New Port Colony Real Estate

Welcome to New Port Colony, an enchanting subdivision nestled in the heart of New Port Richey, Florida. This vibrant community offers a perfect blend of tranquility and convenience, making it an ideal choice for families, retirees, and anyone seeking a serene lifestyle near the Gulf Coast.

New Port Colony is characterized by its charming tree-lined streets and beautiful homes, each with unique architectural styles that reflect the warmth and character of Florida living. Residents enjoy a friendly neighborhood atmosphere, where community spirit thrives. The well-maintained common areas and lush landscaping create a picturesque setting that is perfect for leisurely strolls, evening bike rides, or simply enjoying the Florida sunshine.

One of the standout features of New Port Colony is its proximity to a variety of amenities. Just a short drive away, you'll find an array of shopping, dining, and entertainment options that cater to all tastes and preferences. Outdoor enthusiasts will appreciate the nearby parks and recreational facilities, where you can indulge in activities like hiking, fishing, and boating along the scenic waterways.

Education is a priority in this community, with highly-rated schools serving the area, ensuring that families have access to quality education for their children. Additionally, New Port Colony's strategic location provides easy access to major highways, making it convenient for commuters traveling to nearby cities.

Experience the charm and warmth of New Port Colony, where a vibrant community and a fulfilling lifestyle await you. Discover your dream home in this delightful subdivision and embrace the best of Florida living!

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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