoy the sunshine year-round. Beyond the pool, a private dock places boating, fishing, kayaking, paddleboarding, and sunset cruises right at your doorstep. The canal provides access to the open Gulf through one bridge. Boat clearance depends on the vessel, tide, and water conditions; however, collapsible T-tops are commonly used by some neighbors. One nearby owner reports operating a 25-foot center-console boat with a T-top and clearing the bridge approximately 75% of the time without lowering it. Residents may also choose to join the Gulf Harbors private beach club and enjoy access to a welcoming community clubhouse offering activities such as bingo and yoga, along with a rentable salon and banquet space for private gatherings. Conveniently located near shopping, restaurants, hospitals, pharmacies, and everyday services, this home delivers an exceptional combination of waterfront recreation, modern upgrades, community amenities, and convenience. Don’t miss your opportunity to own a move-in-ready waterfront retreat in one of the area’s most desirable coastal communities!
Facts & features
The home at a glance
2
Bedrooms
1.5
Bathrooms
1,008
Sqft
0.19 ac
Lot size
1
Garage
1968
Year built
One
Levels
$486
Per sqft
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 and the real association fee — not generic estimates.
$3,463 /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
$3,463/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.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+26%
$/sqft vs FLOR A MAR
$486 vs $384
Days on market
114 vs 52 typical
Where $486/sqft sits among the 63 homes for sale in FLOR A MAR
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Flor-a-mar
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 →
Flor-a-mar — neighborhood snapshot
Population
2,712
Median age
56
Median income
$96,857
Median home value
$435,193
Avg household
2
Households w/ children
136
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 → $270K
New Port Richey median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
39 of 63
FLOR A MAR have cut their price
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 127% above the NEW PORT RICHEY 34652 median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 4240 FLORAMAR TERRACE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$166,088
4527 FLORAMAR TERRACE · same community
2 bd · 1 ba · 1,040 sqft · $160/sqft · 36 DOM
Sold · Nov ’25$280,000
5033 BLUE HERON DRIVE · same community
2 bd · 1 ba · 1,071 sqft · $261/sqft · 59 DOM
Sold · Jun ’26$295,000
4848 SHELL STREAM BOULEVARD · same community
3 bd · 2 ba · 1,264 sqft · $233/sqft · 8 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
Frantreshia Miller
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4240 FLORAMAR TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4240 FLORAMAR TERRACE — before you fall in love.
See it in person
Schedule a tour
Live availability from Frantreshia's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4240 FLORAMAR TERRACE FAQs
What would the monthly payment be for 4240 FLORAMAR TERRACE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,463/mo — principal and interest, the actual property-tax bill, the $10/mo association fee 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.
How much are the HOA fees at 4240 FLORAMAR TERRACE?+
The association fee works out to $10 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4240 FLORAMAR TERRACE?+
The most recent tax bill on record (2025) was $2,309. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 4240 FLORAMAR TERRACE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in New Port Richey?+
At $489,900, this home is listed about 72% above the New Port Richey median of $284,900. The market section on this page shows how the area is trending.
Which schools are assigned to 4240 FLORAMAR TERRACE?+
Gulf High School (high), Gulf Middle School (middle) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$489,900 runs 127% above the NEW PORT RICHEY 34652 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
114 days on market against a New Port Richey median of 52 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of LARTOK LLC · Renata Langame. MLS #W7885097.
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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