Blue Realty

5816 CONGRESS STREET 102

NEW PORT RICHEY , FL 34653

MLS#: TB8435439

$129,500

Status: Active
Listing number: TB8435439
Listing provided by: LIFES A BEACH REAL ESTATE
Listing agent phone: None
Last update: 3 days ago
On site: 4 days ago
Browse Properties
GLEN CREST CONDO - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

2004

Sq.Footage

920

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 Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. 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.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Other Exterior Features

    Other

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.83

  • Property Type

    Residential

  • Property Sub Type

    Condominium

Price

  • Sales Price

    $129,500

  • Tax Amount

    2029.76

  • Sq. Footage

    920

  • Price/SqFt

    $140

HOA

  • Association

    YES

  • Association Fee

    $302

  • Association Fee Frequency

    Monthly

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Cotee River Elementary-PO

  • Middle School

    Gulf Middle-PO

  • High School

    Gulf High-PO

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Ownership

    Condominium

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    1020

  • Water Source

    Public

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Location

County

Pasco

Elementary School

Cotee River Elementary-PO

Middle School

Gulf Middle-PO

High School

Gulf High-PO

Listing Courtesy of Matt Mayers , LIFES A BEACH REAL ESTATE

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Agent DanielleUrtnowski

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(941) 699-6390

ms.danielle.ski@gmail.com


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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 Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. 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.

5816 CONGRESS STREET 102

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