5826-5828 Gulf Drive

New Port Richey, FL 34652

$359,000
Price
6
Beds
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 • RE/MAX ACTION FIRST OF FLORIDA

Property Details for 5826-5828 Gulf Drive

Subdivision Name
C E CRAFTS SUB 4
Township
26S
Waterfront
No
Furnished
Unfurnished

Location

Listing Courtesy of RE/MAX ACTION FIRST OF FLORIDA, Andy Schramek
Add your commute
LISTING UPDATED: 04/25/2024 01:55 PM

Property Details for 5826-5828 Gulf Drive

StatusActive
MLS #U8238586
Days on Market6
Taxes$4,533 / year
HOA Fees-
Condo/Co-op Fees-
Compass 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
Add your commute

Building Information for 5826-5828 Gulf Drive

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

Payment Calculator

$2,337 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,959

Property Taxes

$378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5826-5828 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: Back On Market
  • Major Change Type: Back On Market
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5826 - 5828
  • 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
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 16-26-08-0250-03404-0070
  • 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
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 3
  • Unit Type Heated Sq Ft 1: 792
  • Unit Type Number Of Units Occupied 1: 2
  • Unit Type Pro Forma 1: 1300
  • Unit Type Type 1: 3 Bed/1 Bath
  • Unit Type Units Total 1: 2
Rental
Rental Information
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Total Actual Rent: $2,295

Property History for 5826-5828 Gulf Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 5826-5828 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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5826-5828 Gulf Drive is a multi-family home for sale in New Port Richey, FL 34652. This property was listed for sale on March 20, 2024 by RE/MAX ACTION FIRST OF FLORIDA, it's currently listed at $359,000. This listing's school district is Pasco. Nearby schools include Richey Elementary School, Gulf Middle School and Gulf High School. 5826-5828 Gulf Drive is a 6-bed, 0-bath, 1,584 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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: 04/25/2024 01:55 PM