5816 CONGRESS STREET
NEW PORT RICHEY, FL, 34653
Price$123,500
Beds2
Baths2
SqFt985
Baths2
SqFt985
Status:Active
Property Type:Residential
School:
Property Type:Residential
School:
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.
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.
| Price | $123,500 | |
| Bedrooms | 2 | |
| Full Baths | 2 | |
| Half Baths | 0 | |
| Total Baths | 2 | |
| Lot Size Area | 1.8311 | |
| Lot Size Area Units | Acres | |
| Acres | 1.83 | |
| Property Type | Residential | |
| Sub type | Condominium | |
| MLS Sub type | Condominium | |
| Features | Ceiling Fan(s), Ninguno | |
| Exterior Features | Other, Sidewalk | |
| Year Built | 2004 | |
| Subdivision | GLEN CREST CONDO | |
| Roof | Metal | |
| Heating | Electric | |
| Foundation | Slab | |
| Laundry Features | Electric Dryer Hookup, Washer Hookup | |
| Association Name | Qualified Property Management, Inc. | |
| 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. |
|
| County | Pasco | |
| Latitude | 28.243636 | |
| Longitude | -82.706788 | |
| Market Area | 34653 – New Port Richey | |
| Address | 5816 CONGRESS STREET #101, NEW PORT RICHEY, FL 34653 | |
| Unit | 101 | |
| Postal Code | 34653 | |
| City | NEW PORT RICHEY | |
| State | FL | |
| Country | United States | |
| Listing Office | LIFES A BEACH REAL ESTATE | |
| Listing Office Phone | 972-415-2502 | |
| Listing Agent | Matt Mayers | |
| Listing Agent Phone | 727-678-1074 | |
| Special listing conditions | None | |
| Ownership | Condominium | |
| Elementary School | Cotee River Elementary-PO | |
| Middle School | Gulf Middle-PO | |
| High School | Gulf High-PO | |
| Days on market | 151 | |
| MLS Status | Active | |
| Listing Date | Oct 6, 2025 | |
| Listing Last Modified | Mar 6, 2026 | |
| Tax ID | 162609022.000B.00101.0 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 2216 | |
| MLS Area | 34653 – New Port Richey | |
| MLS # | TB8435029 | |
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