5100 South Road, New Port Richey, FL 34652

New Port Richey
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5100 South Road,New Port Richey, FL 34652
$424,900
Virtual Tour
  • 3 Beds
  • 5 Baths
  • 2,753 sq. ft.
  • Multi-family
  • Active
Listed by: susan mcgowan
Office: future home realty inc
MLS#:TB8563319
Source:MFRMLS

Price summary

  • Price:$424,900
  • Price per sq. ft.:$154.34

About this home

Expected Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $37k a year with potential to easily reach over $40k!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! Fire house next door is now completed and goes out quietly. This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new a/c units, water heaters, fully remodeled kitchens, and remodeled bathrooms, appealing to tenants, ensuring a steady cash flow and low vacancy risk. The property is situated in a highly desirable neighborhood of New Port Richey, where demand for rental units remains strong, ensuring high occupancy rates and attractive rental yields. The location is ideal, with easy access to major transportation routes, shopping centers, and other local...

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Home facts

  • Year built:1956
  • Subdivision & Development:TAMPA TARPON SPGS LAND CO
  • Listing ID #:TB8563319
  • Added:5 day(s) ago
  • Updated:November 05, 2026 at 05:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:5
  • Flooring:Ceramic Tile
  • Kitchen Description:Range, Refrigerator
  • Living area:2,753 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall/Window Unit(s)
  • Heating:Central, Ductless, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1956
  • Building area:2,753 sq. ft.
  • Lot area:0.34 Acres
  • Construction Materials:Block, Concrete, Stucco
  • Exterior Features:Lighting, Outbuildings, Private Mailbox
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Gulf High-PO
  • Middle school:Gulf Middle-PO

Utilities

  • Water:Public, Water Connected
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$424,900
  • Price per sq. ft.:$154.34
  • Tax amount:$5,858 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Range, Refrigerator, Tankless Water Heater
  • Laundry features:In Common Area, Laundry Room
  • Amenities:Built-In Features, Cable Connected, Ceiling Fans(s), Fire Hydrant, Open Floorplan, Thermostat
  • Pool features:Public Pool

Parking

  • Parking description:Assigned, Curb Parking, Guest
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