Property
ActiveResidential
1/23
$349,900

7127 PENINSULAR DRIVE

New Port Richey, FL 34652
2
Beds
2
Baths
1,648
SqFt
0.29
Acres
STELLAR
#TB8474594
Updated: Jun 19, 2026, 7:23pm

Property Description

Beautiful sunsets await! This classic 1960's ranch has been reconfigured with an option to create an open floor plan living/dining/kitchen L combo and a primary bedroom with en-suite bath and walk in closet. Additional rooms include a Florida room with sliders and a 4-season room with large windows that retract for evening breezes. Fully remediated after Hurricane Helene with fresh drywall partially completed. Priced accordingly for the new owner to finish to their taste. Great neighborhood on a quiet dead-end street in the Oyster Bayou area of desirable New Port Richey. Over 1/4 acre lot with additional parking pad space for boat or RV and no concerns about HOA restrictions. Floating dock and wood deck overlook the serene natural waters of Oyster Bayou looking west for those spectacular Florida sunsets. This is a great property for the nature lover who appreciates fishing, kayaking, and birdwatching. New HVAC installed Aug. 2023 and re-roof Aug. 2021. More work needs to be done to make this classic Gulf coast home but it could be a gem! Seller re-hab financing available.
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Included Appliances
Electric Water Heater

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Additional Rooms
Florida Room
Appliances
Electric Water Heater
Bathrooms Total Decimal
2
Building Area Total
2505
Cooling
Central Air
Flooring
Ceramic Tile
Furnished
Unfurnished
Heating
Electric
Interior Features
Ceiling Fan(s)Open FloorplanThermostatWalk-In Closet(s)
Laundry Features
Electric Dryer HookupOtherWasher Hookup
Living Area
1648
Rooms Total
4
Construction
Architectural Style
Ranch
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockConcrete
Direction Faces
East
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Fixer
Roof
Shingle
Stories Total
Yes
Year Built
1972
Site & Exterior
Additional Water Information
Shallow bayou - perfect for kayakingjet skipaddleboardingsmall skiff or canoe. Access to Gulf via Wigwam Creek from Oyster Bayou - tides need monitoring.
Covered Spaces
2
Exterior Features
Rain Gutters
Fencing
Chain Link
Flood Zone Code
AE184x
Garage Spaces
2
I D X Participation
Yes
Lot Features
FloodZone
Lot Size Acres
0.29
Lot Size Area
12640
Lot Size Dimensions
59 x 167 x 63 x 184
Lot Size Square Feet
12640
Lot Size Units
Square Feet
Patio And Porch Features
Front Porch
Public Survey Range
16E
Public Survey Section
31
Road Frontage Type
Street Paved
Road Surface Type
Paved
Sewer
Public Sewer
Total Acreage
1/4 to less than 1/2
Utilities
Electricity ConnectedPublicSewer ConnectedWater Connected
Vegetation
Mature Landscaping
View
Water
Water Access
Yes
Water Body Name
OYSTER BAYOU
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Bayou
Waterfront Feet Total
63
Zoning
R3
Financials
Calculated List Price By Calculated Sq Ft
212.32
Contract Status Change Date
2026-02-11
Current Price
349900
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Owner Name
REHAB FINANCIAL GROUP LP
Ownership
Fee Simple
Parcel Number
1625310020000000110
Public Survey Township
25S
Tax Annual Amount
2183.64
Tax Block
11
Tax Book Number
4-77
Tax Legal Description
GRAND VIEW PARK SECTION ONE PB 4 PG 77 LOT 11 EXC PORTION DESC AS COM AT NE COR OF LOT 11 TH S08DEG41'00"W 44.17 FT FOR POB TH S08DEG41'00"E 24.00 FT TH S84DEG41'00"W 114.82 FT TH NELY TO POB OR 8528 PG 144 & 146
Tax Lot
11
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34652 - New Port Richey
Subdivision Name
GRAND VIEW PARK 01
Listing provided courtesy of STELLAR via IDX. Updated: Jun 19, 2026, 7:23pm.
Jennifer Helton

Listing Agent

ARTISAN REAL ESTATE, INC.

Call Agent