7040 COGNAC DRIVE UNIT 3 NEW PORT RICHEY FL 34653 | MLS #TB8495931

7040 COGNAC DRIVE UNIT 3
NEW PORT RICHEY, FL, 34653
$85,000
2 Beds
2 Baths
1,044 SqFt
0.01 Acres
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MLS #TB8495931 image #0
PRICED TO SELL……..OWNER SAYS SELL….Great investment opportunity 3 month minimum rental and 4 times per year. Beautiful Magnolia Valley second-floor condominium featuring 2 bedrooms and 2 full bathrooms. This home offers a spacious and open living, dining, and kitchen area designed for comfortable everyday living and easy entertaining.

Double sliding doors off the living room lead to a sprawling porch/patio area overlooking a peaceful, park-like setting. The outdoor space also includes three convenient storage closets. Inside, you’ll find a full-size washer and dryer closet for added convenience.

Recent updates include a new electrical panel, appliances, plumbing, light fixtures, AC unit, roof, and water heater—providing peace of mind for years to come.

The unit includes assigned carport #73 and a low HOA fee of $345 per month.

Don’t miss this opportunity to own a well-maintained condo in the desirable Magnolia Valley community—schedule your showing today!

Property Details

Price:
$85,000
MLS #:
TB8495931
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
MAGNOLIA VALLEY
Neighborhood:
34653newportrichey
Listed Date:
Apr 10, 2026
Finished Sq Ft:
1,044
Total Sq Ft:
1,214
Lot Size:
630 sqft / 0.01 acres (approx)
Year Built:
1973
Community 55 Plus34653 – New Port Richey34653newportricheyMagnolia ValleyGardenSee Rules And By Laws3 Months

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Schools

Interior

Appliances
Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Luxury Vinyl
Heating
Central
Interior Features
Ceiling Fan(s), Walk-In Closet(s)
Laundry Features
Laundry Closet
Levels
One

Exterior

Common Walls
End Unit
Community
55+
Community Features
None
Construction Materials
Block, Stucco
Covered Spaces
73
Direction Faces
West
Exterior Features
Sidewalk, Sliding Doors, Storage
Roof
Shingle
Senior Community YN
1
View
Garden
Window Features
Blinds

Financial

HOA Fee
$345
HOA Fee Frequency
Monthly
HOA Includes
Common Area Taxes, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds
HOA Name
Rick Lawson
HOA Phone
720-308-3606
Tax Year
2025
Taxes
$439

Map

Community

Subdivisions in NEW PORT RICHEY

Market Summary

Current real estate data for Condo in NEW PORT RICHEY as of Sep 23, 2026
262
Condo Listed
177
Avg DOM
163
Avg $ / SqFt
$183,038
Avg List Price

Property Summary

    Located in the MAGNOLIA VALLEY subdivision, 7040 COGNAC DRIVE UNIT 3 NEW PORT RICHEY FL is a Condo for sale in NEW PORT RICHEY, FL, 34653. It is listed for $85,000 and features 2 beds, 2 baths, and has approximately 1,044 square feet of living space, and was originally constructed in 1973. The current price per square foot is $81. The average price per square foot for Condo listings in NEW PORT RICHEY is $163. The average listing price for Condo in NEW PORT RICHEY is $183,038. To schedule a showing of MLS#tb8495931 at 7040 COGNAC DRIVE UNIT 3 in NEW PORT RICHEY, FL, contact your CENTURY 21 Carioti agent at 2392986550.

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