
7040 Cognac Drive Unit 3New Port Richey, FL, 34653
- Price per sqft
- $77
- Days on market
- 211
- Listed
- Apr 10
- Last reduction
- −$5,000
- 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!

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
Price & sale history
Asking price reduced by $68,000 (45.9%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #TB8495931 | $80,000Change: −45.9%−$68,000 | −45.9%−$68,000 | |
| Listed for saleMLS #TB8495931 | $148,000 | Not applicable |
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