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    5100 South Rd New Port Richey, FL 34652

    New
    For Sale
    $549,850

    Multi Family - NEW PORT RICHEY, FL

    Property size:
    2,753 SF
    Lot size:
    0.34 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 5100 South Rd

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    R1MH
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    APN
    16-26-08-001.0-022.00-001.0
    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
    Size
    2,753 SF
    Lot size
    0.34 Acres

    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

    Future Home Realty, Inc (727) 409-3368 [email protected]

    Listing agent Susan McGowan (813) 855-4982 License #3155686

    Listing date Dec 8, 2025

    MLS# TB8370544 Listing URL

    Copyright © 2025 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.

    Overview

    Income-Generating Multiplex in New Port Richey

    This well-maintained multiplex property presents an investment opportunity, featuring five fully-leased units that generate consistent income. Each unit has been renovated with new A/C units, water heaters, remodeled kitchens, and remodeled bathrooms. Situated in a desirable neighborhood of New Port Richey, the location provides access to major transportation routes, shopping centers, and local amenities. The property is in turnkey condition, with regular maintenance and updates. It features a block structure, a separate laundry building, and a newer roof installed in 2020. The property, with a size of 2753 square feet, sits on a lot of 0.34 acres. The zoning is R1MH. The property offers investors a stable, income-producing asset with appreciation potential. The current owners are enjoying over a 7% Cap rate!
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Port Richey
    County
    Pasco
    State
    Florida
    Longitude
    -82.729829
    Latitude
    28.246029

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully-leased multiplex with income potential in New Port Richey.
    Where is this apartment building located?
    The property is located at 5100 South Rd New Port Richey, FL.
    What is the asking price?
    The asking price for this property is $549,850.
    What are key features of this property?
    This property features: - Five fully-leased, freshly renovated units generating consistent income.; - Located in a highly desirable New Port Richey neighborhood with strong rental demand.; - Turnkey condition minimizes immediate capital expenditures.
    (813) 855-4982
    Request Owner's contact information
    5100 South Rd New Port Richey, FL 34652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5100 South Rd New Port Richey, FL 34652
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