Residential Property - Condominium in New Port Richey
Listing Price: $129,500 (Mortgage Calculator →)
Description of Property
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.
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 920
Garage: No
Carport: No
Parking Features:
Spa Features:
Water Frontage:
Water Features:
Water Access:
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Condominium
City: New Port Richey
County: Pasco
Subdivision: Glen Crest Condo
Bedrooms: 2
Bathrooms: 2
Sq. Ft. Gross: 920
Sq. Ft. Living Area: 920
Cost per (heated) sqare foot: $141
Year built: 2004
Annual Tax: $2,030
Condo Fee: $302 Monthly
HOA Fee: $302 Monthly
Taxes and fees can change periodically, and other fees may apply. Please check with your Suncoasteam agent for more details.
- Water
Appliances: Refrigerator
Flooring: Laminate
Schools
Elementary School: Cotee River Elementary-PO
Middle/Junior High School: Gulf Middle-PO
High School: Gulf High-PO
Pool & Waterfront Info
Private Pool: Not specified
Exterior & Construction
Construction: Block
Foundation: Slab
Roof: Metal
Exterior Features: Sidewalk
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Electric:
Patio & Porch Features:
Security Features:
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features: None
Lot Information
Lot Size (acres): 1.83
Lot Size (sq. ft.): 79,764 square feet
Front Exposure: North
Legal Description & Other Information
Financing Available: Cash
Parcel Number: 162609022.000B.00102.0
Zoning: MF1
Pets Allowed/Pet Policies: Size Limit
Tax Legal Desc.: GLEN CREST CONDOMINIUM OR 6742 PG 1 BLDG B UNIT 102
Section: 9
Range: 16E
Listing courtesy of LIFES A BEACH REAL ESTATE. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.