n exceptional opportunity to own a waterfront property with direct Gulf access in the highly sought-after Gulf Harbors community of New Port Richey. Situated on an oversized double lot, 4424 Floramar Terrace offers the space, location, and potential to create a true coastal retreat at an attainable price point. The home experienced limited water intrusion during Hurricane Helene, reportedly only a few inches, and the previous owners have already taken the first steps toward restoration by removing drywall and clearing the interior, allowing the next owner to design and renovate the space to their own vision. The existing layout includes two bedrooms, one and a half bathrooms, and an open living-to-kitchen configuration ideal for future entertaining. Built on a concrete slab with solid block construction, the home was designed with durability in mind, and the roof was replaced in 2020. The backyard has been improved with pavers and a fire pit, a storage shed conveys, and the wide canal view includes a floating dock already in place. As an added bonus, the sellers may include a complete set of architectural floor plans for a thoughtfully designed 3-bedroon, 3- bath expansion. These plans were professionally prepared by an architect and signed and sealed by a licensed engineer, providing a valuable head start for future development and potentially saving the buyer significant time and design costs. Residents enjoy an optional HOA of only $125 per year, access to a private beach club for $200 annually, a calendar full of community events and parades, and a members-only yacht club with popular dining options nearby. Flood insurance is currently in place and is assumable at an affordable price. Conveniently located near US Highway 19 and just minutes from downtown New Port Richey, shopping, dining, and everyday conveniences, this property presents a rare opportunity to secure a Gulf-access waterfront home and create the Florida coastal lifestyle you’ve been waiting for.