Updated condo in the heart of New Port Richey! This unit is one (1) of three (3) available investment properties, all currently rented and producing a combined monthly income of $4,650. An excellent investment opportunity with strong returns — this particular unit rents for $1,550/month, offering a ~14.4% gross cap rate and an estimated ~10.0% net cap rate (based on a 30% expense ratio). Recent appraisal and inspection reports are included in the attachments. This well-maintained 2-bedroom, 2-bath corner Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. Peacefully situated next to a quiet conservation area, this home offers privacy and a serene natural view. Located minutes from beautiful Gulf beaches, shopping, dining, and entertainment, with easy access to Tampa, St. Petersburg, Clearwater, and the airport. The low HOA fee ($302/month) covers water, sewer, and trash. Whether you’re seeking a clean, affordable home or a high-performing, cash-flowing investment — this one checks all the boxes. Cash-only sale.
Utilities: Electricity Connected, Sewer Connected, Water Connected
Location
Multi-Family Financial Information
Total Annual Fees: $3,624
Total Monthly Fees: $302
Multi-Unit Information
Unit Number YN: 0
Furnished: Unfurnished
HOA Information
Association Name: Qualified Property Management, Inc.
Has HOA
MFR_Association2YN: 0
Montly Maintenance Amount In Addition To HOA Dues: 0
Association Fee Requirement: Required
Association Approval Required Y/N: 0
Association Fee Frequency: Monthly
Association Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Sewer, Trash, Water
School Information
Elementary School: Cotee River Elementary-PO
Middle Or Junior High School: Gulf Middle-PO
High School: Gulf High-PO
Location Information
Directions: From Clearwater-Get on US-19 N, Continue north on US-19 / Alternate 19 through Pinellas and into Pasco County. Stay on US-19 N, then take the exit toward FL-54 / Little Rd / New Port Richey (depending on exact intersection). Turn onto FL-54 W (or Little Rd, then west) heading toward the interior of New Port Richey. From FL-54 or the local road you’re on, turn onto Congress St (or the local street system) and follow until you reach 5816 Congress St. From Tampa ? 5816 Congress St, New Port Richey, head west toward I-275 W (or appropriate highway connecting toward Pinellas). Take I-275 W across Tampa Bay via the Courtney Campbell Causeway into Pinellas County. Continue west/north as needed to connect with US-19 N / Alternate 19 N or a suitable highway that heads north through Pinellas into Pasco. Once in Pasco County, follow US-19 N / Alternate 19 N north and then take the FL-54 / Little Rd exit toward New Port Richey Navigate via local roads to Congress St, then to 5816 Congress St.
Condo Information
Floor Number: 2
Monthly Condo Fee Amount: 302
Condo Land Included Y/N: 1
Condo Fees Term: Monthly
Condo Fees: 302
Community Information
Community Features: None
Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 985
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 2004
Year Renovated: 2004
County: Pasco County
APN: 09-26-16-0220-00B00-1010
Home facts updated by county records on Sep 14, 2026
Other
Miscellaneous Information
Third Party YN: 1
Listing Information
Attribution Contact: 727-202-2966
Previous Status: Pending
Backups Requested YN: 0
Home Warranty YN: No
Listing Date Information
Days to Contract: 235
Status Contractual Search Date: 2026-06-18
Listing Price Information
Calculated List Price By Calculated Sq Ft: 125.38
Green Information
Green Verification Count: 0
Direction Faces: North
Home Information
Living Area: 985
Living Area Units: Square Feet
Living Area Source: Public Records
Living Area Meters: 91.51
Building Area Total: 985
Building Area Units: Square Feet
Building Area Source: Public Records
Foundation Details: Slab
Stories Total: 1
Levels: One
Around this home
Schools
Cotee River Elementary School
Public PreK-5 • Assigned • 1.1mi
4/10
Gulf Middle School
Public 6-8 • Assigned • 0.1mi
2/10
Gulf High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 108° expected this year, 28 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 • 34653
Average low and high temperatures (°F)
67
48
72
53
78
59
84
64
88
72
91
75
91
76
90
77
88
73
83
67
78
59
73
54
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in New Port Richey. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$117,000 – $142,000
Sell confidently with a local market expert in New Port Richey.