$3,700,000 for Sale
street, new port richey, FL 34652
| Beds 61 | Baths 47 | 908 Sqft | 0.02 Acres |
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Property Description
6.4% Cap rate with room to grow. Presenting an exceptional investment opportunity—comprising 40 UNITS (all in one complex). This unique offering includes 21 one-bedroom, one-bathroom units, 14 two-bedroom units with one bath, and 5 two-bedroom units featuring two baths. Each residence is equipped with modern amenities such as central heating and air conditioning, washer and dryer in each unit. Each condo HAS ITS OWN GARAGE. Strategically located amidst essential amenities, residents of this community will enjoy convenient proximity to a grocery store, shopping outlets, diverse restaurants, and medical facilities. This advantageous positioning enhances the overall living experience, providing easy access to daily necessities and healthcare services. For leisure and relaxation, the community boasts a pool and shuffleboard, offering residents delightful spaces to unwind and socialize. As an added allure, there is an enticing OPTION for residents to join the Gulf Harbors Beach Club at an annual cost of $200, providing an exclusive opportunity to savor the pristine coastal surroundings. This 55-plus community is not merely a collection of living spaces but an embodiment of a lifestyle enriched with nearby conveniences and recreational opportunities. It presents a rare chance to invest in a community that offers both comfortable living and a thriving, active environment.
General Information
Sale Price: $3,700,000
Price/SqFt: $4,075
Status: Active
MLS#: W7862550
City: new port richey
Post Office: new port richey
County: Pasco
Subdivision: new port colony
Acres: 0.02
Bedrooms:61
Bathrooms:47
House Size: 908 sq.ft.
Acreage: 0.02 est.
Year Built: 1973
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Stucco
Exterior Misc: Other
Pool: Yes
Pool Description: Indoor
Basement: No
Foundation : Slab
Appliances: Dryer, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,172
HOA fees: 235
HOA fees Period: Monthly
Legal Description: NEW PORT COLONY FIFTH WAY UNREC PLAT PCL 1016 BLOCK 25 DESC AS:COM AT SE COR OF SEC TH N01DEG21'15"E 1641.91 FT TH S89DEG56' 13"W 224.57 FT TH N00DEG03' 47"W 168.65 FT FOR POB TH N89DEG38' 45"W 28 FT TH N00DEG21' 15"E 22.67 FT TH S89 DEG38' 45"E 13.3 3 FT TH N00DEG 21' 15"E 13.33 FT TH S89DEG38' 45"E 28 FT TH S00DEG21' 15"W 13.33 FT TH N89DEG38' 45"W 13.33 FT TH S00DEG21' 15"W 22.67 FT TO POB (X)
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Nicholas Vavoulis of RE/MAX MARKETING SPECIALISTS, Phone: 727-853-7801
