$123,500
5816 Congress Street
New Port Richey, FL 34653
Listing updated: May 29, 2026 at 5:25 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history235 days on market
- Status: PendingMay 29, 2026
- Listed$129,500Oct 6, 2025
- Price reduced$123,500
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Pending
- Days on market
- 235
- Subdivision
- Glen Crest Condo
- County
- Pasco
- Year built
- 2004
- Living area
- 985 sq ft
- Price/sq ft
- $125
- Lot size
- 79,764 sq ft
- Lot category
- 1 to less than 2
- Flood zone
- AE (12101C0352G)
- Annual taxes
- $2,216 (2024)
- Parcel #
- 16-26-09-022.0-00B.00-101.0
- Zoning
- MF1
- MLS #
- TB8435029
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Ceramic Tile, Laminate
- Appliances
- Dishwasher, Disposal, Electric Water Heater, Freezer, Microwave, Refrigerator
- Interior features
- Ceiling Fans(s), Ninguno
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Electric
- Cooling
- Central Air
HOA & Financial
- Total monthly fees
- $302/mo
- Total annual fees
- $3,624
- HOA name
- Qualified Property Management, Inc.
- CDD
- No
- Min lease term
- 1 Month
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Other, Sidewalk
- Construction materials
- Block
- Roof
- Metal
- Foundation
- Slab
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Breed Restrictions, Cats OK, Dogs OK, Number Limit
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 12x12 |
| Primary Bathroom | First | 6x8 |
| Bedroom 2 | First | 12x12 |
| Living Room | First | 12x14 |
| Family Room | First | 12x14 |
| Kitchen | First | 8x10 |
Listing Details
- Listing date
- 2025-10-06
- On market date
- 2025-10-06
- Original list price
- $129,500
- Occupant type
- Tenant
- MLS area
- 34653 - New Port Richey
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-05-29
- Tax legal description
- GLEN CREST CONDOMINIUM OR 6742 PG 1 BLDG B UNIT 101
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From Clearwater-Get on US-19 N, Continue north on US-19 / Alternate 19 through Pinellas and into Pasco County. Stay on US-19 N, then take the exit toward FL-54 / Little Rd / New Port Richey (depending on exact intersection). Turn onto FL-54 W (or Little Rd, then west) heading toward the interior of New Port Richey. From FL-54 or the local road you’re on, turn onto Congress St (or the local street system) and follow until you reach 5816 Congress St. From Tampa ? 5816 Congress St, New Port Richey, head west toward I-275 W (or appropriate highway connecting toward Pinellas). Take I-275 W across Tampa Bay via the Courtney Campbell Causeway into Pinellas County. Continue west/north as needed to connect with US-19 N / Alternate 19 N or a suitable highway that heads north through Pinellas into Pasco. Once in Pasco County, follow US-19 N / Alternate 19 N north and then take the FL-54 / Little Rd exit toward New Port Richey Navigate via local roads to Congress St, then to 5816 Congress St.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 29, 2026 at 5:25 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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