Last Sold Price
10,000 Lot Size0.23 Acres
Formel Ave Port, Port Richey, FL 34668

Description

Discover the potential of this charming 0.23-acre lot on Formel Avenue in Port Richey, Florida. Located in the peaceful Port Richey Acres subdivision, this property offers public utilities and is close to shopping, dining ,Beach's, schools . Zoned R1MH, it provides flexibility for residential development. Enjoy easy access to schools, shopping, dining, and more, all while being in flood zone X500 for peace of mind. With no HOA fees, you have the freedom to create your dream home. This lot is a blank...Discover the potential of this charming 0.23-acre lot on Formel Avenue in Port Richey, Florida. Located in the peaceful Port Richey Acres subdivision, this property offers public utilities and is close to shopping, dining ,Beach's, schools . Zoned R1MH, it provides flexibility for residential development. Enjoy easy access to schools, shopping, dining, and more, all while being in flood zone X500 for peace of mind. With no HOA fees, you have the freedom to create your dream home. This lot is a blank canvas ready for your vision. Seize this opportunity today! Great potential for the non deed restricted lot close to all!
LISTING CLOSED: 01/21/2025 12:00 AM

  1. Listed by Larry Fischer • Brokerage DRE #2035466 • LPT REALTY, LLC.
    P: (727) 300-6681 C: (727) 300-6681 larryfischer1@gmail.com
  2. Listed by Tim Thompson • Brokerage DRE #2035466 • LPT REALTY, LLC.
    P: (727) 692-1528 C: (727) 692-1528 tthom30@aol.com

Property Details for Formel Ave Port

Status
MLS #
U8250581
Days on Market
26
Taxes
$338 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
0.23 AC
Subdivision Name
PORT RICHEY ACRES
Township
25S
View
City
Waterfront
No

Recent comparable sales

Median sold price

$70,000

Avg days on market

248

Sale-to-list ratio

80.7%

Port Richey, FL

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Square Feet
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Acres
a view of a park
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a city view
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Location

Listing Courtesy of LPT REALTY, LLC., Larry Fischer; LPT REALTY, LLC., Tim Thompson

Sold By LPT REALTY, LLC., Tim Thompson

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Building Information for Formel Ave Port

Lot Size0.23 AC

Payment Calculator

$146 per month

30 year fixed, 6.55% Interest

Principal and Interest

$118

Property Taxes

$28

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for Formel Ave Port

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: From Chasco Elementary School on Ridge Road in Port Richey, head east for a short distance, then turn right toward Galen Wilson Boulevard. Turn left onto Galen Wilson Boulevard, followed by another left onto Ridge Road. Continue for 1.7 miles, then turn left onto Formel Avenue, and your destination will be on the right.
  • Elementary School: Calusa Elementary-PO
  • Middle Or Junior School: Chasco Middle-PO
  • High School: Gulf High-PO
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Street Name: FORMEL
  • Street Suffix: AVENUE
  • State: FL
  • City: PORT RICHEY
Parking
  • Available For Lease: No
Taxes and HOA Information
  • Association: No
  • Tax Block: C
  • Tax Book Number: 6-60
  • Tax Legal Description: PR ACS NO 3 MB 6 PG 60 LOT 12 BLK C RB 704 PG 292
  • Tax Lot: 12
  • Tax Year: 2023
Property
Lot Information
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Cul-De-Sac
  • Lot Size Dimensions: 125 x 80
  • Parcel Number: 282516006000C000120
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R1MH
  • Lot Dimensions: 125 x 80
Property and Assessments
  • Flood Zone Code: X500
  • Flood Zone Date: 06-05-2020
  • Flood Zone Panel: 12101C0189G
  • Public Survey Range: 16E
  • Public Survey Section: 28
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Living Area Units: Square Feet
  • Water View: No

Property History for Formel Ave Port

DateEvent & SourcePriceAppreciation
Jan 21, 2025

Sold

MFRMLS #U8250581

$23,250
Dec 25, 2024

Pending

MFRMLS #U8250581

Jul 18, 2024

Listed (Active)

MFRMLS #U8250581

$28,000
DateEvent & SourcePrice
01/21/2025

Sold

MFRMLS #U8250581

$23,250
12/25/2024

Pending

MFRMLS #U8250581

07/18/2024

Listed (Active)

MFRMLS #U8250581

$28,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near Formel Ave Port

This home is within Pasco.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Chasco Elementary School
PublicPK to 5

Chasco Middle School
Public6 to 8

Gulf High School
Public9 to 12

Marchman Technical Education Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Formel Ave Port, Port Richey, FL 34668
$23,250
10,000
$125,000
2
864
20,000
$40,000
2
1,188
10,000
$180,000
1
1,800
7,205
1
10,000
$35,000
2
6,600
20,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LPT REALTY, LLC., Larry Fischer; LPT REALTY, LLC., Tim Thompson

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/23/2025 11:11 AM