5816 Congress Street #102, 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 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.
Ceiling Fans(s)
Taxes: $2.00
Tax Year: 2024
HOA Fee 1: $302.00
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Other
Sidewalk
Dishwasher
Disposal
Electric Water Heater
Freezer
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: $140.76
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2025-10-07 16:19:09
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 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.
Property Details
Price: $129,500
Sq Ft: 920
($141 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: TB8435439
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)
Financial Information:
Taxes: $2.00
Tax Year: 2024
HOA Fee 1: $302.00
HOA Frequency 1: Monthly
Condo Fee Frequency: Monthly
Exterior Features:
Other
Sidewalk
Equipment:
Dishwasher
Disposal
Electric Water Heater
Freezer
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: $140.76
Total Floors: 1
Water: Public
Construction: Block
Date Listed: 2025-10-07 16:19:09
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 #102, New Port Richey, FL 34653
Listing Courtesy Of: Lifes A Beach Real Estate
MattMayersRealtor@gmail.com