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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.
| DAYS ON MARKET | 62 | LAST UPDATED | 10/6/2025 |
|---|---|---|---|
| TRACT | GLEN CREST CONDO | YEAR BUILT | 2004 |
| COMMUNITY | 34653 - New Port Richey | COUNTY | Pasco |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Cotee River Elementary-PO |
|---|---|
| Jr. High School | Gulf Middle-PO |
| High School | Gulf High-PO |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water |
| APPLIANCES | Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Refrigerator |
| AREA | 34653 - New Port Richey |
| CONSTRUCTION | Block |
| EXTERIOR | Other |
| HEAT | Electric |
| LOT | 1.83 acre(s) |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | GLEN CREST CONDO |
| TAXES | 2216.16 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Matt Mayers, LIFES A BEACH REAL ESTATE, 727-202-2966
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 12/7/25 7:50 AM PST.
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