New Port Colony Homes with No Deed Restriction Community Extras

Welcome to New Port Colony, a hidden gem nestled in the heart of New Port Richey, Florida! This charming subdivision offers a unique blend of tranquility and convenience, making it the perfect place for families, retirees, and anyone looking to embrace the vibrant Florida lifestyle.

One of the standout features of New Port Colony is its welcoming atmosphere, enhanced by the absence of deed restrictions. This means homeowners enjoy the freedom to personalize their properties without the constraints often found in other communities. Whether you envision a lush garden, a playful outdoor space for the kids, or a workshop for your hobbies, the possibilities are endless!

The homes in New Port Colony are as diverse as its residents, showcasing a variety of architectural styles and sizes to suit every taste and budget. Many properties boast spacious yards, perfect for outdoor gatherings, barbecues, or simply soaking up the Florida sun. The community is also well-maintained, with lush landscaping and inviting streets that encourage leisurely strolls and friendly neighborly interactions.

Living in New Port Colony means you’re just minutes away from the beautiful Gulf Coast beaches, local parks, and recreational activities. Enjoy kayaking on the nearby waterways, exploring nature trails, or indulging in the vibrant dining and shopping scene that New Port Richey has to offer.

With its prime location in Pasco County, New Port Colony is not just a place to live; it’s a community where you can thrive. Come discover the charm and freedom of New Port Colony—a place you’ll be proud to call home!

Newest New Port Colony Homes with No Deed Restriction Community Extras

$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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