ZIP 34654 › Lake Worrell Acres

8562 Adonis Rd

New Port Richey, FL 34654
$150,000
1 bed1 bath400 sqftSingle-family home · built 1962

Listed at $375 per sq ft. Median for single-family homes in ZIP 34654 sold in the last 12 months: $198 per sq ft.

258 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 0% of single-family homes sold in ZIP 34654
742 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 85% above the typical price for a single-family home its size in ZIP 34654
742 single-family home sales · Jan 2024 - Oct 2026
Standout feature
No standout feature to report
Age
Newer than 2% of single-family homes in ZIP 34654
1,146 homes · Feb 2007 - Oct 2026

About this property

Investment and development opportunity in New Port Richey. Offered at $150,000, this approximately 10,000-square-foot R-1MH zoned parcel has been identified by Pasco County as a Small Lot of Record, providing reduced setbacks of approximately 15 feet front and rear and 5 feet on each side, subject to final permitting and County approval.

The property currently includes an approximately 400-square-foot residence and a travel trailer. According to information provided by Pasco County Building Construction Services, the existing residence may provide an impact-fee credit toward construction of a new primary residence of up to 1,500 square feet, resulting in no residential impact fees for the new home based on current County guidance.

Potential development options include construction of a new single-family residence with an attached or detached Accessory Dwelling Unit (ADU). Pasco County has indicated that an ADU may be constructed concurrently with the primary residence or afterward and must comply with applicable setbacks and development requirements. Current County guidance identifies impact fees of approximately $13,205.01 for an ADU between 500 and 900 square feet**.

A duplex may also be considered, subject to obtaining Special Exception approval through Pasco County Planning & Development.

With multiple potential development configurations, existing impact-fee credit and Small Lot of Record status, this property offers flexibility for an owner, builder, or investor. Buyer and buyer's agent should independently verify all zoning, permitted uses, setbacks, impact-fee credits, ADU requirements, utilities, development costs, and Special Exception requirements directly with Pasco County.

Property details

Year built1962
Lot size0.23 ac
HOANot stated
Days on market10
MLS#TB8540238
NingunoCork flooringWall/window units coolingElectric heatingShingle roofSlab foundation
All features →
  • Ninguno
  • Cork flooring
  • Wall/window units cooling
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Frame construction
  • Single story
  • Electricity connected
  • Public utilities
  • Water available
  • Water connected

The market for homes like this

Single-family homes in ZIP 34654 · all sizes
Too few 2-bedroom single-family home sales here to report on their own, so these cover every single-family home in ZIP 34654.i
Median sold price$368,500258 sales · last 12 months
Median price per sq ft$198258 sales · last 12 months
Median rent$2,005/mo56 leases · last 12 months
Median days to lease3256 leases · last 12 months

ZIP 34654, as its listings describe it

What agents stated on listings, 2007 – 2026i
Community pool61%of 317 listings
HOA fee, median$180/moof 290 listings
Has an association62%of 545 listings
Pets allowed92%of 587 listings
Minimum lease, most commonNo Minimum45% of 444 listings · next: 1–2 Years
Lease restrictions49%of 447 listings
Association approval required50%of 352 listings
Private pool19%of 689 listings
Gated58%of 317 listings
Public water · sewer65% · 63%of 487 · 511 listings
Flood zone (A or V)17%of 513 listings
55+ communityNo85% of 549 listings · next: Yes
Homestead share Lake Worrell Acres35%of 62 homes · county tax roll
Also stated: waterfront 7% of 552 listings; CDD 11% of 475.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $375 per sq ft, 90% above the $198 median for single-family homes in ZIP 34654 sold in the last 12 months
258 sales · last 12 months
Time on market
On the market 10 days; single-family homes in ZIP 34654 took a median of 42 days to sell in the last 12 months
258 sales · last 12 months
Price history
Listed at $150,000 since Aug. 17, 2026 with no price change

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$696 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $1,400/yr homesteaded, $2,100/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$151/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$85/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in ZIP 34654

unincorporated Pasco County · Pasco County · ZIP 34654 · Flood zone X
Explore ZIP 34654 →
Homes9,979residential parcels
Median sold price$300,000369 sales · last 12 months
Vs. the prior year+0.3%369 sales this year · 425 sales the prior year
Median rent$1,950/mo93 leases · last 12 months
Homes that changed hands4%369 sales of 9,979 homes
Homestead share72%of 9,979 homes · county tax roll
Single-family homes in ZIP 34654, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months258$368,500$2,005/mo56 leases
2 bed · this home32Not enough sales yet to report on their own
3 bed131$329,900—
4 bed72$454,950—
5+ bed23Not enough sales yet to report on their own
All single-family homes · 24 months539$370,000$2,083/mo94 leases
Median price

ZIP 34654 homes sold for a median of $300,000 in the 12 months to Oct. 11, 2026.

369 sales
Price trend

That's 0.3% above the median for the 12 months before, $299,000.

369 sales this year · 425 sales the prior year
What's selling

Single-family detached homes made up 258 of the 369 sales in the same 12 months, at a median of $368,500.

258 of 369 sales
Not yet available here: rent and time-to-lease for manufactured mobile.The ZIP 34654 record: homes, prices, rents, communities and listings →

Location

8562 ADONIS RD, NEW PORT RICHEY, FL 34654

Nearby homes for sale in New Port Richey

Based on information from Stellar MLS® for the period February 28, 2007 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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