7040 Cognac Drive, Unit 1, New Port Richey, FL, 34653For Sale
$148,000
2beds2.00baths1044sqft

7040 Cognac Drive, Unit 1, New Port Richey, FL, 34653

MLS#: TB8463392
Condominium
Built in 1973
29.2200 acre lot
$142/sqft
65 days on market
$1,615/yr tax

What's special

LOCATION LOCATION!! COME AND VIEW THE QUIET MAGNOLIA VALLEY CONDO COMMUNITY! Enjoy GROUND level access to this TWO bedroom, TWO bath condo which also enjoys beautiful nature views! Perfect snowbird retreat!!  NON-FLOOD ZONE X!!  Just a few minutes to historic downtown New Port Richey where you can enjoy walks around the lake, eat at your favorite restaurant/bar and also enjoy the quaint shops. Just a few minutes to New Port Richey's Aquatic Center as well!  Search New Port Richey and you will find out what a lovely town it truly is.   The backyard of this condo has a nature park where many different species of birds and wildlife pass through this park daily, get your binoculars, you will truly enjoy the daily wildlife routine. The large living room and large master suite both have sliding doors that make a full view possible of the peaceful nature park.  The open plan of the kitchen, dining, and living room really makes the condo feel spacious and how it opens right into the enclosed porch just really makes you feel very cozy.  Two good size storage units on each side of the enclosed porch.  Several storage closets throughout.  Very large master bedroom with ensuite bathroom and walk-in closet and sliding glass doors to see the beautiful backyard nature park view. The second bedroom also has a nice big window to view the nature park as well.  So, no matter which main room you are in you will have this nature park view.   We have many local beaches within a few miles, such as Green Key Beach and Anclote Beach, and just a few more miles South visit the beautiful Howard Beach and Park, and a few more miles after that, visit the beautiful Honeymoon Island Beach and Park, and a few more miles South, visit the beautiful Touristy Clearwater Beach.  Go North from NPR and visit Hudson Beach, and Sunwest Park.  Then about 45 minutes north, you can kayak on the rivers of Weeki Wachee and see a mermaid show, and during the winter visit the Manatees. Just 45 minutes to Tampa Airport.  This Condo Unit is Fully furnished and turnkey (optional). Assigned Covered Parking in addition to parking directly in front of unit.  This area just really has endless things to do, and during the winter season, there are Broadway shows, concerts, endless weekend festivals, festivities to where you can really never finish all that beautiful Tampa Bay area boasts.  New Port Richey is really the perfect location to live, work, retire, and play.  Included in pictures are a few of local views.  The Central AC/Heat was installed in 2019, the Roof in 2025, and the Hot Water Heater is 2013.  Flooring is mostly laminate (wood coloring) and ceramic tile throughout, linoleum in kitchen.  This condo is ready for you to make it your own!  MOVE-IN READY!!  Schedule your showing today!

65 days on Horizon Palm

Listing office: LOKATION · MLS#: TB8463392


Map

7040 Cognac Drive, Unit 1, New Port Richey, FL, 34653


Facts & features

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2.00

Heating

Heating: Central

Cooling

Cooling: Central Air

Appliances

Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Features

Interior features: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s)
Flooring: Other
Laundry: Inside, Laundry Closet

Interior area

Total interior livable area: 1044 sqft

Room dimensions

Balcony/Porch/Lanai: 8x30 (First)
Bathroom 1: 6x8 (First)
Bathroom 2: 6x8 (First)
Bedroom 2: 12x14 (First)
Dining Room: 14x10 (First)
Kitchen: 8x12 (First)
Living Room: 14x16 (First)
Primary Bedroom: 14x18 (First)

Features

Stories: 2.00
Exterior features: Lighting, Sidewalk, Sliding Doors

Lot

Lot size: 29.2200 Acres

Details

Parcel number: 34251608000070000A0
Zoning: MF1

Type & style

Home type: Condominium

Materials

Construction materials: Block, Stucco
Foundation: Slab
Roof: Other

Condition

Year built: 1973

Community

Age restrictive: Yes
Subdivision: Magnolia Valley Condo
Community features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking

HOA

HOA: Yes
HOA fee: $345.00 monthly
Fee includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Trash

Utilities

Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer

Details

Price/sqft: $142
Annual taxes: $1, 615 (2025)
Date on market: 01/11/2026
Days on market: 65
Listing terms: Cash, Conventional, FHA, VA Loan
Listing agent: Linda Axiotis
Listing office: LOKATION
MLS ID: TB8463392

Price history

For Sale

2026-01-11T05:00:00.000Z · LOKATION

$148,000

$142/sqft

Payment calculator

$285/mo
Principal & interest
$0
Property taxes
$135
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


New Port Richey

New Port Richey, FLPasco County34653
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