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Listed by LIFES A BEACH REAL ESTATE

Status: Active

5816 Congress St #201 
New Port Richey, FL 34653

$129,500

------/mo*
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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.
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Bedrooms
2
Baths
2
House Size
985 sqft
Year Built
2004
Lot Size
1.83 ac

Location

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Interior Information

appliances
Convection Oven
Cooktop
Dishwasher
Disposal
Electric Water Heater
Freezer
cooling
Central Air
flooring
Laminate
heating
Electric
laundry features
Electric Dryer Hookup
Washer Hookup

Exterior Information

features
Lighting
road surface
Asphalt
roof
Metal

Property Information

community
None
construction
Block
foundation
Slab
hoa fees
$302.00
Monthly
hoa includes
Cable Tv
Internet
Maintenance Structure
Maintenance Grounds
Sewer
Trash
Water
sewer
Public Sewer
subdivision name
Glen Crest Condo
utilities
Electricity Connected
Sewer Connected
Water Connected
water source
Private
  • Listed By Matt Mayers
  • (727) 202-2966
  • LIFES A BEACH REAL ESTATE
  • (972) 415-2502
  • woodyjunot@lifesabeachrealty.com
  • MLS TB8434394

Monthly Payments Calculator

Estimated Monthly Cost

$1,292

30 year fixed·6.9% interest rate
Principal & Interest
$682
Property Taxes
$108
Home Insurance
$200
HOA Fees
$302
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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