$117,500
$123,500
4.9%For more information regarding the value of a property, please contact us for a free consultation.
5816 CONGRESS ST #201 New Port Richey, FL 34653
2 Beds
2 Baths
985 SqFt
Key Details
Sold Price $117,500
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 985 sqft
Price per Sqft $119
Subdivision Glen Crest Condo
MLS Listing ID TB8434394
Sold Date 05/25/26
Bedrooms 2
Full Baths 2
Construction Status Completed
HOA Fees $302/mo
HOA Y/N Yes
Annual Recurring Fee 3624.0
Year Built 2004
Annual Tax Amount $2,216
Lot Size 1.830 Acres
Acres 1.83
Property Sub-Type Condominium
Source Stellar MLS
Property Description
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.
Location
State FL
County Pasco
Community Glen Crest Condo
Area 34653 - New Port Richey
Zoning MF1
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
Heating Electric
Cooling Central Air
Flooring Laminate, Luxury Vinyl
Fireplace false
Appliance Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Lighting, Sidewalk
Community Features None
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Garage false
Private Pool No
Building
Story 2
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Private
Unit Floor 2
Structure Type Block
New Construction false
Construction Status Completed
Schools
Elementary Schools Cotee River Elementary-Po
Middle Schools Gulf Middle-Po
High Schools Gulf High-Po
Others
Pets Allowed Cats OK, Dogs OK, Number Limit, Size Limit
HOA Fee Include Cable TV,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,None,Sewer,Trash,Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $302
Membership Fee Required Required
Num of Pet 2
Special Listing Condition None
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© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Lori Brennan EZ HOME CHOICE LLC
