2
Baths
1,584 Sq. Ft.
$227 / Sq. Ft.
1,584
Sq. Ft.
$227
per Sq. Ft.

Description

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...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.
  1. Listed by Andy Schramek • Brokerage DRE #1046989 • RE/MAX ACTION FIRST OF FLORIDA
    P: (727)-619-4329 AndrewSchramek@remax.net

Property Details for 5826 Gulf Drive

Subdivision Name
C E CRAFTS SUB 4
Township
26S
Waterfront
No
Furnished
Unfurnished
LISTING CLOSED: 05/31/2024 12:00 AM

Property Details for 5826 Gulf Drive

StatusSold
MLS #U8238586
Days on Market13
Taxes$4,533 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1985
Lot Size0.15 AC / 6,700 SF
CountyPasco County

Location

Listing Courtesy of RE/MAX ACTION FIRST OF FLORIDA, Andy Schramek

Sold By BEST OF THE GULF REALTY INC, LORI Smith, PA

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Building Information for 5826 Gulf Drive

Stories-Residences2Year Built1985Building Size-Lot Size0.15 AC / 6,700 SF

Payment Calculator

$2,172 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,794

Property Taxes

$378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5826 Gulf Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1776.0
  • Building Area Units: Square Feet
  • Directions: From US 19 take Gulf Dr east .6 miles. Property is on the right (south side of road). 5826 is front unit, 5828 is back unit.
  • Elementary School: Richey Elementary School
  • Middle Or Junior School: Gulf 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: 5826
  • Street Name: GULF
  • Street Suffix: DRIVE
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 4
  • Tax Book Number: 2-44
  • Tax Legal Description: C E CRAFTS SUB NO 4 PB 2 PG 44 LOT 7 BLOCK 4 OF TRACT 34
  • Tax Lot: 7
  • Tax Year: 2023
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Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 1626080250034040070
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: MF1
  • Living Area: 1584
Property and Assessments
  • Year Built Numeric: 1985
  • Flood Zone Code: x
  • Flood Zone Date: 06-05-2020
  • Flood Zone Panel: 12101C0352G
  • Homestead: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 16E
  • Public Survey Section: 8
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water - Multiple Meters, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Fenced, Lighting, Private Mailbox, Storage
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Appliances: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Range
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Open Floorplan, Window Treatments
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Blinds
Multi Family
Multi-Family Information
  • Annual Expenses: $4,532
  • Annual Net Income: $23,008.00
  • Est Annual Market Income: $31,800.00
  • Gross Income: $27,540
  • Total Monthly Expenses: $378
  • Unit Count: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Total Actual Rent: $2,295

Property History for 5826 Gulf Drive

DateEvent & SourcePriceAppreciation
May 31, 2024

Sold

MFRMLS #U8238586

$360,000
May 16, 2024

Sold (Public Record)

Public Record #1534197086

$360,000

+15.9% / yr

May 6, 2024

Pending

MFRMLS #U8238586

DateEvent & SourcePrice
05/31/2024

Sold

MFRMLS #U8238586

$360,000
05/16/2024

Sold (Public Record)

Public Record #1534197086

$360,000

+15.9% / yr

05/06/2024

Pending

MFRMLS #U8238586

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

Public Records for 5826 Gulf Drive

Taxable ValueLand$33,425Additions$187,971Total$221,396
Tax Record2025$5,319 ($443 / month)
Home Facts
Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtStories1Lot Size6,700 SqFtStyleMulti-Family Dwelling (2-4)Year Built1985Zoning0MF1CountyPASCOAPN08-26-16-0250-03404-0070

Schools near 5826 Gulf Drive

This home is within Pasco.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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 RE/MAX ACTION FIRST OF FLORIDA, Andy Schramek

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: 06/03/2024 09:39 AM