New Port Richey, FL 34652
Listing Courtesy of: STELLAR / Re/Max Marketing Specialists - Contact:  727-853-7801

   New Port Richey, FL 34652

Active (189 Days)
$3,700,000
61
BED
47
BATH
908
SQFT

Description

6.4% Cap rate with room to grow. Presenting an exceptional investment opportunity—comprising 40 UNITS (all in one complex). This unique offering includes 21 one-bedroom, one-bathroom units, 14 two-bedroom units with one bath, and 5 two-bedroom units featuring two baths. Each residence is equipped with modern amenities such as central heating and air conditioning, washer and dryer in each unit. Each condo HAS ITS OWN GARAGE.
Strategically located amidst essential amenities, residents of this community will enjoy convenient proximity to a grocery store, shopping outlets, diverse restaurants, and medical facilities. This advantageous positioning enhances the overall living experience, providing easy access to daily necessities and healthcare services.
For leisure and relaxation, the community boasts a pool and shuffleboard, offering residents delightful spaces to unwind and socialize. As an added allure, there is an enticing OPTION for residents to join the Gulf Harbors Beach Club at an annual cost of $200, providing an exclusive opportunity to savor the pristine coastal surroundings.
This 55-plus community is not merely a collection of living spaces but an embodiment of a lifestyle enriched with nearby conveniences and recreational opportunities. It presents a rare chance to invest in a community that offers both comfortable living and a thriving, active environment.

MLS #:
W7862550
Taxes
$1,172(2023)
Lot Size
981 SQFT
Type
Multifamily
Year Built
1973
County
Pasco County

Listed By

Nicholas Vavoulis, Re/Max Marketing Specialists, Contact: 727-853-7801
Source
STELLAR
Last checked Sep 8 2024 at 3:46 AM GMT+0000
Bathroom Details
Interior Features
  • Ceiling Fans(s)
  • Appliances: Dryer
  • Appliances: Refrigerator
  • Appliances: Washer
Subdivision
  • New Port Colony
Senior Community
  • Yes
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Pool Information
  • Indoor
Homeowners Association Information
  • Dues: $235/Monthly
Flooring
  • Carpet
  • Tile
  • Ceramic Tile
Exterior Features
  • Block
  • Stucco
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public, Cable Connected, Cable Available
  • Sewer: Public Sewer
Living Area
  • 908 sqft
Additional Information: Re/Max Marketing Specialists | 727-853-7801

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jul 13, 2024
Price Changed
$3,700,000
-12%
-500,000
May 23, 2024
Price Changed
$4,200,000
-2%
-100,000
Mar 02, 2024
Original Price
$4,300,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2024. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 9/7/24 20:46