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    Income-Generating Duplex Residence Title is generated by Realmo AI

    6937 MCBRIDE COURT, New Port Richey, FL 34652

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    Claim this Listing
    For Sale
    $299,000

    Duplex - NEW PORT RICHEY, FL

    Type:Duplex
    Property size:
    1,736 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $172/SF
    Added:
    May 1, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 18 at 4:06 pm

    Property Features for 6937 MCBRIDE COURT

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    MF1
    Bedrooms
    4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Interior features
    Solid Wood Cabinets
    Standard status
    Active
    APN
    16-26-05-003.0-201.00-013.1
    Size
    1,736 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4520.42

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1974
    Number of units
    2
    Building materials
    Block
    Roof type
    Shingle
    Architectural style
    Other

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    Listing Contact
    Carlos Casola

    Listing agent Carlos Casola License #3445416

    Listing office FLORIDA'S 1ST CHOICE RLTY LLC 3030 N Rocky Pointe DR Ste 150, Sun City Center, FL

    Listing date May 1, 2026

    MLS# TB8503381 Listing URL

    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.

    HighLights

    • Income‑producing duplex with block construction and shingle roof, built in 1974
    • Central heating and central air with electric heating
    • One unit updated in March 2026 with tile floor and a walk‑in shower
    • Solid wood cabinets and washer/dryer connections available
    • No flood zone reported

    Overview

    This for-sale duplex offers two residential units under MF1 zoning. The roof is less than five years old, helping reduce near-term exterior maintenance. One side was updated in March 2026 with new tile flooring and a walk-in shower, and both units include washer and dryer connections for added day-to-day convenience.

    The property sits on a small lot and is identified as being in a no flood zone. The seller is also willing to offer concessions to help cover upgrades or repairs to both units, which may support a smoother transition for an owner-operator or investor.

    With two separate sides and documented improvements to one unit, this duplex can be a practical fit for buyers seeking a residential income property with recent interior work and established household utilities hookups. The roof age and the no-flood-zone designation are straightforward considerations for maintaining long-term habitability and managing basic property risk. Concession support may further help address remaining property needs across both units.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    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.

    Component $ $/SF
    Gross rent $31.0k $17.88
    − Vacancy −$2.1k −$1.21
    EGI $28.9k $16.67
    − OpEx −$8.7k −$5.00
    NOI $20.3k $11.67
    1,736 SF · lease $17.88/SF/yr · vacancy 6.74% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $289.5K
    $253.3K – $337.7K (±1% cap)
    NOI $20,263 @ 7.0% cap · market cap 6.78%
    Second Best
    Apartment 5plus
    $228.1K
    $199.6K – $266.1K (±1% cap)
    NOI $15,966 @ 7.0% cap · market cap 5.34%
    Theoretical Best
    Office A
    $395.5K
    $346.0K – $461.4K (±1% cap)
    NOI $27,682 @ 7.0% cap · market cap 9.26%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    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
    -82.723754
    Latitude
    28.258562

    FAQs

    What type of property is this?
    Duplex - Duplex in an MF1 zone with roof under five years old, plus in-unit washer and dryer connections.
    Where is this duplex located?
    The property is located at 6937 MCBRIDE COURT New Port Richey, FL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Income‑producing duplex with block construction and shingle roof, built in 1974; Central heating and central air with electric heating; One unit updated in March 2026 with tile floor and a walk‑in shower
    More about this property
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