5816 Congress Street #101, New Port Richey, FL 34653
For Sale $129,500
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Contact the Listing Agent directly:
Listing Agent: Matt Mayers
Agent Phone:
727-678-1074
Agent Email:
MattMayersRealtor@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 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.
Ceiling Fans(s)
Ninguno
Taxes: $2.00
Tax Year: 2024
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Other
Sidewalk
Dishwasher
Disposal
Electric Water Heater
Freezer
Microwave
Refrigerator
Elementary School: Cotee River Elementary-Po
Middle School: Gulf Middle-Po
Junior High: Gulf Middle-Po
High School: Gulf High-Po
MLS Area: 34653 - New Port Richey
Price per Square Feet: $131.47
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2025-10-06 21:22:05
Pool: No
Furnished: Unfurnished
Flooring: Ceramic Tile, Laminate
Roof: Metal
Heating: Electric
Cooling: Central Air
Pets: Breed Restrictions, Cats Ok, Dogs Ok, Number Limit
Sewer: Public Sewer
Listing Courtesy Of: Lifes A Beach Real Estate
MattMayersRealtor@gmail.com
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.
Property Details
Price: $129,500
Sq Ft: 985
($131 per sqft)
Bedrooms: 2
Bathrooms: 2
City: New Port Richey
County: Pasco
Type: Condominium
Development: Glen Crest Condo
Acres: 1.83
Year Built: 2004
Listing Number: TB8435029
Status Code: A-Active
Taxes: $2.00
Tax Year: 2024
Furnishings: Unfurnished
Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit
Interior Features:
Ceiling Fans(s)
Ninguno
Financial Information:
Taxes: $2.00
Tax Year: 2024
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Exterior Features:
Other
Sidewalk
Equipment:
Dishwasher
Disposal
Electric Water Heater
Freezer
Microwave
Refrigerator
School Information:
Elementary School: Cotee River Elementary-Po
Middle School: Gulf Middle-Po
Junior High: Gulf Middle-Po
High School: Gulf High-Po
Additional Information:
MLS Area: 34653 - New Port Richey
Price per Square Feet: $131.47
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2025-10-06 21:22:05
Pool: No
Furnished: Unfurnished
Flooring: Ceramic Tile, Laminate
Roof: Metal
Heating: Electric
Cooling: Central Air
Pets: Breed Restrictions, Cats Ok, Dogs Ok, Number Limit
Sewer: Public Sewer
Map of 5816 Congress Street #101, New Port Richey, FL 34653
Listing Courtesy Of: Lifes A Beach Real Estate
MattMayersRealtor@gmail.com