5100 South Road
New Port Richey, FL 34652
3
Bed
5
Bath
2,753Sqft
0.34Acre(Lot)
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 occ
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedroom: 3Bathroom Information
Total Baths: 5Interior Features
Built-in Features, Ceiling Fans(s), Open Floorplan, Thermostat Roof: Other Appliances: Electric Water Heater, Range, Refrigerator, Tankless Water Heater Laundry Features: Common Area, Laundry RoomRoofing Information
Other -
Flooring Information
Flooring: Ceramic Tile Construction Materials: Block, Concrete, Stucco -
Heating & Cooling
Heating: Central, Electric, Ductless Cooling: Central Air, Wall/Window Unit(s) WaterSource: Public
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Building Information
Year Built: 1956 -
Exterior Features
Outbuildings, Lighting, Private Mailbox Construction Materials: Block, Concrete, Stucco Foundation Details: Slab Road Responsibility: Public Maintained Road
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Lot Information
Lot Square Feet: 15000 Lot Acres: 0.34 Lot Size (SqMt): 1394Property Information
Property Type: Residential Income Sub Type: Multi-Family 5+
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Listing Price Information
Original List Price:$675000
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Tax Information
Tax Block: 82616 Tax Book Number: 1-68-70 Tax Lot: 22 Tax Legal Description: TAMPA TARPON SPRINGS LAND COMPANY PB 1 PGS 68-70 WEST 100.00 FT OF NORTH 150.00 FT OF TRACT 22 Annual Tax: $5455 Tax Year: 2024 Parcel Number: 16-26-08-001.0-022.00-001.0
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Virtual Tour
Parking Information
Assigned, Curb Parking, Guest
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School Information
Junior High School: Gulf Middle-PO Senior High School: Gulf High-PO -
Utility Information
Cable Connected, Electricity Connected, Fire Hydrant, Water Connected Sewer: Septic Tank Water Source: Public -
Location Information
Subdivision: TAMPA TARPON SPGS LAND CO City: NEW PORT RICHEY Direction: US Hwy 19 to East on South Rd.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3606 Cockatoo Drive, New Port Richey, FL, 34652 | $299,900 | 2 | 2 | 1,388 | 1,388 SqFt |
| 4228 Athens Avenue, New Port Richey, FL, 34652 | $115,000 | 2 | 1 | 672 | 672 SqFt |
| 4934 Daphne Street, New Port Richey, FL, 34652 | $315,000 | 3 | 3 | 1,873 | 1,873 SqFt |
| 6013 Madison Street, New Port Richey, FL, 34652 | $420,000 | 3 | 2 | 1,692 | 1,692 SqFt |
| 5814 Liddell Drive, New Port Richey, FL, 34652 | $239,900 | 2 | 2 | 1,310 | 1,310 SqFt |
| 5829 Sunshine Park Drive, New Port Richey, FL, 34652 | $65,000 | 2 | 2 | 864 | 864 SqFt |
| 5904 Elm Street, New Port Richey, FL, 34652 | $234,999 | 2 | 1 | 802 | 802 SqFt |
| 5609 Executive Drive, New Port Richey, FL, 34652 | $675,000 | 5 | 3 | 2,692 | 2,692 SqFt |
| 5828 1st Avenue, New Port Richey, FL, 34652 | $295,000 | 2 | 2 | 1,088 | 1,088 SqFt |
| 5817 10th Avenue, New Port Richey, FL, 34652 | $283,000 | 3 | 2 | 1,318 | 1,318 SqFt |
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ByOwner last updated this listing 06/22/2026 @ 18:20
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