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… Read More 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. 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
TB8434394
Source: Home Junction
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer
Building
Built in 2004, Living area: 985, Living area units: Square Feet, Building faces North, 2 stories, Levels: One, Construction Materials: Block
Community
None
Cooling
Central Air
Exterior Features
Lighting, Sidewalk
Floors
Laminate, Luxury Vinyl
Foundation
Slab
Heating
Electric
Home Owner's Association
Association Fee: $302, Fee Frequency: Monthly, Fee Includes: Cable TV, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, None, Sewer, Trash, Water
Interior Features
Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
Laundry
Electric Dryer Hookup, Washer Hookup
Lot
1.83 acres
Pets Policy
Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
Property
Completed
Roof
Metal
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 16-26-09-022.0-00B.00-201.0, Public Survey Range: 16E, Public Survey Section: 9, Annual Amount: $2,216.16, Tax Block: 00B00, Tax Book Number: 6742-1, Legal Description: GLEN CREST CONDOMINIUM OR 6742 PG 1 BLDG B UNIT 201, Lot: 2010, Year: 2024, Zoning: MF1
Utilities
Electricity Connected, Sewer Connected, Water Connected, Water Source: Private
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