$319,000
$20K PRICE DROP

11008 Pine Tree Ln Port Richey, FL 34668

Estimated payment $1,851/month

Total Views 1,882
3 Beds
3 Baths
1,207 Sq Ft
$264 Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • Cathedral Ceiling
  • No HOA
  • Open Floorplan
  • Stone Countertops
  • Oversized Lot

About This Home

This TURN KEY duplex is an excellent investment opportunity in the up-and-coming city of Port Richey! This beautiful side-by-side property has been fully renovated and comes with very happy tenants. The first unit is a spacious, completely updated, 2-bedroom/ 1.5 bath with interior washer/ dryer hookups. A spacious floorplan throughout completely renovated kitchen and bathrooms and a fully fenced in back yard. The attached unit features a separate bedroom/1 full bath a fully equipped, fully renovated kitchen and bath and a private entrance. Updates include a "State of the Art" 11k gallon septic system installed (2024), HVAC Systems (2024), fresh paint inside and out, coupled with luxury vinyl plank floors throughout, which lend this home a contemporary yet cozy feel. Upgraded door hardware along with brand-new plumbing fixtures further enhance this property's appeal, while upgraded LED light fixtures and ceiling fans ensure energy efficiency. Both homes come with new stainless steel appliances (not shown in the photos). Step outside to discover a spacious yard for both units with plenty of parking. You will be happy to know that this property sustained no storm damage and was high and dry! Located within easy commuting distance to Pinellas County and only 15 minutes from the bustling downtown of New Port Richey, Wesley Chapel and 45 minutes to Tampa Airport. Leases are available upon request. The 2/2 expires 12/1/2025 and the 1/1 expires 8/31/2025. This property had ZERO flooding or storm damage from last year for added peace of mind! DO NOT DISTURB THE TENANTS PLEASE!

Last Listed By

Kimberley Schaeffer

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3367737 Listed on: 04/23/2025

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $818

Year Built

  • Built in 1950

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Oversized Lot

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,207 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Luxury Vinyl Tile Flooring
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Outdoor Storage
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,207 Sq Ft Building
  • Pine Tree Acres Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$818

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Frame
  • Fireplace: No
  • Living Area: 1207
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 1207
  • Lot Size Sq Ft: 11250
  • Directions to Property: From US 19 N turn on at the light to Hammock Dr. Property is on the right on the corner.
  • Status: Active
  • Ownership: Fee Simple
  • Escrow City: Clearwater
  • Escrow Postal Code: 33761
  • Escrow State: FL
  • Escrow Street Name: US Highway 19 N, St 100
  • Escrow Street Number: 28059
  • List Office Head Office Key Nume: 163917242
  • RATIO Current Price By Calculate: 264.29
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 888-668-8283
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Stone Counters
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Insulated Windows
  • Street Number Modifier: 11008
  • Living Area Meters: 112.13

Exterior Features

  • Exterior Features: Fence, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Side Porch
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air, Ductless
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMH
  • Parcel Number: 16-25-09-004.0-000.00-028.0
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Flood Zone Code: 500X,A
  • Lot Size Square Meters: 1045

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2850
  • Terms Of Lease: Gross Lease

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 818.35
  • Tax Block: 00
  • Tax Book Number: 5-126
  • Tax Lot: 28

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $818 $36,378 $12,690 $23,688
2023 $1,106 $36,272 $12,690 $23,582
2022 $1,038 $37,214 $15,510 $21,704
2021 $992 $34,025 $13,913 $20,112
2020 $844 $28,512 $8,753 $19,759
2019 $583 $29,328 $8,753 $20,575
2018 $508 $21,503 $8,753 $12,750
2017 $507 $21,049 $8,753 $12,296
2016 $470 $20,942 $8,753 $12,189
2015 $472 $20,661 $8,753 $11,908
2014 $453 $20,457 $8,753 $11,704
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2025 05/31/25 Price Changed $319,000 -5.9% $264 / Sq Ft
04/23/2025 04/23/25 For Sale $339,000 +384.3% $281 / Sq Ft
01/16/2024 01/16/24 Sold $70,000 -39.1% $82 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $115,000 0.0% $134 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $115,000 -- $134 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Trinity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Balloon
Closed $160,000 Balloon
Source: Public Records

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APN: 09-25-16-0040-00000-0280