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$115,000

7040 COGNAC DRIVE UNIT 3, NEW PORT RICHEY, FL 34653

3D Tour
Active96 days on market

Beds

2

Baths

2

Sq Ft

1,044 sq ft

Year Built

1973

Lot Size

0.01 acres

Garage

About This Property

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 Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8495931
StatusActive
Year Built1973
Stories1
Total Rooms6
ConstructionBlock, Stucco
RoofShingle
FoundationBlock
FacesWest
SubdivisionMAGNOLIA VALLEY
CountyPasco
OwnershipCondominium

Interior Features

InteriorCeiling Fan(s), Walk-In Closet(s)
FlooringCarpet, Luxury Vinyl
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System
LaundryLaundry Closet
WindowsBlinds
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorSidewalk, Sliding Doors, Storage
Lot Size0.01 acres (630 sq ft)
Road SurfacePaved
ViewGarden
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Connected, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$345 / Monthly
Senior CommunityYes

Financial Details

List Price$115,000
Original Price$148,000
Annual Taxes$439 (2025)
FinancingCash, Conventional
ZoningMF1
Parcel #162534080.0007.0000C.0

Directions

North on. Rowan, east on Massachusetts, left on Cognac to address.

Location

7040 COGNAC DRIVE UNIT 3, NEW PORT RICHEY, FL 34653

Listing Information

OfficeACTION REALTY OF TAMPA BAY INC
ListedApril 10, 2026

Schedule a Tour

Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$115,000

20% ($23,000)
6.75%

Loan Term

Principal & Interest$597
Property Tax (est.)$105
Insurance (est.)$150
Total Monthly$852
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How to Buy This Home

Multiple financing options available for this $115,000 home in NEW PORT RICHEY.

🏦

Conventional

$5,750 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pasco County SHIP

Varies

Income-qualifying Pasco residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: July 15, 2026.

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