# 5100 SOUTH ROAD, New Port Richey, FL 34652

> **TL;DR:** 3bd/0ba residential multi family, $479,900 ($174/sqft), built 1956, 2,753 sqft. Est. $2,080/mo. Listed 423 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $479,900 |
| Price/sqft | $174 |
| Bedrooms | 3 |
| Square Feet | 2,753 |
| Year Built | 1956 |
| Lot Size | 14,810 sqft (0.34 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 423 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,080 |
| **Total** | **$2,080** |

## Nearby Schools

- **Middle:** Gulf Middle-PO
- **High:** Gulf High-PO

## Property Highlights

- Built in 1956
- 0.34 acre lot

## Description

### Agent Description
PRICE IMPROVEMENT!! Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $45k a year!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new a/c units, water heaters, fully remodeled kitchens, and remodeled bathrooms, appealing to tenants, ensuring a steady cash flow and low vacancy risk. The property is situated in a highly desirable neighborhood of New Port Richey, where demand for rental units remains strong, ensuring high occupancy rates and attractive rental yields. The location is ideal, with easy access to major transportation routes, shopping centers, and other local amenities, making it an even more appealing option for tenants. 

The property is in turnkey condition, with regular maintenance and updates that minimize the need for immediate capital expenditures. With a block structure, a separate laundry building, and a newer roof (2020). This investment has a proven track record of delivering strong returns and situated in an area that shows continued growth. This multiplex offers an exceptional chance for investors seeking a stable, income-producing asset with excellent long-term appreciation potential.

## Location

- **Address:** 5100 SOUTH ROAD, New Port Richey, FL 34652
- **County:** Pasco
- **Neighborhood:** TAMPA TARPON SPGS LAND CO
- **Coordinates:** 28.246029, -82.729829
- **Google Maps:** https://www.google.com/maps?q=28.246029,-82.729829

## Listing Agent

- **Name:** Susan McGowan
- **Brokerage:** FUTURE HOME REALTY INC
- **Phone:** 8134848655
- **Email:** susan@flrealtypro.com

## Primary Photo

![5100 SOUTH ROAD - Primary Photo](http://lh.rdcpix.com/40836e20ff7c5146ee4157e715b491e2l-f2693903805r.jpg)

*47 total photos available on [listing page](https://www.propertysimple.com/listing/5100-south-road-new-port-richey-fl-34652-b8370544)*

---

**MLS#:** TB8370544 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5100-south-road-new-port-richey-fl-34652-b8370544)

---

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  "description": "PRICE IMPROVEMENT!! Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $45k a year!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new a/c units, water heaters, fully",
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