5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
NEW PORT RICHEY, FL 34652 · MLS# TB8370544 · Active · TAMPA TARPON SPGS LAND CO
Description of 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
PRICE IMPROVEMENT!! Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $45k a year!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! Fire house next door is now completed. This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new a/c units, water heaters, fully remodeled kitchens, and remodeled bathrooms, appealing to tenants, ensuring a steady cash flow and low vacancy risk. The property is situated in a highly desirable neighborhood of New Port Richey, where demand for rental units remains strong, ensuring high occupancy rates and attractive rental yields. The location is ideal, with easy access to major transportation routes, shopping centers, and other local amenities, making it an even more appealing option for tenants. The property is in turnkey condition, with regular maintenance and updates that minimize the need for immediate capital expenditures. With a block structure, a separate laundry building, and a newer roof (2020). This investment has a proven track record of delivering strong returns and situated in an area that shows continued growth. This multiplex offers an exceptional chance for investors seeking a stable, income-producing asset with excellent long-term appreciation potential.
Property Details for 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
- Interior Features
- Built-in Features, Ceiling Fan(s), Open Floorplan, Thermostat
- Appliances
- Electric Water Heater, Range, Refrigerator, Tankless Water Heater
- Flooring
- Ceramic Tile
- Heating
- Central, Electric, Wall Units / Window Unit
- Cooling
- Central Air, Wall/Window Unit(s)
- Furnished
- Unfurnished
- Parking Features
- Assigned, Curb Parking, Guest
- Pool Private
- No
- Property Condition
- Completed
Building Information for 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
- Building Area Units
- Square Feet
- Association
- No
- Pets Allowed
- Yes
Property Information for 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
- Lot Size Square Feet
- 15,000
- Waterfront
- No
- View
- No
- Construction Materials
- Block, Concrete, Stucco
- Roof
- Other
- Exterior Features
- Outbuilding, Lighting, Private Mailbox
- Sewer
- Septic Tank
- Water Source
- Public
- New Construction
- No
Public Records for 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
- Parcel Number
- 162608001.0022.00001.0
- Tax Annual Amount
- $5,455
- Tax Year
- 2024
- Tax Legal Description
- TAMPA TARPON SPRINGS LAND COMPANY PB 1 PGS 68-70 WEST 100.00 FT OF NORTH 150.00 FT OF TRACT 22
- Zoning
- R1MH
- County Or Parish
- Pasco
Schools Near 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
- Middle School
- Gulf Middle-PO
- High School
- Gulf High-PO
School assignments are provided by the listing and should be independently verified.
Payment Calculator
- Principal & Interest
- $2,326
- Property Taxes
- $455
- Home Insurance
- $230
Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.
Location
5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652 · See all New Port Richey homes for sale
More information about 5100 SOUTH ROAD, NEW PORT RICHEY, FL 34652
5100 SOUTH ROAD is a multi-family home for sale in NEW PORT RICHEY, FL 34652. This property was listed for sale on April 4, 2025 by FUTURE HOME REALTY INC, it's currently listed at $459,999. This listing's school district is Pasco Public Schools. Nearby schools include Gulf Middle-PO and Gulf High-PO. 5100 SOUTH ROAD is a 3-bed, 5-bath, 2,753 sqft multi-family home built in 1956.