8402 Damen Lane, PORT RICHEY, FL

$315,000

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2

Beds

2

Baths

1,086

Square feet

0.22

Acres

About 8402 Damen Lane

Experience stunning, unobstructed sunrise views over Millers Bayou from this exceptional waterfront property. This waterfront property offers direct access to the Gulf of America, with only about a one-mile boat ride to Durney Key Island. A private boat ramp on the property makes getting on the water easy. Situated on a quiet cul-de-sac, the property features a fenced yard and is the only home with a driveway within the cul-de-sac, offering added privacy. Enjoy approximately 258 feet of water frontage with beautiful open water views. A new seawall was installed in 2023, adding long-term value and protection. Architectural drawings and engineering reports for a new custom home are available. The home has been ruled above the FEMA 50% rule. The current structure is an empty concrete shell and will need to be elevated or re-built or demolished (written est. 10K). The seller currently has an application in the Elevate Florida Grant Program, which is in the final decision stage with FEMA. The application can be transferred to the new owner with a prior owner letter, proof of ownership transfer, and completion of required documentation. If approved, federal grant funding will cover at least 75 percent of the project cost, meaning property owners only need to invest up to 25 percent—a significant savings. The current application that was sent in to FEMA in is not to lift the home but to have a brand new home built in it's place. The current estimated cost of the new build for the buyer is $119,845.07. You would be walking into significant equity!!!!

Features of 8402 Damen Lane

MLS® # W7883700
Price $315,000
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,086
Acres 0.22
Year Built 1960
Type Residential
Sub-Type Single Family Residence
Status Active
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Listing Details

OfficeRELIANCE REALTY & INVESTMENTS

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Neighborhood Information for 8402 Damen Lane

Low Residential Turnover, Coastal Area, Suburb of Tampa

Weather

Highs


January 71.60℉
July 91.30℉

Lows


January 73.60℉
July 73.60℉
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Precipitation


52.42

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Nearby Schools

Great Schools School Name Distance  
Great School

Learning Lodge Academy

Public - Kindergarten to 5Th Grade
1 Miles
Great School

Fellowship Baptist Academy

Private - Kindergarten to 12Th Grade
2 Miles
Great School

Richey Elementary School

Public - Preschool to 5Th Grade - Closest Elementry School
2 Miles
Great School

Ami Kids Pasco

Public - 8Th Grade to 12Th Grade
2 Miles
Great School

Genesis School

Private - Preschool to 5Th Grade
2 Miles
Great School

Calusa Elementary School

Public - Kindergarten to 5Th Grade
2 Miles
Great School

Fred K. Marchman Technical College

Public - Preschool to 12Th Grade
2 Miles

School data provided by GreatSchools

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