Disposition of Real Property 5204 Kapok Drive – Residential Lot

The City of New Port Richey is offering a vacant parcel (Pasco County Parcel No. 17‑26‑16‑0290‑00000‑0810) for development into a single‑family residence that must meet specific minimum standards. Bidders must submit a sealed proposal that includes a bid amount, narrative intent, conceptual site and floor plans, façade elevations, and a development timeline. The winning bidder will have 12 months after purchase to complete construction and obtain a Certificate of Occupancy, with covenants requiring construction to begin within six months of purchase and penalties if the C.O. is not achieved. • Minimum home requirements: ≥1,500 sq ft, ≥3 bedrooms, 2 bathrooms, 1‑car garage, 100 sq ft covered porch, 6 ft vinyl fence, stucco/composite siding, landscaping ≥1 % of lot. • Mandatory deliverables: bid amount, intent narrative, conceptual site plan, floor plans, façade concepts, and project schedule. • Timeline: proposals due by 2:00 PM on 12 Nov 2026; construction must be started within 6 months of purchase and completed within 12 months to obtain a C.O.