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5816 Congress Street 201, NEW PORT RICHEY, FL 34653
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  • MLS#: TB8434394 ( Residential )
  • Street Address: 5816 Congress Street 201
  • Viewed: 151
  • Price: $123,500
  • Price sqft: $125
  • Waterfront: No
  • Year Built: 2004
  • Bldg sqft: 985
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 204
  • Acreage: 1.83 acres
  • Additional Information
  • Geolocation: 28.2436 / -82.7068
  • County: PASCO
  • City: NEW PORT RICHEY
  • Zipcode: 34653
  • Subdivision: Glen Crest Condo
  • Building: Glen Crest Condo
  • Elementary School: Cotee River Elementary PO
  • Middle School: Gulf Middle PO
  • High School: Gulf High PO
  • Provided by: LIFES A BEACH REAL ESTATE
  • Contact: Matt Mayers
  • 972-415-2502
  • mfrmls
  • DMCA Notice
  • 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 youre 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Lighting, Sidewalk
  • Flooring: Laminate, Luxury Vinyl
  • Living Area: 985.00
  • Roof: Metal
Property Information
  • Property Condition: Completed
School Information
  • High School: Gulf High-PO
  • Middle School: Gulf Middle-PO
  • School Elementary: Cotee River Elementary-PO
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Private
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Electric
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, None, Sewer, Trash, Water
  • Home Owners Association Fee: 302.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer
  • Association Name: Qualified Property Management, Inc.
  • Association Phone: 727-869-9700
  • Country: US
  • Interior Features: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
  • Legal Description: GLEN CREST CONDOMINIUM OR 6742 PG 1 BLDG B UNIT 201
  • Levels: One
  • Area Major: 34653 - New Port Richey
  • Occupant Type: Tenant
  • Parcel Number: 16-26-09-022.0-00B.00-201.0
  • Unit Number: 201
  • Views: 151
  • Zoning Code: MF1
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  1. Tropic Shores Realty
  2. A Winning Team
  3. 352.684.7371
  4. tropicshoresrealty@gmail.com