5100 South Road New Port Richey, FL 34652
For Sale MLS# TB8370544
Other
Details for 5100 South Road
MLS# TB8370544
Description for 5100 South Road, New Port Richey, FL, 34652
PRICE IMPROVED!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! 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 nice Cap rate! Don't delay. Call today to set up a viewing of this fantastic investment property.
Listing Information
Property Type: Residential Income
Status: Active
Bedrooms: 3
Bathrooms: 5
Lot Size: 0.34 Acres
Square Feet: 2,753 sq ft
Year Built: 1956
Stories: 1 Story
Construction: Block,Concrete,Stucco
Construction Display: New Construction
Subdivision: Tampa Tarpon Spgs Land Co
Foundation: Slab
Number Of Units Total: 5
County: Pasco
Construction Status: New Construction
School Information
Middle: Gulf Middle-Po
High: Gulf High-Po
Additonal Room Information
Laundry: Common Area, Laundry Room
Interior Features
Appliances: Tankless Water Heater, Electric Water Heater, Range, Refrigerator
Flooring: Ceramic Tile
Additional Interior Features: Open Floorplan, Ceiling Fan(s), Built-in Features
Utilities
Water: Public
Sewer: Septic Tank
Other Utilities: Cable Connected,Electricity Connected,Water Connected
Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
Heating: Window Unit, Wall Furnace, Central, Electric
Exterior / Lot Features
Parking Description: Guest, Assigned
Roof: Other
Additional Exterior/Lot Features: Lighting, Out Building(s)
Out Buildings: Other, Outbuilding
Community Features
Community Features: Street Lights
Security Features: Fire Hydrant(s)
Driving Directions
US Hwy 19 to East on South Rd.
Financial Considerations
Tenant Pays: Electricity
Gross Income: 60600
Tax/Property ID: 16-26-08-001.0-022.00-001.0
Tax Amount: 5455
Tax Year: 2024
A broker reciprocity listing courtesy: FUTURE HOME REALTY INC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 5100 South Road
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5100 South Road
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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