NEW PORT RICHEY, FL 34653 5816 CONGRESS STREET #201
$129,500
14 more
Presented By: LIFES A BEACH REAL ESTATE with 972-415-2502. - 727-202-2966
Beds • 2
Baths • 2
SQFT • 985
Home Details
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.
Presented By: LIFES A BEACH REAL ESTATE with 972-415-2502. - 727-202-2966
Interior Features for 5816 CONGRESS STREET #201
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Fireplace Y/NNo
Flooringlaminate, luxury vinyl
Heating Y/NYes
Interior Amenitiesceiling fan(s), primary bedroom main floor, thermostat
Laundry Featureselectric dryer hookup, washer hookup
Total Stories2
General for 5816 CONGRESS STREET #201
Additional Parcels Y/NNo
Appliancesconvection oven, cooktop, dishwasher, disposal, electric water heater, freezer
Assoc Fee Paid Permonthly
Association Fee Includescable tv, internet, maintenance structure, maintenance grounds, maintenance repairs, none, sewer, trash, water
Association Namequalified property management, inc.
Building Area Unitssquare feet
Carport Y/NNo
Citynew port richey
Community Featuresnone
Construction Materialsblock
Coolingcentral air
Countypasco
Directionsfrom clearwater-get on us-19 n, continue north on us-19 / alternate 19 through pinellas and into pasco county.
stay on us-19 n, then take the exit toward fl-54 / little rd / new port richey (depending
Elementary Schoolcotee river elementary-po
Facing Directionnorth
Flood Zone Codeae
Full Baths2
Garage Y/NNo
HOAYes
HOA Fee$302
HOA Monthly Maintenance
Heatingelectric
High Schoolgulf high-po
Land Lease Y/NNo
Lease Considered Y/NYes
Legal Descriptionglen crest condominium or 6742 pg 1 bldg b unit 201
Levelsone
Living Area Unitssquare feet
Lot Size Square Feet79764
Lot Size Unitsacres
MLS Area34653 - new port richey
Middle/Junior High Schoolgulf middle-po
Minimum Lease7 months
ModificationTimestamp2025-10-07t10:51:28.710z
Monthly HOA Amount302
New ConstructionYes
Occupancy Typetenant
Ownershipcondominium
Pet Size Limitsmall (16-35 lbs.)
Pets Allowedcats ok, dogs ok, number limit, size limit
Property Conditioncompleted
Property Subtypecondominium
Property Typeresidential
Roofmetal
STELLAR_InLawSuiteYNNo
Senior Community Y/NNo
Sewerpublic sewer
Standard Statusactive
Statusactive
Subdivision Nameglen crest condo
Tax Annual Amount2216.16
Tax Lot2010
Tax Year2024
Total Rooms7
Unit Number201
Utilitieselectricity connected, sewer connected, water connected
Water Access Y/NNo
Water View Y/NNo
Year Built2004
Zoningmf1
Exterior for 5816 CONGRESS STREET #201
Building Area Total985
Exterior Amenitieslighting, sidewalk
Foundation Detailsslab
Lot Size Acres1.83
Lot Size Area1.8311
Private PoolNo
Road Surface Typeasphalt
Water Sourceprivate
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Gulf High-PO
Middle School
Gulf Middle-PO
Elementary School
Cotee River Elementary-PO
Steven Silcock
Broker Owner