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Property for sale at 7040 COGNAC DRIVE UNIT 3, NEW PORT RICHEY, FL, 34653
Property for sale at 7040 COGNAC DRIVE UNIT 3, NEW PORT RICHEY, FL, 34653
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7040 Cognac Drive Unit 3New Port Richey, FL, 34653

2beds
2baths
1,044sqft
Condominium
Built in 1973
$345 Monthly HOA Fee
$80,000
For sale
$148,000−$68,000 (46%)
Price per sqft
$77
Days on market
211
Listed
Apr 10
Last reduction
−$5,000
Oct 9, 2026
MLS #TB8495931Updated Oct 9, 2026

About this property

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!

Interested in this property?
Gaby, Property Specialist
Speak to GabyProperty Specialist, SerhantGaby can arrange a viewing, answer your questions and prepare a personalized rental projection.
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Property details

Property type
Condominium
Street address
7040 Cognac Drive Unit 3
City
New Port Richey
State
FL
ZIP code
34653
Year built
1973
New construction
No
Faces
West
Rooms
6
Building stories
1
Living area
1,044 sqft
Total building area
1,214 sqft
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 7, 2026 at 2:00 PM EST

Price & sale history

Asking price reduced by $68,000 (45.9%) since first listed.

EventPrice
Price reducedMLS #TB8495931$80,000Change: −45.9%−$68,000
Listed for saleMLS #TB8495931$148,000
History may be incomplete.
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Location

Property for sale at 7040 COGNAC DRIVE UNIT 3, NEW PORT RICHEY, FL, 34653
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