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Multifamily Weekly
Pasco County
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Tuesday, October 20, 2026 |
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Moffitt Brings 250 Researchers To Pasco
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Moffitt Cancer Center opens its 250,000-square-foot Discovery and Innovation Center at 16480 Wilton Way in Land O' Lakes on Oct. 22, with 20 faculty labs and about 250 research staff. Moffitt says 2,400 of its jobs will be at Speros by the end of this year and 11,000 across the campus by 2033. |
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| Property |
Units |
Price |
Price / unit |
10700 Buckingham Court
Port Richey · July 2026 |
92 |
$12.19M |
$133K |
38124 Townview Avenue
Zephyrhills · February 2026 |
46 |
$4.00M |
$87K |
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| 2BR Asking Rents By Submarket |
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| Submarket |
Avg 2BR |
| Wesley Chapel |
$2,066 |
| New Port Richey |
$1,412 |
| Port Richey |
$1,449 |
| Zephyrhills |
$1,393 |
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| 250,000 |
| square feet of cancer research labs opening Oct. 22 at Moffitt's Speros campus, 775 acres in Land O' Lakes (Tampa Bay Beacons, Oct 13) |
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| 11,000 |
| jobs Speros is projected to add by 2033, 2,400 of them Moffitt's by the end of 2026 (Tampa Bay Beacons, Oct 13) |
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| 6.25 |
| mills, Port Richey's property tax rate for 2026-27, cut from 6.29 and the third cut in a row (Tampa Bay Beacons, Oct 5) |
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| In The News: Pasco County |
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Moffitt to open research wing of Speros campus in Pasco
Tampa Bay Beacons · Oct 13
The Discovery and Innovation Center, 250,000 square feet at 16480 Wilton Way off the Ridge Road extension, opens Oct. 22 with 20 faculty laboratories, 12 shared facilities and about 250 research personnel moving up from Tampa. Research salaries rent new product in Wesley Chapel and Land O' Lakes first.
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Learn about the five proposals to redevelop the Main and Bank Building in downtown New Port Richey
Tampa Bay Beacons · Oct 12
Five bidders want the city-owned three-story building at 5640 Main St., from an $8.9 million science center to a $22.4 million hotel and events project with possible residential space. The CRA put the decision off to a work session around Oct. 26. Whatever wins, it is foot traffic for the downtown New Port Richey buildings that rent at $1,412.
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My Take On Pasco
Moffitt opens its 250,000-square-foot research building at Speros on Oct. 22 with about 250 research staff, and says 2,400 Moffitt jobs will be on the campus by the end of this year and 11,000 across Speros by 2033. Those are the highest wages Pasco has ever added at one address, and they land on the State Road 52 side of the county. A two bedroom in New Port Richey asks $1,412 and in Port Richey $1,449. The research payroll will rent in Wesley Chapel and Land O' Lakes, not on U.S. 19. The west county trade is still a vintage trade: Buckingham Court at $132,500 a unit and Townview at $86,957. Own the west for yield and let the east have the jobs story. The one west county number that moved this month is the tax rate: Port Richey cut it to 6.25 mills, the third cut in a row, and that is more valuable to a Port Richey owner's bottom line this year than a research campus on the other side of the county.
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