5048 South Rd, New Port Richey, FL 34652

Off market oct 2020 for $295K

—

Est. refi paymentEst. refi $2,130/mo

—

•

— ba

•

2,753

sq ft

5048 South Rd, New Port Richey, FL 34652

About this home

This is your chance to Own this structurally sound 4 unit Rental Property, Fully Occupied with long term tenants on yearly leases and start generating immediate income! Conveniently located in a secluded area among mostly single family homes with easy access to Highway 19, shopping centers, Restaurants, Businesses and Downtown. Coin operated Laundry Room, plenty of parking spaces, Very low maintenance expense, over 10% cap Rate with possibility for more makes this an ideal investment. The City of New Port Richey presents an excellent opportunity, with affordable home prices. Prime for individuals/ Investors looking for great deals in a community that offers culture, great shopping, beaches with a small town feel. Call today and make this yours!

Multi-familyProperty Type

1956Year Built

0.34 acresLot Size

$107Price/Sq.Ft.

Listed by Feven Abraham • COLDWELL BANKER REALTY

Bought with Susan McGowan • FUTURE HOME REALTY INC

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #U8095360

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 34652, FL

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

95.2%

+0.4% MoM

Median sale price

$241K

$550 MoM

Avg. days on market

66d

25 days MoM

Recently sold homes

169

4 MoM

New listings for sale

NEW 10 HRS AGO
$72,900
1 bed1.5 baths728 sq ft
4712 Marine Pkwy #105, New Port Richey, FL 34652
NEW 1 DAY AGO
$250,000
3 beds2 baths1,525 sq ft
4516 Seagull Dr #306, New Port Richey, FL 34652
$116,500
2 beds1 bath975 sq ft
4350 Sunstate Dr #4, New Port Richey, FL 34652
$250,000
2 beds2 baths724 sq ft
5837 Tennessee Ave, New Port Richey, FL 34652
$129,900
3 beds1 bath916 sq ft
4601 Irene Loop, New Port Richey, FL 34652
$205,000
2 beds2 baths1,200 sq ft
3930 Sail Dr, New Port Richey, FL 34652
$368,000
3 beds3 baths1,972 sq ft
6522 Sand Shore Ln, New Port Richey, FL 34652
$250,000
3 beds2 baths1,288 sq ft
5223 Drift Tide Dr, New Port Richey, FL 34652
FOR SALE BY OWNER
$575,000
2 beds2 baths1,462 sq ft
4281 Rudder Way, New Port Richey, FL 34652
$630,000
3 beds2 baths1,547 sq ft
4454 Mitcher Rd, New Port Richey, FL 34652
See all

Provided by Redfin

Sale history for 5048 South Rd

Date

Event

Price

Stellar MLS as Distributed by MLS Grid #TB8370544

Oct 9, 2026

Listing Removed

—

Feb 28, 2026

Listing Removed

—

Stellar MLS as Distributed by MLS Grid #U8095360

Oct 9, 2020

Sold

$295,000

$107/sq ft

Sep 22, 2020

Pending

—

Sep 14, 2020

Price Changed

$315,000

$114/sq ft

Sep 14, 2020

Relisted

—

Aug 27, 2020

Pending

—

Aug 22, 2020

Listed

$299,000

$109/sq ft

Stellar MLS as Distributed by MLS Grid #U7830821

Mar 31, 2018

Listing Removed

—

Public Records

Feb 11, 2008

Sold

$167,000

$61/sq ft

Stellar MLS as Distributed by MLS Grid #W7184602

Oct 4, 2006

Listing Removed

—

Public Records

Oct 2, 2003

Sold

$148,000

$54/sq ft

Public Records

Oct 10, 2002

Sold

$130,000

$47/sq ft

Public Records

Feb 8, 1995

Sold

$20,000

$7/sq ft

Tax history for 5048 South Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.34 Acres

Year renovated

1985

Sq. Ft.

2,753

Year built

1956

Style

Other

County

Pasco County

APN

08-26-16-0010-02200-0010

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

R1MH

Single-Family/Mobile Home District

The purpose of the R-1MH Single-Family/Mobile Home District is to provide for the continued development of a mixed pattern of conventional residences and mobile homes, situated on individual lots, in established areas.

Permitted uses

Include but are not limited to:

Garden center
Housing-Single unit
Educational/school
Housing-Mobile home park

Property details

Parking

Parking Information
Parking Features: Common

Interior

Virtual Tour

Laundry Room Information
Laundry Features: Outside

Heating & Cooling
Heating Information: Electric
Cooling Information: Central Air, Wall/Window Unit(s)

Interior Features
Appliances: Microwave, Range, Refrigerator
Flooring: Tile

Exterior

Building Information
Construction Materials: Block, Concrete, Stucco
Roof: Built-Up

Exterior Features
Patio And Porch Features: Front Porch
Exterior Features: Other

Waterfront Information
Waterfront Feet Total: 0
Water View Y/N: 0
Water Access Y/N: 0
Water Extras Y/N: 0

Property Information
Total Num Buildings: 1
CDD Y/N: 0
Homestead Y/N: 0
Property Type: Residential Income
Property Sub Type: Quadruplex
Property Condition: Completed
Zoning: R1MH

Land Information
Total Acreage: 1/4 to less than 1/2

Lot Information
Lot Size Acres: 0.34
Road Surface Type: Paved
Lot Size Square Meters: 1394

Building Information
MFR_BuildingNameNumber: OCEANUS APARTMENTS

Financial

Tax Information
Tax Annual Amount: $2,310
Tax Year: 2019

Lease / Rent Details
Lease Restrictions YN: 0
Tenant Pays: Electricity, Water

Utilities

Utility Information
Water Source: Public
Sewer: Septic Tank
Utilities: Cable Connected, Electricity Connected, Water Connected

Location

Multi-Family Financial Information
Gross Income: $41,090
Annual Net Income: 32673.00
Annual Expenses: 8417

Multi-Unit Information
Unit Number YN: 0
# of Units (Total): 4
# of Units: 4

Unit Type 1 Information
# of Units: 1

Unit Type 2 Information
# of Units: 1

Unit Type 3 Information
Unit Type: Efficiency
# of Units: 1

Unit Type 4 Information
Unit Type: Efficiency
# of Units: 1

HOA Information
Association Approval Required Y/N: 0

School Information
Elementary School: Richey Elementary-PO
Middle Or Junior High School: Hudson Middle-PO
High School: Gulf High-PO

Location Information
Directions: From US 19 and Main St, go to south. South Rd is the first street on your right.

Community Information
Pets Allowed: Yes

Public facts

Beds: —
Baths: 1.0
Sq. Ft.: 2,753
Stories: 1.0
Lot Size: 0.34 acres
Style: Other
Year Built: 1956
Year Renovated: 1985
County: Pasco County
APN: 08-26-16-0010-02200-0010

Home facts updated by county records on Sep 14, 2026

Other

Miscellaneous Information
Third Party YN: 1

Listing Information
Previous Status: Pending
Backups Requested YN: 0

Listing Date Information
Days to Contract: 31
Status Contractual Search Date: 2020-10-09

Listing Price Information
Calculated List Price By Calculated Sq Ft: 114.42

Green Information
Green Verification Count: 0

Home Information
Living Area: 2753
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 255.76
Building Area Units: Square Feet
Foundation Details: Slab
Levels: One

Around this home

Schools

Richey Elementary School

Public PreK-5 • Assigned • 1.1mi

2/10

Gulf Middle School

Public 6-8 • Assigned • 1.3mi

2/10

Gulf High School

Public 9-12 • Assigned • 1.2mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 109° expected this year, 27 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

New Port Richey, FL • 34652

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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New listings for sale in 34652

NEW 10 HRS AGO

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NEW 1 DAY AGO

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$250,000

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5837 Tennessee Ave, New Port Richey, FL 34652

$129,900

3 beds1 bath916 sq ft

4601 Irene Loop, New Port Richey, FL 34652

$205,000

2 beds2 baths1,200 sq ft

3930 Sail Dr, New Port Richey, FL 34652

$368,000

3 beds3 baths1,972 sq ft

6522 Sand Shore Ln, New Port Richey, FL 34652

$250,000

3 beds2 baths1,288 sq ft

5223 Drift Tide Dr, New Port Richey, FL 34652

FOR SALE BY OWNER

$575,000

2 beds2 baths1,462 sq ft

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Home values near 5048 South Rd

Data from public records.

Address	Redfin Estimate
5035 South Rd, New Port Richey, FL 2 Beds \| 2 Baths \| 672 Sq. Ft.	$86,622
5051 South Rd, New Port Richey, FL 2 Beds \| 1 Baths \| 624 Sq. Ft.	$151,309

Address	Redfin Estimate
5023 South Rd, New Port Richey, FL 2 Beds \| 1 Baths \| 669 Sq. Ft.	$107,065
5007 South Rd, New Port Richey, FL 2 Beds \| 1.5 Baths \| 1011 Sq. Ft.	$179,577

Address	Redfin Estimate
5113 South Rd, New Port Richey, FL - Beds \| 2 Baths \| 600 Sq. Ft.	$85,709
5110 South Rd, New Port Richey, FL 2 Beds \| 1 Baths \| 1176 Sq. Ft.	$125,583

Property information provided by Stellar MLS as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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