BEDS2
BATHS2 full
SQUARE FEET985
MLS#TB8434394
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONGLEN CREST CONDO
Property Description
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 Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Electric
Lot Size: 1.83 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $2,216
Year Built: 2004
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
Thermostat
Lighting
Sidewalk
Feature Descriptions
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer
Community Features: None
Days on Site: 149
Directions: From Clearwater-Get on US-19 N, Continue north on US-19 / Alternate 19 through Pinellas and into Pasco County.Stay on US-19 N, then take the exit toward FL-54 / Little Rd / New Port Richey (depending on exact intersection).Turn onto FL-54 W (or Little Rd,
Exterior: Block
Flood Zone Code: AE
Flooring: Laminate, Luxury Vinyl
Foundation: Slab
HOA Fee: 302/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 1.83
Number of Pets: 2
Ownership: Condominium
Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Pets Restrictions: With a fish exception, a unit owner may keep a maximum of 2 pets. Pets shall be defined as a dog, cat, bird, or fish. Max Pet Weight 25 Lbs.
Pets Size: Small (16-35 Lbs.)
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Private
Water Access Y/N: No
Zoning: MF1
Room Sizes
Primary Bedroom: 12x12
Primary Bathroom: 6x8
Bathroom 2: 6x8
Living Room: 12x14
Kitchen: 8x10
Bedroom 2: 12x12
Family Room: 12x14
Local Schools
High School: Gulf High-PO
Middle School: Gulf Middle-PO
Elementary School: Cotee River Elementary-PO
Listed By / Shown By
Listed By
Agency Name: LIFES A BEACH REAL ESTATE
Agency Contact: 727-202-2966
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
Estimate Your Payment
Estimated Payment
$ 908.88 per month $686.59 Principal & Interest $184.67 Property Tax $37.63 Homeowner's Insurance
5816 Congress Street, Unit 201 | MLS# TB8434394
This condo located at 5816 Congress Street, Unit 201, New Port Richey, FL 34653 is currently listed for sale with an asking price of $129,000. This property was built in 2004 and has 2 bedrooms and 2 full baths with 985 sq. ft. Congress Street, Unit 201 is located in the GLEN CREST CONDO subdivision. Search GLEN CREST CONDO real estate on www.adamscameroncommercial.com today.