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5816 CONGRESS ST #201,  NEW PORT RICHEY, FL 34653

MLS# TB8434394.  2 beds.  2.0 baths.  Condo.  Active

$302.00 Monthly Fees.  $2,216 in taxes (2024)

$123,500

 

Remarks:

Under contract-accepting backup offers. 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.

Quick Info:

  • Listing is courtesy Of: LIFES A BEACH REAL ESTATE ((972-415-2502))
  • Listing Agent: Matt Mayers ((727-678-1074))
  • Days on yellowkey: 227
  • Property Type: Condo
  • Beds: 2
  • Baths: 2.0
  • Living Area Square Feet: 985
  • Built 2004
  • Taxes: $2,216 (2024)
  • 3 Days off yellowkey (back on 5/5/2026 )
  • Garage Spaces: ()
  • Square Feet: 985
  • Fees: $302 Monthly
  • Pasco County
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  • Occupancy Information: Tenant
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  • Subdivision Name: GLEN CREST CONDO
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History:

DateListing TypeDays on yellowkeyMLS#EventPrice% Chg$/sqftSource
5/5/2026Sale211TB8434394Back on yellowkey$123,500-125.3807MLS
10/6/2025Sale0TB8434394listed for sale$129,500-125.3807MLS




Data is updated at least once a week by Sunday nights. Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. Data can be retrieved from any one of the following MLS’s: Greater Fort Lauderdale REALTORS®, Space Coast Association of REALTORS®, My Florida Regional MLS, Florida Gulf Coast MLS, "©2024 Northeast Florida Multiple Listing Service, Inc. All rights reserved." The properties displayed may not be all of the properties in the MLS’s database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker’s logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors® and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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