7040 COGNAC DRIVE UNIT 3
NEW PORT RICHEY, FL, 34653
$80,000
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:
$80,000
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

Market Summary

Current real estate data for Condo in NEW PORT RICHEY as of Oct 19, 2026
262
Condo Listed
190
Avg DOM
165
Avg $ / SqFt
$182,642
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 $80,000 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 $77. The average price per square foot for Condo listings in NEW PORT RICHEY is $165. The average listing price for Condo in NEW PORT RICHEY is $182,642. To schedule a showing of MLS#tb8495931 at 7040 COGNAC DRIVE UNIT 3 in NEW PORT RICHEY, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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