Residential property with small home and shed -- property is in disrepair. Please give plenty of time for closing as property is going through probate. Dead end street with only a few homes. Feels like country living but you are close in to all amenities of Port Richey. Unique residential listing with lots of options -- house has not been occupied in a long time -- probable tear down. Property has electricity and public water with septic pre-1994 (no records at FL Health Dept).
For sale
$39,500
8351 Formel Ave, Port Richey, FL 34668
1beds
420sqft
Est.:
Single Family Residence
Built in 1959
10,000 Square Feet Lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
- 2 days |
- 205 |
- 12 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 20, 2026 at 07:48am
Listing Provided by:
Jennifer Helton 727-744-0022,
ARTISAN REAL ESTATE, INC. 727-339-3233
Source: Stellar MLS,MLS#: TB8478041
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Bathroom 1
- Level: First
- Area: 48 Square Feet
- Dimensions: 6x8
Kitchen
- Level: First
- Area: 64 Square Feet
- Dimensions: 8x8
Living room
- Level: First
- Area: 121 Square Feet
- Dimensions: 11x11
Heating
- Other
Cooling
- Other
Appliances
- Included: Other
- Laundry: Other
Features
- None
- Flooring: Other
- Has fireplace: No
Interior area
- Total structure area: 420
- Total interior livable area: 420 sqft
Property
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 10,000 Square Feet
Details
- Parcel number: 162528006.000C.00016.0
- Zoning: R1MH
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Public, Water Available
Community & HOA
Community
- Subdivision: PORT RICHEY ACRES
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Port Richey
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $48,543
- Annual tax amount: $1,025
- Date on market: 2/19/2026
- Cumulative days on market: 3 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $39,500$94/sqft |
Source:  Stellar MLS #TB8478041 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,024 +425.4% | $48,543 +11.2% |
| 2023 | $195 +3.7% | $43,666 +83.4% |
| 2022 | $188 +3.9% | $23,810 +6.1% |
| 2021 | $181 +4% | $22,450 +1.4% |
| 2020 | $174 +4.2% | $22,140 +2.3% |
| 2019 | $167 | $21,650 +1.9% |
| 2018 | $167 +4.4% | $21,255 |
| 2017 | $160 | $21,255 +4.2% |
| 2016 | $160 +34.5% | $20,390 +0.7% |
| 2015 | $119 +9.2% | $20,248 +0.2% |
| 2014 | $109 | $20,206 -0.1% |
| 2013 | -- | $20,219 +0.1% |
| 2012 | -- | $20,196 -1.7% |
| 2011 | -- | $20,546 -0.1% |
| 2010 | -- | $20,557 -11.2% |
| 2009 | -- | $23,138 -43.9% |
| 2008 | -- | $41,243 -4.9% |
| 2007 | -- | $43,350 -0.3% |
| 2006 | -- | $43,475 +72.6% |
| 2005 | -- | $25,185 +40.9% |
| 2004 | -- | $17,879 +29.9% |
| 2003 | -- | $13,761 +7% |
| 2002 | -- | $12,857 +0.6% |
| 2000 | -- | $12,782 |
| 1999 | -- | $12,782 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$236/mo
Principal & interest
$179
Property taxes
$57
Climate risks
Neighborhood: 34668
Nearby schools
GreatSchools rating
- 1/10Calusa Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Chasco Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 3.1 mi
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