Condominium at 7040 COGNAC DR #3, NEW PORT RICHEY
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$85,000

7040 COGNAC DR #3
NEW PORT RICHEY, FL 34653
Listed by Debbie Jackson · ACTION REALTY OF TAMPA BAY INC
Bedrooms
2
Bathrooms
2
Living area
1,044 sqft
Year built
1973

About this home

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

MLS #
MFRTB8495931
Property type
Condominium
Subdivision
MAGNOLIA VALLEY
Status
Active
Days on market
145
On market date
April 10, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.01 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
CALUSA ELEMENTARY SCHOOL
1 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
503
Student:teacher ratio
15.7:1
District
PASCO
Middle
GULF MIDDLE SCHOOL
1.37 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
926
Student:teacher ratio
16.5:1
District
PASCO
High
MARCHMAN TECHNICAL COLLEGE
0.84 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1
Student:teacher ratio
0.1:1
District
PASCO

Walkability

Blended score for NEW PORT RICHEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes18
Grocery stores4
Parks6
Schools6
Transit stops20
Pharmacies5

Market position

How this listing compares to current activity in NEW PORT RICHEY, from live MLS data.

On the market 145 days -- 36 more days than NEW PORT RICHEY's current average of 109 days.
For reference, the median list price across 1,521 active listings in NEW PORT RICHEY right now is $229,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$662/mo
$17,000 down
$68,000 loan
Principal & interest$441
Property tax (est.)$71
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 26 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.