Twin Lakes Condominiums (New Port Richey, FL)
West Pasco County, Florida Active Adult market report This market update has to do with the entire West Pasco County, Florida Active Adult market area.  Houses, villas, mobiles, etc...   That runs from northern county line to southern county line and includes all properties West of US 41 ( roughly the Suncoast pkwy.) Today there are  525 55+ units available for sale                ( offered from $19.5k - 389k )   33 55+ units under contract currently                         (appx. 11/mo = 47 months inventory )   36 55+ units sold in the last 90 days               (anemic  appx. 12/mo = 44 months inventory )   10 55+ units were withdrawn from the market in the last 90 days 106 55+ units have expired in the last 90 days.            ( appx.  33/mo ) upside is we are already in August, whic...
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Furnished 55+ Condo For Sale 5437 Palm Dr, New Port Richey, FL, 34652 This great Furnished unit is on the ground floor and is single story.  Thats right folks, no stairs and a fabulous pond view with a fountain in it..  Very spacious 1 Bedroom 1 bath Condo that feels so much bigger than the approxiamate 888 sq. ft MOL reported on the tax records In the clips below you will see a converted porch that runs the width of the Unit overlooking the large pond, with a fountain, which this community surrounds.  Twin Lakes Condo's features a community Pool, shuffleboard, laundry facilities, Recreation/Community Center with full kitchen & 2 bathrooms. This one bedroom one bath condo is available for sale @ $39,900.  Which if financed, would cost less than most rentals in the area.  But I suspect ...
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Enjoy the quiet of Twin Lakes Condo Community in New Port Richey So everyone knows Florida got hit hard in the current market correction.  My area, just north of Tampa Bay area, got hit harder than most areas in Florida.  Drive down a street and you will see lots of For Sale signs.   However Twin Lakes has been bucking the trend, at least in volume.  Instead of a lot of foreclosures and distressed property sales, Twin Lakes has only one unit on the market.  It is offered at $36,500, but has only been on the market for 6 days as of today.   Taking a deeper look at Twin Lakes activity and we find:   One condo Sold last year ($37,000) One condo Expired last year One condo was Withdrawn last year This most likely has to do with Twin Lakes being a 55+ community.  Typically that means they ar...
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