5816 CONGRESS, NEW PORT RICHEY, FL 34653
$123,500 Was $129,000
Beds: 2
Baths: 2 Full
Sq. Ft.: 985 Sq. Ft.
Year Built: 2004
Lot Size: 1.83 Acres
Garage: N/A
Pool: No
DOM: 151
Property Overview
Status: Active
Property Type: Residential
MLS #: 4bc5cb34005b67ad0232b94ce44d390e
Subdivision: GLEN CREST CONDO
County: Pasco
HOA Fee: $302 (Monthly)
Year Built: 2004
Construction: Block
Foundation: Slab
Roof: Metal
Cooling: Central Air
Heating: Electric
Sewer: Public Sewer
Water Source: Private
Zoning: MF1
Tax Amount: $2,216.16 (2024)
Listed On: Oct 3, 2025
Description
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.
Exterior Features
Lighting, Sidewalk
Directions
From Clearwater-Get on US-19 N, Continue north on US-19 / Alternate 19 through Pinellas and into Pasco County. Stay on US-19 N, then take the exit toward FL-54 / Little Rd / New Port Richey (depending on exact intersection). Turn onto FL-54 W (or Little Rd, then west) heading toward the interior of New Port Richey. From FL-54 or the local road you’re on, turn onto Congress St (or the local street system) and follow until you reach 5816 Congress St.From Tampa ? 5816 Congress St, New Port Richey, head west toward I-275 W (or appropriate highway connecting toward Pinellas). Take I-275 W across Tampa Bay via the Courtney Campbell Causeway into Pinellas County. Continue west/north as needed to connect with US-19 N / Alternate 19 N or a suitable highway that heads north through Pinellas into Pasco. Once in Pasco County, follow US-19 N / Alternate 19 N north and then take the FL-54 / Little Rd exit toward New Port Richey Navigate via local roads to Congress St, then to 5816 Congress St.
School Information
Elementary: Cotee River Elementary-PO
Middle: Gulf Middle-PO
High: Gulf High-PO
Location
Get Directions View on Google MapsMortgage Estimator
*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.
Listing Information
Provided Courtesy of:
LIFES A BEACH REAL ESTATE
Listing Agent: Matt Mayers
Information is deemed reliable but not guaranteed. Information 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.
Data last updated: April 15, 2026, 12:16 am UTC
MLS Source: Stellar MLS Copyright © 2026
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