5816 CONGRESS STREET, New Port Richey, FL 34653

  • $129,500

Overview

Property ID: HZTB8435104
  • Multi Family, Residential Income
  • Property Type
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • 985 Sqft
  • Area Size

Description

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.

  • Address: 5816 CONGRESS STREET
  • City: New Port Richey
  • State/county: FL
  • Zip/Postal Code: 34653
  • Country: US

Details

Updated on December 3, 2025 at 9:40 pm
  • Property ID HZTB8435104
  • Price $129,500
  • Property Size 985 Sqft
  • Land Area 1.83 Acres
  • Bedrooms 6
  • Bathrooms 6
  • Garage Size x x
  • Year Built 2004
  • Property Type Multi Family, Residential Income
  • Property Status Canceled

Additional details

  • Listing Terms Cash
  • Association Fee 302
  • Roof Metal
  • Utilities Electricity Connected,Sewer Connected,Water Connected
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Electric
  • Flooring Ceramic Tile,Laminate
  • County Pasco
  • Property Type Residential Income
  • Parking Common,Off Street
  • Elementary School Cotee River Elementary-PO
  • Middle School Gulf Middle-PO
  • High School Gulf High-PO
  • Community Features None

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Jamie Stevens

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