5100 SOUTH RD, New Port Richey, FL 34652
5100 SOUTH RD, New Port Richey, FL 34652
5100 SOUTH RD, New Port Richey, FL 34652
5100 SOUTH RD, New Port Richey, FL 34652
5100 SOUTH RD, New Port Richey, FL 34652
5100 SOUTH RD, New Port Richey, FL 34652
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Angie Gooden

Angie Gooden

+1(843) 576-9551
$ 449,950
Est. payment | /mo

3 Beds

5 Baths

2,753 SqFt

Save Virtual Tour
$ 449,950
Est. payment | /mo
Save Virtual Tour

3 Beds

5 Baths

2,753 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 2,753 sqft

Price per Sqft $163

Subdivision Tampa Tarpon Spgs Land Co

MLS Listing ID TB8370544

Bedrooms 3

Construction Status Completed

HOA Y/N No

Year Built 1956

Annual Tax Amount $5,455

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi-Family 5+

Source Stellar MLS

Property Description

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.

Location

State FL

County Pasco

Community Tampa Tarpon Spgs Land Co

Area 34652 - New Port Richey

Zoning R1MH

Interior

Interior Features Built-in Features, Ceiling Fans(s), Open Floorplan, Thermostat

Heating Central, Electric, Ductless

Cooling Central Air, Wall/Window Unit(s)

Flooring Ceramic Tile

Furnishings Unfurnished

Fireplace false

Appliance Electric Water Heater, Range, Refrigerator, Tankless Water Heater

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Outbuildings, Lighting, Private Mailbox

Parking Features Assigned, Curb Parking, Guest

Community Features Street Lights

Utilities Available Cable Connected, Electricity Connected, Fire Hydrant, Water Connected

View Y/N No

Water Access No

Roof Type Other

Garage false

Private Pool No

Building

Entry Level One

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Completed

Schools

Middle Schools Gulf Middle-Po

High Schools Gulf High-Po

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8370544

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Susan McGowan FUTURE HOME REALTY INC

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5100 SOUTH RD

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Angie was absolutely amazing throughout our home-buying journey. From day one, she took the time to explain every step of the process and made sure both Jeffrey and I understood what was happening and what our options were. As first-time buyers, that guidance meant so much to us. Her communication was excellent and she was always available to answer questions, kept us informed, and made sure nothing fell through the cracks. Angie was also a fantastic negotiator. She successfully negotiated seller-paid closing costs and helped ensure that the repairs we requested were addressed, saving us both money and stress. What stood out most was how confident she made us feel throughout the entire process. She never pressured us and always took the time to help us make informed decisions that were right for our family. We truly felt like she was advocating for us every step of the way. We couldn’t have asked for a better Realtor and are so grateful for everything Angie did to help us get into our new home. We highly recommend her to anyone looking for a knowledgeable, responsive, and caring real estate professional!

Chelsea Williams

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Angie Gooden

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+1(843) 576-9551 | agoodenrealtor@gmail.com

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