
5816 CONGRESS ST #201
2, 2, 985ft²
MLS#: TB8434394
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.
Driving 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.
Rooms | Dimension | Description |
---|---|---|
Primary Bedroom | 12x12 | First level , Laminate , Ceiling Fan(s) |
Primary Bathroom | 6x8 | First level , Laminate |
Bedroom 2 | 12x12 | First level , Laminate , Ceiling Fan(s) |
Living Room | 12x14 | First level , Laminate , Ceiling Fan(s) |
Family Room | 12x14 | First level , Laminate |
Kitchen | 8x10 | First level , Laminate |
2, 2, 985ft²
MLS#: TB8434394
2, 2, 1,024ft²
MLS#: W7876605
2, 2, 1,024ft²
MLS#: W7872569
2, 2, 1,025ft²
MLS#: TB8345097