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4954 Bitner Street, New Port Richey, FL 34652

New Port Richey
Local realty services provided by:CENTURY 21 Myers Rose Realty
4954 Bitner Street,New Port Richey, FL 34652
$2,800,000
  • 53 Beds
  • 40 Baths
  • 801 sq. ft.
  • Multi-family
  • Active
Listed by: nicholas vavoulis
Office: re/max marketing specialists
MLS#:W7885450
Source:MFRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$2,575.9
  • Monthly HOA dues:$308

About this home

New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | 10% Cap Rate. If you've been searching for a turnkey multifamily investment that truly checks every box, New Port Colony deserves your full attention. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate — and once you understand what's included, it's easy to see why. The unit mix is well-balanced, with 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Every unit has been updated and comes equipped with central heating and air. And here's what really sets this property apart: all 36 units have their own private garage — washer/dryer hookups in the garage of each unit. Residents get their own parking and their own laundry, all tucked right outside their door. There's a pool, shuffleboard, and a neighborhood feel that residents take pride in. Residents have the option to join the Gulf Harbors Beach Club — one of the...

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Home facts

  • Year built:1973
  • Subdivision & Development:NEW PORT COLONY
  • Listing ID #:W7885450
  • Added:139 day(s) ago
  • Updated:September 21, 2026 at 02:18 PM

Rooms and interior

  • Bedrooms:53
  • Total bathrooms:40
  • Flooring:Carpet, Ceramic Tile, Tile
  • Kitchen Description:Refrigerator
  • Living area:801 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1973
  • Building area:801 sq. ft.
  • Construction Materials:Block, Stucco
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$2,575.9
  • Tax amount:$1,080 (2025)

Features and amenities

  • Appliances:Dryer, Refrigerator, Washer
  • Laundry features:Dryer, Inside, Washer
  • Amenities:Cable Available, Cable Connected, Ceiling Fans(s), Maintenance
  • Pool features:Indoor, Private Pool

Parking

  • Parking description:Attached Garage
  • Garage:Yes
  • Garage spaces:1
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. CENTURY 21 Myers Rose Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Myers Rose Realty, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved. MFRMLS Member Broker: Gretchen Rose-Zagame

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