Condominium with Elevator and
4529 WHITTON WAY 223, New Port Richey, FL 34653
Two-bedroom condominium with modern upgrades and community amenities.
Type:Condo/Townhome
Property size:
900 SFLot size:
0.08 AcresPrice / SF:
$183/SF- Added:
- Mar 23, 2026
- Days on Market:
- 63
- Last Refresh:
- Apr 6 at 2:43 am
Property Features for 4529 WHITTON WAY 223
General Information
- Standard status
- Active
- Size
- 900 SF
- Lot size
- 0.08 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1990
Listing agent Anne Paquet-Kreeb License #3590186
Listing office GIONTA REALTY GROUP LLC (727) 271-6187
Listing date Mar 23, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of GIONTA REALTY GROUP LLC
HighLights
- Hurricane resilient: Property remained dry and undamaged during recent hurricanes.
- Updated building: New roof and gutters installed at the end of 2023.
- Comprehensive amenities: Includes two pools, fitness center, library, clubhouse, planned activities, exterior/grounds maintenance, trash, cable, and internet.
- Convenient location: Two minutes from shops, five minutes from major grocery stores, and fifteen minutes from the coast.
- Elevator access: Building has an elevator for easy access.
- Updated appliances and systems: Features a stainless steel dishwasher and refrigerator, HVAC (2020), Water Heater (2023), and new carpeting (2022).
Overview
Located at 4529 Whitton Way, unit 223 is a two-bedroom, one-bath condominium situated on the second floor of a building with an elevator. The property remained dry and undamaged during recent hurricanes. The building features a new roof and gutters, replaced at the end of 2023. The interior layout includes split bedrooms for enhanced privacy and a laundry area conveniently located off the kitchen. An open floorplan contributes to a cozy and functional living space. The HVAC system was updated in 2020, and the water heater was replaced in 2023. New carpeting was installed in 2022, and the dishwasher and refrigerator have been upgraded to stainless steel models. The property is approximately 900 square feet. A screened-in porch, accessible from the kitchen, offers a space for relaxation. Community amenities include two pools, a fitness center, a library, and a clubhouse. Planned activities are available for residents. Exterior and grounds maintenance, trash removal, cable, and internet services are included. The community is gated for added security. The property is located a short drive from shops, major grocery stores, and store chains. Situated approximately 15 minutes east of the coast, residents have convenient access to the beach. The condominium is intended for full-time or part-time residents.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$92.0K
NOI $8,277 @ 9.00% cap · cautious / downside scenario
Moderate
$118.2K
NOI $8,277 @ 7.00% cap · market / base-case scenario
Aggressive
$165.5K
NOI $8,277 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $16.2k | $18.00 |
| − Vacancy | −$1.2k | −$1.28 |
| EGI | $15.0k | $16.72 |
| − OpEx | −$6.8k | −$7.52 |
| NOI | $8.3k | $9.20 |
900 SF · lease $18.00/SF/yr · vacancy 7.10% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$118.2K
$103.5K – $138.0K
NOI $8,277 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$205.0K
$179.4K – $239.2K
NOI $14,351 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Residential income properties
Location Insight
- Map
- Local Demand
- City
- New Port Richey
- County
- Pasco
- State
- Florida
- Longitude
- -82.6879645
- Latitude
- 28.2251462
Nearby Similar for Sale
FAQs
What type of property is this?
Residential income property - Two-bedroom condominium with modern upgrades and community amenities.
Where is this residential income property located?
The property is located at 4529 WHITTON WAY 223 New Port Richey, FL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Hurricane resilient: Property remained dry and undamaged during recent hurricanes.; Updated building: New roof and gutters installed at the end of 2023.; Comprehensive amenities: Includes two pools, fitness center, library, clubhouse, planned activities, exterior/grounds maintenance, trash, cable, and internet.
