by RH Advisors

Check Availability
$359,000
Multifamily - For Sale

5826 - 5828 Gulf DRIVE

NEW PORT RICHEY, FL 34652
bedrooms
6 Beds
bathrooms
2 Baths
square feet
1584 Sqft
$2,141
Estimated Monthly
$0
HOA / Fees
9.43%
Cap Rate

About This Property

Lucky you - the Buyer changed their mind, so back on market and you can take advantage of this great investment opportunity.  Well maintained duplex in a no flood zone in the heart of New Port Richey.  Just a short hop to downtown, restaurants, shopping, parks, and near the river.  This location attracts quality tenants.  Both 3  Bedroom units are occupied with well vetted and dependable tenants.  Front unit lease expires 6/30/24, rear unit lease expires 8/31/24.  The front unit has more recent updates and includes a built-in microwave and dishwasher.  Both units are clean and tidy with the kitchens open to the Living Room.  Shared parking in the front is adequate for multiple vehicles per unit.  The property sides are fenced for privacy, but the back yard is open.  There is considerable area in the rear of the property, and Property Appraiser records seem to indicate that the property is zoned for up to 4 units (Buyer to assess to their satisfaction prior to purchase).  There are very few duplexes available in this area – call today to make this one yours.
Unit Size
1,584Ft²
Days on Market
20 days
Land Size
0.15 acres
Price per sqft
$227
Property Type
Multifamily
Property Taxes
$378
HOA Dues
-
Year Built
1985
Listed By
Andy Schramek
Keller Williams - Clearwater
Last updated: 11 days ago (Stellar MLS #U8238586)

Price History

Date / Event Date Event Price
Apr 25, 2024 Relisted $359,000
Relisted
Apr 18, 2024 In contract -
In contract
Apr 15, 2024 Listed by RE/MAX ACTION FIRST OF FLORIDA $359,000
Listed by RE/MAX ACTION FIRST OF FLORIDA

Property Highlights

Air Conditioning
Interior Details

Interior Information

Interior Features: Open Floorplan, Window Treatments
Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Range
Flooring Type: Ceramic Tile
Laundry Features: None
Exterior Details

Property Information

Square Footage: 1584
Square Footage Source: $0
Property Condition: Completed
Year Built: 1985

Building Information

Building Area Total: 1776
Levels: One
Window Features: Blinds
Construction Materials: Block

Lot Information

Lot Size Area: 6700
Lot Size Units: Square Feet
Lot Size Acres: 0.15
Lot Size Square Feet: 6700
Tax Lot: 7

Land Information

Water Source: Public

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
2 Baths
1,786 ft²
$191/ft²
$340,500 Oct 31, 2023
$340,500 Dec 30, 2023
$184/mo
Multifamily
Stu
-
1,508 ft²
$211/ft²
$317,500 Sep 27, 2023
$317,500 Dec 7, 2023
$281/mo
House
4 Beds
2 Baths
1,572 ft²
$219/ft²
$345,000 Apr 6, 2023
$345,000 May 26, 2023
$396/mo
House
4 Beds
2 Baths
1,572 ft²
$223/ft²
$350,000 Jan 15, 2022
$350,000 Mar 30, 2022
$318/mo
House
3 Beds
2 Baths
1,570 ft²
$242/ft²
$380,000 May 11, 2023
$380,000 Jun 9, 2023
$120/mo
House
4 Beds
2 Baths
1,572 ft²
$208/ft²
$327,000 Apr 18, 2023
$327,000 Jun 9, 2023
$235/mo
Multifamily
6 Beds
-
1,584 ft²
$227/ft²
$359,000 Mar 20, 2024
-
$378/mo
Multifamily
2 Beds
2 Baths
1,328 ft²
$233/ft²
$310,000 Mar 21, 2024
-
$407/mo
Multifamily
Stu
-
1,540 ft²
$191/ft²
$294,900 Jan 8, 2024
-
$196/mo
Townhouse
2 Beds
3 Baths
1,542 ft²
$208/ft²
$319,999 Feb 2, 2024
-
$524/mo
House
3 Beds
2 Baths
1,583 ft²
$208/ft²
$330,000 Mar 21, 2024
-
$459/mo
Townhouse
2 Beds
3 Baths
1,542 ft²
$213/ft²
$329,000 Nov 21, 2023
-
$600/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180912
09/12/2018
Studio
-
1584 ft²
-
bedrooms
Studio
bathrooms
-
square feet
1584 ft²
-
-
-
-

Building Info

5826 Gulf Drive 5826 Gulf Drive, New Port Richey, FL 34652
  • 2 Units for Sale
More about this Building
5826 Gulf Drive
Want to find out who owns 5826 Gulf Drive, New Port Richey, FL 34652? Get detailed property transactions here .

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