BEDS2
BATHS2 full
SQUARE FEET985
MLS#TB8434394
STATUSPending
PROPERTY TYPEResidential - Condominium
SUBDIVISIONGLEN CREST CONDO
Property Description
Under contract-accepting backup offers. 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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Electric
Lot Size: 1.83 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $2,216
Year Built: 2004
Amenities
Ceiling Fans(s)
Primary Bedroom Main Floor
Thermostat
Lighting
Sidewalk
Feature Descriptions
Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer
Community Features: None
Days on Site: 221
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,
Exterior: Block
Flood Zone Code: AE
Flooring: Laminate, Luxury Vinyl
Foundation: Slab
HOA Fee: 302/ Monthly
HOA Y/N: Yes
Home Warranty Y/N: No
Lot Dimensions: 1.83
Number of Pets: 2
Ownership: Condominium
Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Pets Restrictions: With a fish exception, a unit owner may keep a maximum of 2 pets. Pets shall be defined as a dog, cat, bird, or fish. Max Pet Weight 25 Lbs.
Pets Size: Small (16-35 Lbs.)
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks
Special Sale Provisions: None
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Private
Water Access Y/N: No
Zoning: MF1
Room Sizes
Primary Bedroom: 12x12
Primary Bathroom: 6x8
Bathroom 2: 6x8
Living Room: 12x14
Kitchen: 8x10
Bedroom 2: 12x12
Family Room: 12x14
Local Schools
High School: Gulf High-PO
Middle School: Gulf Middle-PO
Elementary School: Cotee River Elementary-PO
Listed By / Shown By
Listed By
Agency Name: LIFES A BEACH REAL ESTATE
Agency Contact: 727-202-2966
Shown By
Agent Name: Debbie Cage-Conkling
Agent Phone: Cell: (402) 212-1457
Agency Title: Adams Cameron & Co. REALTORS
Estimate Your Payment
Estimated Payment
$ 878.01 per month $657.32 Principal & Interest $184.67 Property Tax $36.02 Homeowner's Insurance
5816 Congress Street, Unit 201 | MLS# TB8434394
This condo located at 5816 Congress Street, Unit 201, New Port Richey, FL 34653 is currently listed for sale with an asking price of $123,500. This property was built in 2004 and has 2 bedrooms and 2 full baths with 985 sq. ft. Congress Street, Unit 201 is located in the GLEN CREST CONDO subdivision. Search GLEN CREST CONDO real estate on debbiecage-conkling.adamscameron.com today.