About 5816 Congress Street 102
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 Unit features a spacious open living area, large kitchen, generous bedrooms, in-unit laundry, and extra storage space. 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.
Features of 5816 Congress Street 102
| MLS® # | TB8435439 |
|---|---|
| Price | $129,500 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 920 |
| Acres | 1.83 |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
| Taxes | $2,030 |
| HOA Fees | $302 |
| HOA Frequency | Monthly |
| Condo Fee | $302 |
| Condo Fee Frequency | Monthly |
| CDD | N |
Community Information
| Address | 5816 Congress Street 102 |
|---|---|
| Area | New Port Richey |
| Subdivision | GLEN CREST CONDO |
| City | NEW PORT RICHEY |
| County | Pasco |
| State | FL |
| Zip Code | 34653-4308 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Dishwasher, Disposal, Electric Water Heater, Freezer, Refrigerator |
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior Features | Other, Sidewalk |
|---|---|
| Roof | Metal |
| Foundation | Slab |
School Information
| Elementary | Cotee River Elementary-PO |
|---|---|
| Middle | Gulf Middle-PO |
| High | Gulf High-PO |
Pet Information
| Number of Pets | 2 |
|---|---|
| Size | Small (16-35 Lbs.) |
| Restrictions | With a fish exception, a unit owner may keep a maximum of 2 pets. Pets shall be defined as a dog, cat, bird, or fish. Max Pet Weight 25 Lbs. |
Rental Restrictions
| Minimum Lease | 1 Month |
|---|
Additional Information
| Date Listed | October 7th, 2025 |
|---|---|
| Days on Market | 9 |
| Zoning | MF1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Maintenance Includes | Internet, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water |
Listing Details
| Office | LIFES A BEACH REAL ESTATE |
|---|