Listing Courtesy of: Matt Mayers - LIFES A BEACH REAL ESTATE
972-415-2502
$129,000
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5816 Congress Street Unit 101 New Port Richey, FL 34653
Condo
Residence
2
Beds
2
Baths
...
Bed/Bath
985
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Updated condo in the heart of New Port Richey! This unit is one (1) of three (3) available investment properties, all currently rented and producing a combined monthly income of $4,650. An excellent investment opportunity with strong returns — this particular unit rents for $1,550/month, offering a ...~14.4% gross cap rate and an estimated ~10.0% net cap rate (based on a 30% expense ratio). Recent appraisal and inspection reports are included in the attachments. This well-maintained 2-bedroom, 2-bath corner Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. Peacefully situated next to a quiet conservation area, this home offers privacy and a serene natural view. Located minutes from beautiful Gulf beaches, shopping, dining, and entertainment, with easy access to Tampa, St. Petersburg, Clearwater, and the airport. The low HOA fee ($302/month) covers water, sewer, and trash. Whether you’re seeking a clean, affordable home or a high-performing, cash-flowing investment — this one checks all the boxes. Cash-only sale.
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MLS#
TB8435029
Property Type
Condo
Bedrooms
2
Bathrooms
2 Full
Year Built
2004
Square Feet
985
sq. ft
Lot Size
1.83
Stories
1.0
Sewer
Public Sewer
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