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  1. Home
  2. /New Port Richey, FL
  3. /5816 Congress St
  4. /101 - 5816 CONGRESS STREET
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$123,500est. $624 MortgageInfo icon
Date Listed : Oct 6, 2025 Days on HelloCondo: 234

101- 5816 CONGRESS STREET, NEW PORT RICHEY, FL 34653

5816 Congress St

BEDS

beds

2

BATHS

baths

2

PARKING

parking

-

SQFT

sqft
985

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.

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.
listing image
listing image 2
listing image 3
101 - 5816 Congress St
$123,500
est. $624.48 MortgageInfo icon
Date Listed : Oct 6, 2025
Days on HelloCondo: 234

101 - 5816 Congress St

5816 CONGRESS STREET #101, NEW PORT RICHEY, FL 34653

BEDS

2

BATHS

2

PARKING

-

SQFT

985

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.

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.

5816 Congress St Market Stats Last 12 months

LOCKER
Contact Us for Info
POSSESSION
Contact Us for Info
HOA FEESinfo
$3,624 /Monthly
OUTDOOR SPACE
Other, Sidew
TAXES
$2,216.16 (2024)
BUILDING AGE
22 Years
BASEMENT FEATURE
Contact Us for Info
PRICE PER SQFTinfo
$125

Market Stats

HOA FEESinfo
$3,624 /Monthly
OUTDOOR SPACE
Other, Sidew
TAXES
$2,216.16 (2024)
BUILDING AGE
22 Years
BASEMENT FEATURE
Contact Us for Info
PRICE PER SQFTinfo
$125

Amenities

Parking
Parking
-
Locker
Locker
Concierge
Concierge
-
Elevator(s)
Elevator(s)
-
Central AC
Central AC
Check Icon
Pool
Pool
-
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
-

Amenities

Unit
Building

Policies

Pet Allowed
Check
Pet Allowed Info icon
Check Icon
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Unit Price History

DateMLSStatusPrice
May 2016MLS#: U7774282Closed$28,000
Mar 2009MLS#: W7392018Closed$32,100

Unit Price History

$28,000

Closed

May 2016MLS#: U7774282

$32,100

Closed

Mar 2009MLS#: W7392018

Monthly Payment Calculator

$4,473 / Monthly

All calculations are estimates and provided by HelloCondo.com
for informational purposes only. Actual amounts may vary.

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$4,473
Est.
Listing Price
Down Payment
Interest Rate
Terms
Listing Price
Down Payment
Interest Rate
Terms

Monthly Payment Calculator

$4,473
Est.
Listing Price
Down Payment
Interest Rate
Terms
Listing Price
Down Payment
Interest Rate
Terms
$4,473 / Monthly

All calculations are estimates and provided by HelloCondo.com for informational purposes only. Actual amounts may vary.

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Monthly Payment Calculator

Mortgage calculator

Monthly Mortgage: $624
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The Neighborhood: 5816 Congress St, NEW PORT RICHEY, FL

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  1. Home
  2. /New Port Richey, FL
  3. /5816 Congress St
  4. /101 - 5816 CONGRESS STREET
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