$119,900
7040 Cognac Drive
New Port Richey, FL 34653
Listing updated: June 11, 2026 at 12:10 PM ET
Listing courtesy of Action Realty Of Tampa Bay Inc · Debbie Jackson · MLS #TB8495931 · Active · 727-743-4083Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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!
Local Insight
At $115/sqft in a 1973 condo, you're getting solid pricing for the 55+ market, but that monthly HOA of $345 is something to dig into—find out exactly what reserves look like and whether special assessments are on the horizon for a building this age. The X flood zone is a genuine advantage here, which should keep insurance reasonable, but the tiny 0.01-acre lot means you're really just buying the interior space and community amenities, so make sure the on-site offerings justify the ongoing fees.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history62 days on market
- Status: ActiveApr 10, 2026
- Listed$148,000Apr 10, 2026
- Price reduced$119,900
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 62
- Subdivision
- Magnolia Valley
- County
- Pasco
- Year built
- 1973
- Living area
- 1,044 sq ft
- Price/sq ft
- $115
- Building area
- 1,214 sq ft (Public Records)
- Lot size
- 630 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X* (12101C0189G)
- Annual taxes
- $439 (2025)
- Parcel #
- 16-25-34-080.0-007.00-00C.0
- Zoning
- MF1
- MLS #
- TB8495931
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Luxury Vinyl
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Filtration System
- Interior features
- Ceiling Fans(s), Walk-In Closet(s)
- Laundry
- Laundry Closet
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Carport
- Yes
HOA & Financial
- HOA fee
- $345 / Monthly
- Monthly HOA
- $345/mo
- Total monthly fees
- $345/mo
- Total annual fees
- $4,140
- HOA name
- Rick Lawson
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 3 Months
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- see rules and by laws
- Approval process
- see rules and by laws
Exterior & Construction
- Exterior features
- Sidewalk, Sliding Doors, Storage
- Construction materials
- Block, Stucco
- Roof
- Shingle
- Foundation
- Block
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- No
- Senior community
- Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 8.2x12.6 |
| Dining Room | First | 9x7 |
| Living Room | First | 13x12.8 |
| Primary Bedroom | First | 18.5x11.8 |
| Bedroom 2 | First | 12.7x11 |
| Balcony/Porch/Lanai | First | 5.4x28 |
Listing Details
- Listing date
- 2026-04-10
- On market date
- 2026-04-10
- Original list price
- $148,000
- Occupant type
- Owner
- MLS area
- 34653 - New Port Richey
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-04-10
- Tax legal description
- MAGNOLIA VALLEY CONDO PB 11 PG 95 APT C BLDG 7 & COMMON ELEMENTS OR 4123 PG 869
Flood risk
See FEMA for this zone’s designation and insurance requirements.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
North on. Rowan, east on Massachusetts, left on Cognac to address.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 11, 2026 at 12:10 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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