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    Fitness Center on US 19 Title is generated by Realmo AI

    4900 US HIGHWAY 19, New Port Richey, FL 34652

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    For Sale
    $5,300,000

    Mixed Use - NEW PORT RICHEY, FL

    Type:Mixed Use
    Property size:
    31,684 SF
    Lot size:
    2.43 Acres
    Price / SF:
    $167/SF
    Added:
    Jan 12, 2025
    Days on Market:
    527
    Last Refresh:
    Jun 23 at 2:06 pm

    Property Features for 4900 US HIGHWAY 19

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Zoning
    C2
    Standard status
    Active
    APN
    16-26-17-004.0-022.00-004.0
    Size
    31,684 SF
    Lot size
    2.43 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    38119.26

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1961
    Flooring type
    Tile
    Building materials
    Block, Metal Siding, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Gerard Buglione

    Listing agent Gerard Buglione License #3229104

    Listing office CHARLES RUTENBERG REALTY INC 1545 S Belcher Rd, Clearwater, FL

    Listing date Jan 12, 2025

    MLS# W7871417 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime real estate location along US 19 in New Port Richey.
    • Includes adjacent lot, totaling almost 4.5 acres.
    • Existing 30,000+ square foot building.
    • Vacant lot includes an industrial‑size swimming pool.
    • Recently redone parking lot to meet city code.
    • Over 15 pallets of granite included.

    Overview

    This property presents an opportunity to own real estate along US 19 in the city of New Port Richey, Florida. The property, along with an adjacent lot, totals almost 4.5 acres. The existing building, spanning over 30,000 square feet, is currently occupied by a fully operating fitness center. The adjacent vacant lot includes an industrial-size swimming pool. The building contains multiple rooms used as offices, classroom areas, and a physical therapy room, as well as locker rooms. The property features over 15 pallets of granite. The parking lot has been recently redone to meet city code. The lot size is 2.43 acres and the property size is 31,684 square feet. The zoning is C2.

    Local Financial Insights For Mixed Use

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $684.4k $21.60
    − Vacancy −$54.7k −$1.73
    EGI $629.6k $19.87
    − OpEx −$236.1k −$7.45
    NOI $393.5k $12.42
    31,684 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $5.62M
    $4.92M – $6.56M (±1% cap)
    NOI $393,515 @ 7.0% cap · market cap 7.42%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.22M
    $6.32M – $8.42M (±1% cap)
    NOI $505,220 @ 7.0% cap · market cap 9.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fitness centers & gyms

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • R&J Fitness Express, Inc. — Palm Way, West Palm Beach, FL 33405
    • Axe Hole NPR — 5761 Nebraska Ave, New Port Richey, FL 34652
    • Select Physical Therapy - New Port Richey — 5347 Main St Suite 202, New Port Richey, FL 34652
    • Koh Muay Thai - New Port Richey — 5404 Main St, New Port Richey, FL 34652
    • Coastline Salt Room — 5426 Main St, New Port Richey, FL 34652

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.729768
    Latitude
    28.230232

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    FAQs

    What type of property is this?
    Fitness center & gym - Operating fitness center with adjacent vacant lot and industrial pool.
    Where is this fitness center & gym located?
    The property is located at 4900 US HIGHWAY 19 New Port Richey, FL.
    What is the asking price?
    The asking price for this property is $5,300,000.
    What are key features of this property?
    This property features: Prime real estate location along US 19 in New Port Richey.; Includes adjacent lot, totaling almost 4.5 acres.; Existing 30,000+ square foot building.
    (727) 992-6396
    We can help!
    Listing Contact
    Gerard Buglione
    Real Estate License ID: 3229104
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