36-Unit Apartment Community with
For Sale
$2,700,000
4954 Bitner Street, New Port Richey, FL 34652
A 55+ residential community with updated apartments, individual garages, and shared recreation amenities.
Property Size1,087 SF
Price / SF$3,370
Days on Market13
Property Features for 4954 Bitner Street
General Information
Standard status
Active
Size
1,087 SF
Total Parking Spaces
36
Property subtype
Residential Income
Zoning
MF1
Units
Unit Mix
19 x 1BR/1BA, 13 x 2BR/1BA, 4 x 2BR/2BA
Multifamily Units
36
Additional Details
Cap Rate
10%
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,080
Amenities
pool
shuffleboard
washer/dryer hookups
Carpet,Ceramic Tile,Tile
true
40
false
53
Inside
Public Records
Ceiling Fan(s)
Public
1
43
Asphalt
Other
Slab
1087
36
Building Details
Building Size
1,087 SF
Year Built
1973
Listing Agency:
RE/MAX MARKETING SPECIALISTS
(407) 904-9656
Listed By:
Alicia Robinson Shivers
Source:
Lotusdoorhomes
Added: Oct 20
Changed: Oct 31
Last Checked: Oct 31 at 2:17AM
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 RE/MAX MARKETING SPECIALISTS
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Investment Insights
Based on property information with market context.
New Port Colony is a 36-unit apartment community for residents aged 55 and older at 4954 Bitner Street in New Port Richey. Built in 1973, the property has 19 one-bedroom, one-bath units, 13 two-bedroom, one-bath units, and 4 two-bedroom, two-bath units. The apartments have been updated and include central heating and air conditioning. Each unit has a private garage with washer and dryer hookups. Property amenities include a pool and shuffleboard, and the zoning is MF1.
Residents may join the Gulf Harbors Beach Club for $200 per year. Grocery stores, restaurants, retail shopping, and medical facilities are described as nearby.
Residents may join the Gulf Harbors Beach Club for $200 per year. Grocery stores, restaurants, retail shopping, and medical facilities are described as nearby.
Key Highlights
- 36‑unit 55+ apartment community in New Port Richey
- Unit mix: 19 one‑bedroom/one‑bath, 13 two‑bedroom/one‑bath, and 4 two‑bedroom/two‑bath apartments
- Every apartment has a private garage with washer and dryer hookups
Property Analytics
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Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
1,082
Businesses Nearby
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Business Placement
Demographics for 34652, FL
26,697
Population
14,700
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,104
Density / Sq Mi
$52,396
Median Household Income
$36,819
Median Earnings
$1,189
Median Rent
$198,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - A 55+ residential community with updated apartments, individual garages, and shared recreation amenities.
Where is this apartment building located?
The property is located at 4954 Bitner Street New Port Richey, FL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 36‑unit 55+ apartment community in New Port Richey; Unit mix: 19 one‑bedroom/one‑bath, 13 two‑bedroom/one‑bath, and 4 two‑bedroom/two‑bath apartments; Every apartment has a private garage with washer and dryer hookups
