New Port Colony Real Estate

Welcome to New Port Colony, a hidden gem nestled in the heart of New Port Richey, Florida! This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone seeking a vibrant community atmosphere.

New Port Colony is characterized by its picturesque landscapes, featuring lush greenery and serene waterways that create a peaceful ambiance. Residents enjoy well-maintained streets lined with beautiful homes, each showcasing unique architectural styles that reflect the warmth and charm of Florida living. The community is known for its friendly neighbors and a strong sense of belonging, making it easy to forge lasting connections.

One of the standout features of New Port Colony is its proximity to a variety of recreational activities and amenities. Just a short drive away, you’ll find stunning Gulf Coast beaches, perfect for sunbathing, fishing, and water sports. The nearby Jay B. Starkey Wilderness Park offers miles of trails for hiking and biking, allowing residents to immerse themselves in nature.

For those who appreciate the vibrancy of city life, downtown New Port Richey is just minutes away. Here, you can explore a delightful array of shops, restaurants, and entertainment options. The bustling local arts scene, including galleries and live performances, adds to the cultural richness of the area.

With its appealing location, community spirit, and access to both nature and urban amenities, New Port Colony is more than just a place to live; it's a lifestyle waiting to be embraced. Come discover the charm of New Port Colony and make it your new home in sunny Florida!

Newest Listings in New Port Colony

$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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