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… Read More 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. Read Less
Courtesy of LIFES A BEACH REAL ESTATE 972-415-2502
Listing Snapshot
Days Online
1
Last Updated
Property Type
Condominium
Beds
2
Full Baths
2
Square Ft.
985
Lot Size
1.83 Acres
Year Built
2004
MLS Number
TB8435029
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Refrigerator
Building
Built in 2004, Living area: 985, Living area units: Square Feet, Building faces North, 1 storey, Levels: One, Construction Materials: Block
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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