PENINSULAR PARADISE in NEW PORT RICHEY

PENINSULAR PARADISE
Homes for Sale in NEW PORT RICHEY, FL

Community in NEW PORT RICHEY · Pasco County · ZIP 34652
34 homesBuilt 1954–2019
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · PENINSULAR PARADISE Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
38%
Owner-occupied · PENINSULAR PARADISE
13 of 34 parcels homesteaded (FL DOR 2025)
62%
Non-owner-occupied · PENINSULAR PARADISE
incl. 9% trust or LLC-held · 18% out-of-state
33%
Cash buyers · PENINSULAR PARADISE
1 of 3 sales, 12 mo ending June 2022
34
Homes in the community
34 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1954
Community established
homes built 1954-2019, median 1978 (FL DOR 2025)
1
Failed listings · 2026
peaked at 15 in 2021
5.9%/yr
Turnover rate
about 2 of 34 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Peninsular Paradise is a small pocket of 34 homes, and right now there are zero active listings in the MLS feed. That is the single fact that should shape how anyone approaches this community: there is nothing to shop today, and the last tracked closings fell inside a short two-month window. When a market this small goes quiet, pricing has to be built off of comparable history rather than what is currently for sale.

The housing stock spans a wide build era, from 1954 up through 2019, with a median year built of 1978. That spread means condition varies more than block-to-block price alone would suggest - a fully updated newer build and an original-era home can sit a few doors apart. With about 38% of homes carrying a homestead exemption, a meaningful share of this pocket is owner-held rather than turning over as investment or seasonal stock, which reinforces why inventory here can sit thin for stretches.

Best for

  • A buyer targeting this specific New Port Richey pocket who can move quickly once a listing appears
  • A buyer comfortable evaluating homes across a wide build-year span, from 1950s originals to newer construction
  • A buyer prioritizing a modest, efficient living footprint over amenity-driven community features

Probably not for

  • A buyer who wants to compare multiple active listings side by side today
  • A buyer seeking built-in community amenities, since none were identified from current MLS listings
  • A buyer who needs a narrow, consistent build era rather than a mixed-vintage housing stock

The market around PENINSULAR PARADISE

PENINSULAR PARADISE is a small community — 41 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 34652, 463 homes are on the market and 16% are under contract — a slower corner of NEW PORT RICHEY.

Across Pasco County, 4,384 homes are active and 1,350 pending (24% under contract).

The housing mix here is 95% single family residence, 5% ?.

ZIP and county figures describe the wider market, not PENINSULAR PARADISE specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in PENINSULAR PARADISE, NEW PORT RICHEY

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
3.23%
1 of 31 listings · short sale 1

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

If we were buying in PENINSULAR PARADISE today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in PENINSULAR PARADISE.

Best Buy
Best for a buyer targeting a specific small pocket of New Port Richey and willing to wait for the right listing to appear.
Biggest Risk
The risk is thin supply - with zero active listings at last count, there may simply be nothing to buy for a stretch.
Sweet Spot
The sweet spot is a buyer comfortable evaluating a wide range of build years, from 1950s-era homes to more recent construction.
Avoid If
Avoid if you need to compare several active listings side by side right now - this is not a shopping-list market.

A Small, Quiet Inventory Pocket

With only 34 homes total and no active listings at the time of this snapshot, Peninsular Paradise does not behave like a typical, steadily-turning subdivision. Buyers watching this community need to think in terms of watching-and-waiting for the next listing to surface rather than comparing a live shelf of choices.

The median living area of 1,674 square feet points to a modest, efficient home size typical of a legacy-built pocket, though the 1954-2019 build range means finishes, layouts, and systems can differ sharply from one home to the next. No community amenities were identified from current MLS listings, so any draw here is about the home and lot itself rather than shared recreational infrastructure.

The location and the amenities are priced into every listing in PENINSULAR PARADISE. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a pocket this thin on inventory, timing and off-market awareness matter more than browsing an open listing sheet. Momentum tracks this community closely enough to flag a new listing, a pending relist, or a homestead turnover the moment it surfaces, rather than waiting for it to show up in a general search.

PENINSULAR PARADISE in 15 seconds.

Best forBest for a buyer targeting a specific small pocket of New Port Richey and willing to wait for the right listing to appear.
Biggest advantageThe advantage is a tightly held, low-turnover inventory base rather than a fast-churning subdivision.
Biggest riskThe risk is thin supply - with zero active listings at last count, there may simply be nothing to buy for a stretch.
Sweet spotThe sweet spot is a buyer comfortable evaluating a wide range of build years, from 1950s-era homes to more recent construction.
Avoid ifAvoid if you need to compare several active listings side by side right now - this is not a shopping-list market.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed PENINSULAR PARADISE sales matched to your home.

What is your PENINSULAR PARADISE home worth?

Get a no-obligation home value based on real comparable sales in PENINSULAR PARADISE, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in PENINSULAR PARADISE on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Pasco County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,989/mo
Pasco County typical true cost to own
$138/mo
Pasco County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Peninsular Paradise Market Scorecard

No active listings

Peninsular Paradise is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$430,000
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/2
Active/Pend/Sold

Typical home value in the 34652 ZIP is $218,457, about 16.4% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in PENINSULAR PARADISE?
The Florida DOR 2025 assessment roll shows 34 homes in PENINSULAR PARADISE (public records).
What share of PENINSULAR PARADISE is owner-occupied?
38% of PENINSULAR PARADISE parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in PENINSULAR PARADISE built?
Homes in PENINSULAR PARADISE were built between 1954 and 2019, with a median year built of 1978 (FL DOR 2025 roll).
Do cash buyers compete in PENINSULAR PARADISE?
Cash buyers took 33% of PENINSULAR PARADISE sales in the 12 months ending June 2022 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for PENINSULAR PARADISE?
The best agent for PENINSULAR PARADISE is one who actively works NEW PORT RICHEY and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for PENINSULAR PARADISE.
How do I find a top NEW PORT RICHEY real estate agent who knows PENINSULAR PARADISE?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows PENINSULAR PARADISE and the wider NEW PORT RICHEY area.
Can Momentum Realty connect me with an agent for PENINSULAR PARADISE?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your PENINSULAR PARADISE purchase or sale - no call center and no pressure.
A buyer targeting this specific New Port Richey pocket who can move quickly once a listing appearsExcellent fit
A buyer comfortable evaluating homes across a wide build-year span, from 1950s originals to newer constructionExcellent fit
A buyer prioritizing a modest, efficient living footprint over amenity-driven community featuresExcellent fit
A buyer who wants to compare multiple active listings side by side todayProbably not
A buyer seeking built-in community amenities, since none were identified from current MLS listingsProbably not
A buyer who needs a narrow, consistent build era rather than a mixed-vintage housing stockProbably not

Nearby Communities

Explore more neighborhoods near PENINSULAR PARADISE with Momentum Realty’s local guides.

Edgewater GardensNEW PORT RICHEY, FL · 0.1 miJeriverne Plaza New Port RicheyNEW PORT RICHEY, FL · 0.5 miJeriverne PlazaNEW PORT RICHEY, FL · 0.5 miOyster Bayou New Port RicheyNEW PORT RICHEY, FL · 0.5 miGulf Harbors Sea ForestNEW PORT RICHEY, FL · 0.6 miNew Port Colony New Port RicheyNEW PORT RICHEY, FL · 0.8 miHarbor IslesNEW PORT RICHEY, FL · 0.8 miManor Beach Estates New Port RicheyNEW PORT RICHEY, FL · 0.9 mi

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2015 (11 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More New Port Richey & Tampa North / Pasco County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa North / Pasco County or the full Neighborhood Finder.

Buying or selling in Peninsular Paradise? Find the best agent in Peninsular Paradise · Find the best agent in Pasco County · Get a cash offer.

Thinking of selling in PENINSULAR PARADISE? 2 recorded closings (window ending 2026-08-02). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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