Under contract-accepting backup offers. Investor Special on the water! This 2-bedroom, 2-bath mobile home sits on a canal leading directly to the Cottee River and offers an incredible opportunity for cash buyers looking to maximize return on investment. Located just minutes from downtown New Port Richey. Rental demand in this area is strong, and with the right vision this home could pay for itself in as little as two years, then continue generating steady passive income well into the future.
The home features a spacious layout and a beautiful kitchen, but it has sustained flood damage with water reaching floor level. The flooringand water vapor barrier will need to be replaced, and it is recommended that the electrical system be inspected. Buyers should also consult with the city on the required permitting process and compliance steps for renovation. Sold strictly as-is and available to cash buyers only, this property is a rare chance to secure affordable waterfront real estate in a high-demand rental market. With restoration, it could easily be transformed into a profitable long-term rental, a lucrative short-term investment, or your own private waterfront retreat. Schedule your showing today and explore the potential of this income-producing property.