Seller is highly motivated and looking for a quick close. Owner financing is being considered for qualified buyers—bring all offers! Mid-Renovation Gem with Endless Potential in New Port Richey! PERMIT NUMBER: BLDR-26-04-0654 Spacious Living: A rare 3-bedroom, 2-bathroom with 2 Extra Rooms layout providing plenty of space for a growing family, a home office, or guest quarters. Bring your vision and finishing touches to this diamond in the rough located at 7235 Royal Palm Drive. Situated in a desirable and established New Port Richey neighborhood, this property is currently undergoing a full renovation and is ready for the right buyer to take it across the finish line. Major structural or preliminary work has already been started, offering a fantastic head start and a blank canvas for your personal style. Whether you are looking to design your dream kitchen, choose your own flooring, or customize the master suite, this home provides the perfect opportunity to build equity from day one. Important upgrades, including a NEW ROOF, COMPLETE ELECTRICAL REWIRING, FULL PLUMBING REPLACEMENT, a BRAND NEW HVAC system. 14 NEW IMPACT WINDOWS were purchased and are ready inside the house for the Buyer to install. Plus, enjoy the efficiency of a newly installed water heater. Featuring a spacious layout, great curb appeal, and a prime location close to local beaches, shopping, and dining, the possibilities here are endless. Skip the bidding wars on finished homes and create exactly what you want. Sold As-Is. Don’t miss this incredible opportunity to flip, rent, or create your forever home!
For sale
Price cut: $10K (9/21)
$139,900
7235 ROYAL PALM DRIVE, NEW PORT RICHEY, FL 34652
4beds
1,426sqft
Single Family Residence
Built in 1959
9,076 Square Feet Lot
$138,200 Zestimate®
$98/sqft
$-- HOA
What's special
Great curb appealNew roofBrand new hvac systemFull plumbing replacementNewly installed water heaterComplete electrical rewiringSpacious layout
- 200 days
- 1,467
- 55
Zillow last checked:
Listing updated:
Listed by:
Pablo Lluveras Matos 813-406-3652,
PEOPLE'S CHOICE REALTY SVC LLC 813-933-0677
Source: Stellar MLS,MLS#: TB8482160
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bonus Room, Family Room
Primary bedroom
- Features: Storage Closet
- Level: First
Bathroom 1
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Kitchen/Family Room Combo
- Flooring: Ceramic Tile, Other
- Has fireplace: No
Interior area
- Total structure area: 1,426
- Total interior livable area: 1,426 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Storage
Lot
- Size: 9,076 Square Feet
Details
- Parcel number: 322516014000A000270
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block
- Foundation: Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: JASMIN ACRES
HOA
- Has HOA: No
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $98/sqft
- Tax assessed value: $163,016
- Annual tax amount: $849
- Date on market: 3/17/2026
- Cumulative days on market: 183 days
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$138,200
$131,000 - $145,000
$2,149/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Price change | $139,900-6.7%$98/sqft |
Source: | ||
| 9/6/2026 | Price change | $149,900-11.8%$105/sqft |
Source: | ||
| 8/17/2026 | Price change | $169,900-5.6%$119/sqft |
Source: | ||
| 8/2/2026 | Price change | $179,900-5.3%$126/sqft |
Source: | ||
| 7/31/2026 | Price change | $189,900-5%$133/sqft |
Source: | ||
| 7/9/2026 | Listed for sale | $199,900$140/sqft |
Source: | ||
| 7/8/2026 | Contingent | $199,900$140/sqft |
Source: | ||
| 7/2/2026 | Pending sale | $199,900$140/sqft |
Source: | ||
| 6/19/2026 | Price change | $199,900-37.5%$140/sqft |
Source: | ||
| 3/18/2026 | Listed for sale | $319,900+219.9%$224/sqft |
Source: | ||
| 2/27/2026 | Sold | $100,000-8.3%$70/sqft |
Source: | ||
| 2/14/2026 | Pending sale | $109,000$76/sqft |
Source: | ||
| 2/5/2026 | Price change | $109,000-8.4%$76/sqft |
Source: | ||
| 1/9/2026 | Price change | $119,000-4%$83/sqft |
Source: | ||
| 12/10/2025 | Listed for sale | $124,000+59%$87/sqft |
Source: | ||
| 9/30/2025 | Sold | $78,000+27.9%$55/sqft |
Source: | ||
| 6/23/2015 | Sold | $61,000+45.2%$43/sqft |
Source: Public Record Report a problem | ||
| 11/5/2013 | Sold | $42,000+40%$29/sqft |
Source: Public Record Report a problem | ||
| 9/16/2013 | Sold | $30,000-37.5%$21/sqft |
Source: Public Record Report a problem | ||
| 9/15/2013 | Price change | $48,000+6.7%$34/sqft |
Source: Owner Report a problem | ||
| 9/11/2013 | Price change | $45,000-8.2%$32/sqft |
Source: Owner Report a problem | ||
| 9/4/2013 | Listed for sale | $49,000+65%$34/sqft |
Source: Owner Report a problem | ||
| 6/17/2012 | Listing removed | $29,701$21/sqft |
Source: Owner Report a problem | ||
| 12/29/2011 | Listed for sale | $29,701+100.7%$21/sqft |
Source: Owner Report a problem | ||
| 11/17/2011 | Sold | $14,800+48%$10/sqft |
Source: Public Record Report a problem | ||
| 7/15/2010 | Sold | $10,000-81.8%$7/sqft |
Source: Public Record Report a problem | ||
| 10/3/2000 | Sold | $55,000+31%$39/sqft |
Source: Public Record Report a problem | ||
| 3/3/1995 | Sold | $42,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $858 +1.9% | $64,500 +3.7% |
| 2024 | $842 +1% | $62,180 |
| 2023 | $834 -6.5% | $62,180 +3% |
| 2022 | $891 +0.8% | $60,370 +6.1% |
| 2021 | $884 +0.5% | $56,920 +1.4% |
| 2020 | $880 +1.1% | $56,140 +2.3% |
| 2019 | $871 | $54,880 +1.9% |
| 2018 | $871 -0.5% | $53,859 +2.1% |
| 2017 | $875 -0.5% | $52,751 +1.1% |
| 2016 | $879 -38.7% | $52,181 +1.7% |
| 2015 | $1,435 +7.2% | $51,318 +8.5% |
| 2014 | $1,339 | $47,305 -18.5% |
| 2013 | -- | $58,054 -0.6% |
| 2012 | -- | $58,401 -3.2% |
| 2011 | -- | $60,332 -1% |
| 2010 | -- | $60,958 -20.5% |
| 2009 | -- | $76,653 -6.6% |
| 2008 | -- | $82,085 -21.5% |
| 2007 | -- | $104,561 +2.7% |
| 2006 | -- | $101,780 +26.9% |
| 2005 | -- | $80,174 +4.5% |
| 2004 | -- | $76,729 +49.2% |
| 2003 | -- | $51,430 +14.5% |
| 2002 | -- | $44,909 +21.8% |
| 2000 | -- | $36,857 |
| 1999 | -- | $36,857 |
Find assessor info on the county website
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