5816 Congress Street #101, New Port Richey, FL 34653
Local realty services provided by:CENTURY 21 Affiliates
5816 Congress Street #101,New Port Richey, FL 34653
$112,500
- 2 Beds
- 2 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: matt mayers
Office: lifes a beach real estate
MLS#:TB8435029
Source:MFRMLS
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Price summary
- Price:$112,500
About this home
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....
Contact an agent
Home facts
- Year built:2004
- Listing ID #:TB8435029
- Added:258 day(s) ago
- Updated:June 22, 2026 at 06:57 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Ceramic Tile, Laminate
- Kitchen Description:Dishwasher, Disposal, Freezer, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2004
- Construction Materials:Block
- Exterior Features:Sidewalk
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Gulf High-PO
- Middle school:Gulf Middle-PO
- Elementary school:Cotee River Elementary-PO
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$112,500
- Tax amount:$2,216 (2024)
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Refrigerator
- Laundry features:Electric Dryer Hookup, Washer Hookup
- Amenities:Ceiling Fans(s)
- Pool features:Public Pool
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