5100 SOUTH ROAD New Port Richey, FL 34652
Multi-Family 5+ - NEW PORT RICHEY, FL
Property size:
2,753 SFLot size:
0.34 AcresPrice / SF:
$174/SF- Added:
- Apr 4, 2025
- Days on Market:
- 399
- Last Refresh:
- May 7 at 3:06 pm
Property Features for 5100 SOUTH ROAD
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1MH
- Bedrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- Assigned, Guest
- Pets allowed
- Yes
- Interior features
- Built-in Features, Ceiling Fans(s), Open Floorplan, Thermostat
- Exterior features
- Outbuildings, Lighting, Private Mailbox
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 16-26-08-001.0-022.00-001.0
- Size
- 2,753 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 5455
Utilities
- Heating system
- Central, Ductless (Heating), Electric (Heating)
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1956
- Number of units
- 5
- Flooring type
- Tile, Tile - Ceramic
- Building materials
- Block, Concrete, Stucco
- Architectural style
- Other
- Additional Structures
- Outbuilding
Listing agent Susan McGowan License #3155686 (813) 484-8655
Listing office FUTURE HOME REALTY INC 13029 W Linebaugh Av Ste 101, Tampa, FL (813) 855-4982
Listing date Apr 4, 2025
MLS# TB8370544
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
- High Gross Annual Income: Over $60,000 annually.
- Strong Net Annual Income: Approximately $45,000 annually.
- Fully Renovated Units: Featuring new A/C units, water heaters, and remodeled kitchens and bathrooms.
- Five Fully‑Leased Units: Ensures consistent income.
- Prime Location: Situated in a desirable New Port Richey neighborhood.
- Turnkey Condition: With regular maintenance, a newer roof (2020), and block structure.
Overview
Fully Leased Multiplex Investment
This well-maintained multiplex property in New Port Richey, Florida, presents a prime investment opportunity. The property features five fully-leased units, generating consistent income and offering significant potential for long-term financial growth. Each unit has been freshly renovated with new A/C units, water heaters, fully remodeled kitchens, and remodeled bathrooms. The property is situated in a highly desirable neighborhood, with strong demand for rental units, ensuring high occupancy rates and attractive rental yields. The location provides easy access to major transportation routes, shopping centers, and local amenities. The property is in turnkey condition, with regular maintenance and updates minimizing the need for immediate capital expenditures. Constructed with a block structure, it also includes a separate laundry building and a newer roof installed in 2020. The property, situated on a 0.34-acre lot, totals 2,753 square feet. Gross income exceeds $60,000 annually, with a net income around $45,000 per year. The property is zoned R1MH.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.729829
- Latitude
- 28.246029
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Turnkey multiplex in New Port Richey with income potential.
Where is this apartment building located?
The property is located at 5100 SOUTH ROAD New Port Richey, FL.
What is the asking price?
The asking price for this property is $479,999.
What are key features of this property?
This property features: High Gross Annual Income: Over $60,000 annually.; Strong Net Annual Income: Approximately $45,000 annually.; **Fully Renovated Units:** Featuring new A/C units, water heaters, and remodeled kitchens and bathrooms.
