LKV Realty
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$459,999
$2,400Reward *
5100 SOUTH Road, New Port Richey, FL 34652Listing ID TB8370544

5100 SOUTH Road, New Port Richey, FL 34652

Active
TAMPA TARPON SPGS LAND CO
Time on site: 501 daysLast updated: Jul 26, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
5
Square Feet
Square Feet
2,753
Acres
Acres
0.34
Days on Site
Days on Site
501
Cooling
Cooling
Central Air, Wall/Window Unit(s), Ceiling Fan(s)
Heating
Heating
Central, Electric, Window Unit, Wall Furnace
Year Built
Year Built
1956
Stories
Stories
1
Parking
Parking
Assigned, Guest

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 Information

Property Details

Location

Address
5100 SOUTH Road
County
Pasco
City
New Port Richey
Zip Code
34652
Subdivision
TAMPA TARPON SPGS LAND CO
High School
Gulf High-PO
MLS Area
34652 - New Port Richey

Interior Features

Beds and Baths

Bedrooms
3

Building

Building Information

Square Feet
2,753
Year Built
1956
Stories
1
Construction
Block, Concrete, Stucco
Foundation
Slab
Roof
Other
Condition
New Construction

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,455
Tax Year
2024
FUTURE HOME REALTY INC, (813) 855-4982

Market Report for 34652

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Stellar MLS
Stellar MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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