$549,900
●
House -
Off Market
5417 Quist DRIVE
PORT RICHEY, FL 34668
3 Beds
2 Baths
1,422 Ft²
$554,163
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Welcome to this beautifully updated waterfront pool home with
direct Gulf access. This property is zoned for short-term rental
which provides excellent income opportunities and would also make a
great primary or vacation home. Located in a highly desirable
waterfront community with no bridges, this home provides easy
boating access to waterfront dining, shops, nightlife, and some of
Florida's best beaches. As you come inside through the double door
entry you feel like you've entered a tropical oasis with 180° views
of your private pool, expansive deck, and a deep saltwater canal.
This area provides an ideal entertainment space and still has room
for a Jacuzzi, tiki bar, outdoor shower, or just about anything
else you may want to add. Inside, the open floor plan offers an
abundance of natural light and features new flooring, spacious
bedrooms, a new bathroom, plenty of storage, and indoor laundry.
The new vibrant paint and tasteful coastal furniture add the
perfect finishing touch. Come live the Florida lifestyle with your
own slice of paradise. Watch the manatees and otters play in your
backyard, catch fish for the grill from your dock, take a cruise
via kayak or paddleboard through the protected Gulf Coast waters or
take a golf cart ride to local restaurants all while enjoying
captivating sunsets every evening. The opportunities for this
property are endless! Other upgrades include a new seawall,
composite dock, newer roof, water heater, and windows. Surrounded
by multimillion-dollar homes, this is one of the last few
affordable waterfront properties in the Tampa Bay area. With easy
access to Tampa International Airport, US 19, and the Suncoast
Parkway, this centrally located property won't last long! All
furnishings are negotiable.
Unit Size
1,422 Ft²
Days on Market
167 days
Land Size
0.17 acres
Price per sqft
$387
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1972
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Stellar MLS #U8184248)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | Listed by ENGEL & VOLKERS BELLEAIR | $549,900 | |
| Listed by ENGEL & VOLKERS BELLEAIR | |||
| Oct 27, 2022 | No longer available | - | |
| No longer available | |||
| Sep 21, 2022 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 25, 2022 | Listed by KELLER WILLIAMS REALTY | $585,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
| | |||
|
NEW PRICE! Come live the Florida dream in this beautifully maintained waterfront pool home just minutes to the Gulf of Mexico. This fully furnished, turnkey property has been a very successful short term rental for the past 5 years. No short term rental restrictions in Port Richey! Whether you want it for a primary home or vacation rental, this is a terrific investment in waterfront property that is becoming more expensive and hard to find. With your own private dock, this is a boaters paradise. Spend a day at Anclote Key, an unobstructed boat ride with no bridges, just minutes away where you'll feel like you're in the Carribean. Head up the Cotee River to waterfront restaurants or continue on to New Port Richey where you'll find more great food and vibrant nightlife. Go for a short walk or take your golf cart for some local seafood at nearby establishments such as Hooters, Whiskey Joe's or Gill Dawgs. It doesn't get any better than this with the many natural Florida features surrounding this home. Werner-Boyce Salt Springs, numerous waterfront parks, playgrounds, fishing, scalloping, kayaking, you name it. Or relax at home in your screened in pool looking over the water and enjoy the otters, ospreys and manatees. As you enter the home through the double front doors you'll enjoy an open floor plan with views out to the pool and water with plenty of room for entertaining a crowd. The master bedroom has views to the water and pool access through its own sliding glass doors. The kitchen features tile countertops with lots of counter space and cabinets and a breakfast bar. This home was updated in 2017 with new paint inside and out, new double pane windows and blinds, main bath remodel, and a new seawall! New water heater in 2019. The roof was resurfaced in 2020. New flooring and landscaping in 2022. Close to the Suncoast Parkway making Tampa and the airport an easy drive. No deed restrictions, HOA or CDD fees. This home and location has it all! Schedule your tour today! The manager has listed the unit size as 1422 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Marthas Vineyard
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Listed by: Chris Stivers
ENGEL & VOLKERS BELLEAIR
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8184248
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
ENGEL & VOLKERS BELLEAIR
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8184248
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017