5816 Congress Street Unit 201, New Port Richey, FL 34653
- $117,500
- 2
- BD
- 2
- BA
- 985
- SqFt
- Sold Price
- $117,500
- List Price
- $123,500
- Status
- Sold
- Days on Market
- 208
- Closing Date
- May 25, 2026
- MLS#
- TB8434394
- Property Style
- Condo
- Year Built
- 2004
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 985
- Lot Size
- 79,764
- Acres
- 1.83
- Total Acreage
- 1 to less than 2
- Building Name
- 5816
- Legal Subdivision Name
- Glen Crest Condo
- MLS Area Major
- New Port Richey
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.
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Additional Information
- Minimum Lease
- 7 Months
- Hoa Fee
- $302
- HOA Payment Schedule
- Monthly
- Maintenance Includes
- Cable TV, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, None, Sewer, Trash, Water
- Community Features
- None, No Deed Restriction
- Property Description
- One Story
- Zoning
- MF1
- Interior Layout
- Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
- Interior Features
- Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
- Floor
- Laminate, Luxury Vinyl
- Appliances
- Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Heating
- Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block
- Exterior Features
- Lighting, Sidewalk
- Roof
- Metal
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Cotee River Elementary-Po
- Middle School
- Gulf Middle-Po
- High School
- Gulf High-PO
- Pets
- Allowed
- Pet Size
- Small (16-35 Lbs.)
- Floor Number
- 2
Listing Courtesy Of LIFES A BEACH REAL ESTATE, Contact: 727-202-2966
Selling Office: EZ HOME CHOICE LLC.Mortgage Calculator
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