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71-Unit Apartment Portfolio
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5319 Beach Street, New Port Richey, FL 34652

Clustered properties offer primarily two-bedroom layouts in established residential surroundings.

Property Size50,272 SF
Days on Market64

Property Features for 5319 Beach Street

General Information

Standard status Active
Size 50,272 SF
Property subtype Multifamily
Investment Type Value Add

Building Details

Year Built 1987
Buildings 21
Units 71
Listing Agency: Franklin Street Tampa
Listed By: Darron Kattan · License #3256503
Source: Crexi
Added: Jun 29 Changed: Aug 29 Last Checked: Aug 29 at 1:30PM

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 Franklin Street Tampa

Investment Insights

Based on property information with market context.

This 71-unit apartment portfolio encompasses 50,272 square feet across a clustered footprint in New Port Richey. The unit mix is weighted toward two-bedroom residences. Approximately 58% of the units have vaulted ceilings, while 58% include washer/dryer connections. Back patios are present at 79% of the units, with the source information noting enclosure potential for private outdoor areas.

The properties are positioned within established residential neighborhoods and connect to U.S. Highway 19, State Road 54, and the Suncoast Parkway (SR-589). Retail corridors, schools, grocery anchors, BayCare Health System, HCA Florida Trinity Hospital, and the Moffitt Cancer Center Speros campus are identified in the surrounding area. The improvements date to 1987.

Key Highlights

  • 71‑unit apartment portfolio totaling 50,272 square feet
  • Primarily two‑bedroom unit layouts
  • 58% of units feature vaulted ceilings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Bakery Catering Service Computer & Electronic Repair Daycare Center Locksmith (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Clustered properties offer primarily two-bedroom layouts in established residential surroundings.
Where is this apartment building located?
The property is located at 5319 Beach Street New Port Richey, FL.
What are key features of this property?
This property features: 71‑unit apartment portfolio totaling 50,272 square feet; Primarily two‑bedroom unit layouts; 58% of units feature vaulted ceilings
More about this property
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