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For sale
    • Price cut: $50 (12/8)
    $549,850

    5100 South Rd, New Pt Richey, FL 34652

    3beds
    6baths
    2,753sqft
    : 
    Multi Family
    Built in 1956
    -- sqft lot
    $-- Zestimate®
    $200/sqft
    $-- HOA

    What's special

    Block structureRemodeled bathroomsSeparate laundry buildingRemodeled kitchensNewer roofWater heaters
    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). With 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. The current owners are enjoying over a 7% Cap rate! Don't delay. Call today to set up a viewing of this fantastic investment property.
    266 days
    |
    216
    |
    12
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 08, 2025 at 02:34pm

    Listing Provided by:

    Susan McGowan 813-484-8655,

    FUTURE HOME REALTY INC 813-855-4982

    Source: Stellar MLS,MLS#: TB8370544MLS LogoOriginating MLS: Suncoast Tampa

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 6
    Heating
    • Central, Electric, Wall Units / Window Unit
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Range, Refrigerator, Tankless Water Heater
    • Laundry: Common Area, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Open Floorplan, Thermostat
    • Flooring: Ceramic Tile
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,753 sqft
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    Property

    Parking
    • Parking features: Assigned, Curb Parking, Guest
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Private Mailbox
    Lot
    • Size: 0.34 Acres
    Details
    • Additional structures: Other, Outbuilding
    • Parcel number: 162608001.0022.00001.0
    • Zoning: R1MH
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Concrete, Stucco
    • Foundation: Slab
    • Roof: Other
    Condition
    • Completed
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Fire Hydrant, Street Lights, Water Connected

    Community & HOA

    Community
    • Subdivision: TAMPA TARPON SPGS LAND CO
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: New Pt Richey

    Financial & listing details

    • Price per square foot: $200/sqft
    • Annual tax amount: $5,455
    • Date on market: 4/4/2025
    • Cumulative days on market: 267 days
    • Ownership: Fee Simple
    • Lease term: 12 Months
    • Total actual rent: 60180
    • Tenant pays: Electricity
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,919/mo

    Price history

    Price history
    DateEventPrice
    12/8/2025Price change$549,8500%$200/sqft
    Source: Stellar MLS #TB8370544 Report a problem
    11/14/2025Price change$549,900-8.2%$200/sqft
    Source: Stellar MLS #TB8370544 Report a problem
    11/6/2025Price change$598,7000%$217/sqft
    Source: Stellar MLS #TB8370544 Report a problem
    10/31/2025Price change$598,8000%$218/sqft
    Source: Stellar MLS #TB8370544 Report a problem
    10/9/2025Price change$598,9000%$218/sqft
    Source: Stellar MLS #TB8370544 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $3,610/mo
    Principal & interest
    $2625
    Property taxes
    $793
    Home insurance
    $192

      Climate risks

      Neighborhood: 34652

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Middle: Gulf Middle-PO
      • High: Gulf High-PO

      Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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