Venice Estates 1St Add
Homes for Sale in New Port Richey, FL

Community in New Port Richey · Pasco County
53 homesBuilt 1978–1978
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Venice Estates 1St Add Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
47%
Owner-occupied · Venice Estates 1St Add
25 of 53 parcels homesteaded (FL DOR 2025)
53%
Non-owner-occupied · Venice Estates 1St Add
incl. 19% trust or LLC-held · 13% out-of-state
53
Homes in the community
53 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1978
Community established
homes built 1978-1978, median 1978 (FL DOR 2025)
0
Failed listings · 2024
peaked at 1 in 2015
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Venice Estates 1st Add is a tight, single-vintage subdivision — every one of the 53 homes on record was built in 1978. That uniformity means the usual driver of price spread in an older neighborhood (a mix of build eras) isn't in play here. What separates one listing from another is almost entirely condition and how much has been updated since the original construction.

Just under half of the homes here carry a homestead exemption, which tells you a meaningful share of the inventory is held as non-owner-occupied — rentals or second properties. For a buyer, that can mean more listings turn over on an investment timeline rather than a personal-use one, so it pays to ask directly whether a given home has been owner-occupied or leased, since that history often tracks with how well it's been maintained.

Best for

  • Buyers comfortable with an older, single-era home who plan to evaluate and budget for updates individually
  • Buyers who want a compact, lower-maintenance footprint rather than maximum square footage
  • Investors researching a subdivision with an established rental presence already in the ownership mix

Probably not for

  • Buyers who want a newer-construction home with modern floor plans
  • Buyers expecting HOA-managed amenities like a pool or clubhouse
  • Buyers who need a larger living area than the neighborhood's compact median offers

The market around Venice Estates 1St Add

Venice Estates 1St Add is a small community — 3 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

Across Pasco County, 4,307 homes are active and 1,258 pending (23% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Venice Estates 1St Add specifically. Momentum Research analysis of MLS records.

If we were buying in Venice Estates 1St Add 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 Venice Estates 1St Add.

Best Buy
Buyers looking for an established, single-era subdivision without HOA-run amenities to factor into the decision.
Biggest Risk
Nearly half the homes are non-homestead, so buyers should verify a listing's occupancy and maintenance history rather than assume owner-occupied upkeep.
Sweet Spot
Compact, 1,350 sq ft-range homes suited to buyers who don't need a large footprint.
Avoid If
You are set on a subdivision with pools, clubhouses, or other organized community amenities.

One year, one footprint

With all 53 homes built in the same year, this is about as close to a time-capsule subdivision as you'll find in the area — no phased construction, no later infill of larger models. That consistency simplifies comparisons between listings but also means the neighborhood's ceiling and floor are both set by how individual owners have maintained or updated a nearly-identical starting point.

No community amenities were identified from current MLS listings, which suggests this is a straightforward, non-HOA-driven subdivision rather than one built around shared recreational features. Buyers drawn to Venice Estates are typically looking for the home and lot on their own merits, not a clubhouse or pool system to help carry resale value.

The location and the amenities are priced into every listing in Venice Estates 1St Add. 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 subdivision where every home shares a build year, the real diligence work is in the details — permit history, updates since 1978, and whether a given listing has been owner-occupied or held as a rental. We walk buyers and sellers through exactly that comparison before a number gets attached to any offer.

Venice Estates 1St Add in 15 seconds.

Best forBuyers looking for an established, single-era subdivision without HOA-run amenities to factor into the decision.
Biggest advantageConsistent 1978 construction makes it straightforward to compare one home's condition against another.
Biggest riskNearly half the homes are non-homestead, so buyers should verify a listing's occupancy and maintenance history rather than assume owner-occupied upkeep.
Sweet spotCompact, 1,350 sq ft-range homes suited to buyers who don't need a large footprint.
Avoid ifYou are set on a subdivision with pools, clubhouses, or other organized community amenities.

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 Venice Estates 1St Add sales matched to your home.

What is your Venice Estates 1St Add home worth?

Get a no-obligation home value based on real comparable sales in Venice Estates 1St Add, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Venice Estates 1St Add?
The Florida DOR 2025 assessment roll shows 53 homes in Venice Estates 1St Add (public records).
What share of Venice Estates 1St Add is owner-occupied?
47% of Venice Estates 1St Add parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Venice Estates 1St Add built?
Homes in Venice Estates 1St Add were built between 1978 and 1978, with a median year built of 1978 (FL DOR 2025 roll).
Who is the best real estate agent for Venice Estates 1St Add?
The best agent for Venice Estates 1St Add 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 Venice Estates 1St Add.
How do I find a top New Port Richey real estate agent who knows Venice Estates 1St Add?
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 Venice Estates 1St Add and the wider New Port Richey area.
Can Momentum Realty connect me with an agent for Venice Estates 1St Add?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Venice Estates 1St Add purchase or sale - no call center and no pressure.
Buyers comfortable with an older, single-era home who plan to evaluate and budget for updates individuallyExcellent fit
Buyers who want a compact, lower-maintenance footprint rather than maximum square footageExcellent fit
Investors researching a subdivision with an established rental presence already in the ownership mixExcellent fit
Buyers who want a newer-construction home with modern floor plansProbably not
Buyers expecting HOA-managed amenities like a pool or clubhouseProbably not
Buyers who need a larger living area than the neighborhood's compact median offersProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34655))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (7 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.

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