Apartment Building with Private
For Sale
$3,186,000
4954 BITNER Street, New Port Richey, FL 34652
MULTI_FAMILY - NEW PORT RICHEY, FL
Property Size801 SF
Price / SF$3,977
Days on Market96
Property Features for 4954 BITNER Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
MF1
Bedrooms
53
Bathrooms
40
Full bathrooms
40
Rooms
Bedroom 10, Bathroom 13, Bedroom 46, Bathroom 2, Bedroom 28, Bedroom 41, Bathroom 15, Bathroom 17, Bathroom 38, Bathroom 37, Bathroom 29, Bathroom 30, Bedroom 13, Bedroom 30, Bedroom 52, Bedroom 34, Bathroom 3, Bathroom 27, Bedroom 24, Bedroom 18, Bedroom 16, Bedroom 6, Bathroom 32, Bedroom 1, Bathroom 16, Bathroom 39, Bathroom 40, Bedroom 5, Bathroom 35, Bathroom 19, Bedroom 31, Bedroom 47, Bathroom 18, Bedroom 19, Bathroom 21, Bathroom 8, Bathroom 1, Bedroom 27, Bedroom 51, Bedroom 2, Bathroom 34, Bedroom 26, Bedroom 38, Bedroom 11, Bathroom 5, Bathroom 31, Bathroom 26, Bedroom 29, Bedroom 9, Bedroom 22, Bedroom 44, Bedroom 37, Bedroom 7, Bedroom 20, Bedroom 21, Bathroom 22, Bathroom 28, Bathroom 9, Bedroom 17, Bathroom 11, Bathroom 24, Bedroom 48, Bedroom 39, Bedroom 36, Bedroom 4, Bathroom 4, Bathroom 23, Bedroom 23, Bathroom 14, Bedroom 42, Bedroom 25, Bedroom 15, Bedroom 33, Bedroom 43, Bathroom 25, Bathroom 7, Bedroom 40, Bedroom 12, Bathroom 36, Bedroom 53, Bedroom 50, Bedroom 35, Bedroom 14, Bathroom 12, Bathroom 10, Bedroom 32, Bathroom 20, Bathroom 33, Bedroom 45, Bathroom 6, Bedroom 8, Bedroom 49, Bedroom 3
Pets allowed
Dogs OK, Yes
Pool private
1
Interior features
Ceiling Fans(s)
Appliances
Dryer, Refrigerator, Washer
Subdivision
NEW PORT COLONY
Directions
US 19 west Marine. Right on Parkway
Standard status
Active
APN
16-26-07-014.D-025.01-016.0
Size
801 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
NEW PORT COLONY FIFTH WAY UNREC PLAT PCL 1016 BLOCK 25 DESC AS:COM AT SE COR OF SEC TH N01DEG21'15"E 1641.91 FT TH S89DEG56' 13"W 224.57 FT TH N00DEG03' 47"W 168.65 FT FOR POB TH N89DEG38' 45"W 28 FT TH N00DEG21' 15"E 22.67 FT TH S89 DEG38' 45"E 13.3 3 FT TH N00DEG 21' 15"E 13.33 FT TH S89DEG38' 45"E 28 FT TH S00DEG21' 15"W 13.33 FT TH N89DEG38' 45"W 13.33 FT TH S00DEG21' 15"W 22.67 FT TO POB (X)
Tax Annual Amount
1080
Legal Description
NEW PORT COLONY FIFTH WAY UNREC PLAT PCL 1016 BLOCK 25 DESC AS:COM AT SE COR OF SEC TH N01DEG21'15"E 1641.91 FT TH S89DEG56' 13"W 224.57 FT TH N00DEG03' 47"W 168.65 FT FOR POB TH N89DEG38' 45"W 28 FT TH N00DEG21' 15"E 22.67 FT TH S89 DEG38' 45"E 13.3 3 FT TH N00DEG 21' 15"E 13.33 FT TH S89DEG38' 45"E 28 FT TH S00DEG21' 15"W 13.33 FT TH N89DEG38' 45"W 13.33 FT TH S00DEG21' 15"W 22.67 FT TO POB (X)
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
pool
shuffleboard
Building Details
Year built
1973
Floors in Building
1
Flooring type
Tile - Ceramic, Tile, Carpet
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
RE/MAX MARKETING SPECIALISTS · RE/MAX International
(727) 853-7801
Listed By:
Nicholas Vavoulis · License #3039347
(727) 234-3743
Added: May 4
Changed: Aug 3
Last Checked: Aug 7 at 5:06AM
MLS# W7885450
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.
Investment Insights
Based on property information with market context.
New Port Colony is a 36-unit 55+ apartment community built in 1973, with MF1 zoning. The unit mix includes 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath residences within a single complex.
Each unit is described as updated and equipped with central heating and central air, with ceiling fans and in-unit appliance setup that includes a washer and dryer, plus a refrigerator. Construction is block with stucco, and the roof is shingle. Common features include a private pool and shuffleboard.
A standout resident amenity is private garage parking: all 36 units have their own private garage, along with washer/dryer hookups in the garage. Utilities are set up with cable available, public water, and public sewer. The listing also cites a 10% cap rate.
Each unit is described as updated and equipped with central heating and central air, with ceiling fans and in-unit appliance setup that includes a washer and dryer, plus a refrigerator. Construction is block with stucco, and the roof is shingle. Common features include a private pool and shuffleboard.
A standout resident amenity is private garage parking: all 36 units have their own private garage, along with washer/dryer hookups in the garage. Utilities are set up with cable available, public water, and public sewer. The listing also cites a 10% cap rate.
Key Highlights
- 36 units in an MF1‑zoned apartment community built in 1973
- Unit mix: 19 one‑bedroom/one‑bath, 13 two‑bedroom/one‑bath, 4 two‑bedroom/two‑bath
- Private garage parking for all 36 units, with washer/dryer hookups in each garage
Property Analytics
Property Profile
Current Use
Lease Details
36
Residential units
Location Intelligence
Trade Area within ½ mile
1,082
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 36-unit 55+ multifamily community in MF1 zoning with a private pool and on-site 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 $3,186,000.
What are key features of this property?
This property features: 36 units in an MF1‑zoned apartment community built in 1973; Unit mix: 19 one‑bedroom/one‑bath, 13 two‑bedroom/one‑bath, 4 two‑bedroom/two‑bath; Private garage parking for all 36 units, with washer/dryer hookups in each garage
