5816 Congress Street #102, New Port Richey, FL 34653

Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5816 Congress Street #102,New Port Richey, FL 34653
$129,500
  • 2 Beds
  • 2 Baths
  • 920 sq. ft.
  • Condominium
  • Active
Listed by:matt mayers
Office:lifes a beach real estate
MLS#:TB8435439
Source:MFRMLS

Price summary

  • Price:$129,500
  • Price per sq. ft.:$140.76
  • Monthly HOA dues:$302

About this home

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 Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. 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.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2004
  • Listing ID #:TB8435439
  • Added:1 day(s) ago
  • Updated:October 08, 2025 at 12:34 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:920 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric

Structure and exterior

  • Roof:Metal
  • Year built:2004
  • Building area:920 sq. ft.
  • Lot area:1.83 Acres

Schools

  • High school:Gulf High-PO
  • Middle school:Gulf Middle-PO
  • Elementary school:Cotee River Elementary-PO

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$129,500
  • Price per sq. ft.:$140.76
  • Tax amount:$2,030 (2024)
MLS LogoThe information being provided by My Florida Regional MLS DBA Stellar MLS. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the My Florida Regional MLS DBA Stellar MLS.. Better Homes and Gardens Real Estate Thomas Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Thomas Group, a broker participant of My Florida Regional MLS DBA Stellar MLS.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by My Florida Regional MLS DBA Stellar MLS. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 My Florida Regional MLS DBA Stellar MLS.. All rights reserved.

New listings near 5816 Congress Street #102