tomo logo

$275,000

Beds
3
Baths
2.0
sq ft
1,485

5442 Miles Blvd, Port Richey, FL 34668

5442 Miles Blvd

PORT RICHEY, FL 34668

  • <1 day on market
FLOOD-DAMAGED PROPERTY – OPPORTUNITY AWAITS! This charming 3-bedroom, 2-bathroom waterfront home is ready for a new owner to restore it to its former beauty. Situated on a spacious waterfront lot, the property features a screened-in swimming pool, large deck, and a peaceful covered patio area, perfect for enjoying the serene surroundings. The home has been flood-cut and dried out, with estimated repairs falling below FEMA’s 50% repair threshold. Key features include a 5-year-old roof, working air conditioning, and a solid electrical panel. The split-bedroom layout offers privacy, while the open-plan kitchen and living area provide a bright and inviting space. The Florida Room adds additional versatility to the home, and a work from home office space was added to the Master suite. With direct Gulf access for smaller boats and kayaks, and waterfront restaurants, parks, and shopping within walking or golf carting distance, this property has excellent potential as a family home or short-term rental investment. Don’t miss this chance to create your dream waterfront retreat!

Details

Property type

Single Family Residence

Est. home value

$417,071

Property condition

Fixer

Lot size

9,709 sq ft

Price per sq ft

$186

Year built

1969

Annual property taxes

$3,355

HOA

No

Price History

03/17/2025
StellarMLS

StellarMLS #W7873342

Listed
$275,000
-7.72%
08/12/2020
StellarMLS

StellarMLS #W7823194

Sold
$298,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$38,227
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$214,773
Cash to seller
$38,227

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

South State Bank

Loan start date

August 2020

Original loan amount

$238,400

Est. remaining balance

$214,773

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Timothy Lee Gordon and Tina Chiyeko Gordon

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/18/2025 at 7:45 AM

Listing updated: 03/18/2025 at 6:57 AM

Listed by: Karen Bailey, PA, FUTURE HOME REALTY Phone #: (800) 921-1330

MLS: StellarMLS #W7873342

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