5048 S Road

Sold 10/9/20
Sold 10/9/20
Gallery Image 1
Last Sold Price
$295,000
2,753 sqft$107/sqft
5048 S Rd, New Port Richey, FL 34652

Description

This is your chance to Own this structurally sound 4 unit Rental Property, Fully Occupied with long term tenants on yearly leases and start generating immediate income! Conveniently located in a secluded area among mostly single family homes with easy access to Highway 19, shopping centers, Restaurants, Businesses and Downtown. Coin operated Laundry Room, plenty of parking spaces, Very low maintenance expense, over 10% cap Rate with possibility for more makes this an ideal investment. The City of...This is your chance to Own this structurally sound 4 unit Rental Property, Fully Occupied with long term tenants on yearly leases and start generating immediate income! Conveniently located in a secluded area among mostly single family homes with easy access to Highway 19, shopping centers, Restaurants, Businesses and Downtown. Coin operated Laundry Room, plenty of parking spaces, Very low maintenance expense, over 10% cap Rate with possibility for more makes this an ideal investment. The City of New Port Richey presents an excellent opportunity, with affordable home prices. Prime for individuals/ Investors looking for great deals in a community that offers culture, great shopping, beaches with a small town feel. Call today and make this yours!
LISTING CLOSED: 10/09/2020 12:00 AM

  1. Listed by Feven Abraham • Brokerage DRE #2010296 • COLDWELL BANKER RESIDENTIAL
    P: (727) 249-4522 C: (727) 249-4522 askfeven@gmail.com

Property Details for 5048 S Road

Status
Sold
MLS #
U8095360
Days on Market
12
Taxes
$2,310 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Quadruplex
Year Built
1956
Lot Size
0.34 AC / 15,000 SF
County
Pasco County
Subdivision Name
TAMPA TARPON SPGS LAND CO
Township
26
Waterfront
No
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Location

Listing Courtesy of COLDWELL BANKER RESIDENTIAL, Feven Abraham

Sold By FUTURE HOME REALTY INC, Susan McGowan

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Building Information for 5048 S Road

Stories-Residences4Year Built1956Building Size-Lot Size0.34 AC / 15,000 SF

Payment Calculator

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$1,692 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,499

Property Taxes

$193

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5048 S Road

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Building Name Number: OCEANUS APARTMENTS
  • Directions: From US 19 and Main St, go to south. South Rd is the first street on your right.
  • Elementary School: Richey Elementary-PO
  • Middle Or Junior School: Hudson Middle-PO
  • High School: Gulf High-PO
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5048
  • Street Name: South
  • Street Suffix: ROAD
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Common
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 82616
  • Tax Book Number: 1-68-70
  • Tax Legal Description: TAMPA TARPON SPRINGS LAND COMPANY PB 1 PGS 68-70 WEST 100.00 FT OF NORTH 150.00 FT OF TRACT 22 OR 7758 PG 350 OR 9318 PG 3761
  • Tax Lot: 22
  • Tax Year: 2019
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0826160010022000010
  • Total Acreage: 1/4 to less than 1/2
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R1MH
  • Living Area: 2753
Property and Assessments
  • Year Built Numeric: 1956
  • Flood Zone Code: AE
  • Flood Zone Date: 09-26-2014
  • Flood Zone Panel: 12101C0351F
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 16
  • Public Survey Section: 8
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Stucco
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Built-Up
  • Spa: No
  • Waterfront Feet Total: 0
Interior Features
  • Appliances: Microwave, Range, Refrigerator
  • Cooling: Central Air, Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Tile
  • Heating: Electric
  • Laundry Features: Outside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $8,417
  • Annual Net Income: $32,673.00
  • Gross Income: $41,090
  • Unit Count: 4
Rental
Rental Information
  • Tenant Pays: Electricity, Water
  • Minimum Lease Period: 0
  • Pets Allowed: Yes

Property History for 5048 S Road

DateEvent & SourcePriceAppreciation
Oct 9, 2020

Sold (Public Record)

Public Record #681831105

$295,000

+4.6% / yr

Oct 9, 2020

Sold

MFRMLS #U8095360

$295,000—
Sep 22, 2020

Pending

MFRMLS #U8095360

—
DateEvent & SourcePrice
10/09/2020

Sold (Public Record)

Public Record #681831105

$295,000

+4.6% / yr

10/09/2020

Sold

MFRMLS #U8095360

$295,000
09/22/2020

Pending

MFRMLS #U8095360

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5048 S Road

Taxable ValueLand$67,410Additions$260,912Total$328,322
Tax Record2025$5,704 ($475 / month)
Home Facts
Baths1Total Finished SqFt2,753 SqFtAbove Grade Finished SqFt2,753 SqFtStories1Lot Size15,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1956Year Renovated1985ZoningR1MHCountyPASCOAPN08-26-16-0010-02200-0010

Schools near 5048 S Road

This home is within Pasco.
Rating
School
Type
Grades
Distance
Richey Elementary School
Public - PK to 5
Gulf Middle School
Public - 6 to 8
Gulf High School
Public - 9 to 12
James M. Marlowe Elementary School
Public - PK to 5
Rating
School
Distance
Richey Elementary School
PublicPK to 5

Gulf Middle School
Public6 to 8

Gulf High School
Public9 to 12

James M. Marlowe Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER RESIDENTIAL, Feven Abraham

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/15/2021 03:26 PM