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FORMEL AVENUE

Lots/Land Recently Sold
$23,250

BTC: 0.28353659

ETH: 9.56003289

Sold on: 2025-01-21
26 days
0 room(s)

Overview

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!!

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.23 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$144,500
$69K – $578K
Confidence Low
List vs. estimate
$116K below estimate
List $28,000 · -80.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
18 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$338
2023
View
City
All facts and features
  • Lot

    • Lot: 0.23 Acres

    Other Property Information

    • Parcel Number: 282516006000C000120

    • Zoning: R1MH

  • Type and style

    • Property Type: Land

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $338

  • Source details

    • MLS ID: U8250581

    Other facts

    • Lot Features: Cul-De-Sac

    • Direction Faces: East

    • Water Source: Public

    • Lot Size Dimensions: 125 x 80

    • Subdivision Name: PORT RICHEY ACRES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC.