About 5816 Congress Street 201
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.
Features of 5816 Congress Street 201
| MLS® # | TB8434394 |
|---|---|
| Price | $129,500 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 985 |
| Acres | 1.83 |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 5816 Congress Street 201 |
|---|---|
| Area | New Port Richey |
| Subdivision | GLEN CREST CONDO |
| City | NEW PORT RICHEY |
| County | Pasco |
| State | FL |
| Zip Code | 34653-4308 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Primary Bedroom Main Floor, Thermostat |
|---|---|
| Appliances | Convection Oven, Cooktop, Dishwasher, Disposal, Electric Water Heater, Freezer |
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Lighting, Sidewalk |
|---|---|
| Roof | Metal |
| Foundation | Slab |
School Information
| Elementary | Cotee River Elementary-PO |
|---|---|
| Middle | Gulf Middle-PO |
| High | Gulf High-PO |
Additional Information
| Date Listed | October 6th, 2025 |
|---|---|
| Days on Market | 1 |
| Zoning | MF1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | LIFES A BEACH REAL ESTATE |
|---|