$2,000,000 for Sale
4932 elkner street , new port richey, FL 34652
| Beds 52 | Baths 39 | 801 Sqft | 0.02 Acres |
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Property Description
Owner will considering financing INTEREST ONLY loan with $500,000 down at 7% interest with $500k do every 24 months. Recently impacted by the hurricane, this property has undergone restoration with all damaged materials removed and drywall replaced, though currently unfinished, allowing for your custom design. 36-villas in all. (18) 1 bedroom, 1bath w/garages 540 Sq.Ft . (13) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (3) 2 bedrooms 2 baths w/garages 801 SqFt units. (2) 1-bedroom 1-bath no garages 540 Sq.ft. Layout with an open floor plan. The hot water heater is in working condition. 55+ community that you can RENT OUT immediately. The community provides excellent amenities, including a pool, shuffleboard, and optional private beach access for an annual fee. HOA for 1 bed 1 bath $244 a month, 2-bed 1 bath $245 a month, and 2-bed 2 bath is $248 a month and that includes, Roof, water, trash, exterior of building and ground maintenance. Conveniently located near shopping centers, public transportation, dining options, and county parks, it’s also just minutes from historic downtown New Port Richey. This villa is an attractive opportunity for buyers seeking both location and potential. This is a 209 unit complex. This owner owns 36 units.
General Information
Sale Price: $2,000,000
Price/SqFt: $2,497
Status: Active
MLS#: W7870190
City: new port richey
Post Office: new port richey
County: Pasco
Subdivision: new port colony 05 way
Acres: 0.02
Bedrooms:52
Bathrooms:39
House Size: 801 sq.ft.
Acreage: 0.02 est.
Year Built: 1973
Property Type: Multi Family
Style:
Features & Room Sizes
Paved Road: Asphalt
Construction: Block, Stucco
Exterior Misc: Other
Pool: Yes
Pool Description: Gunite
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Central
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $1,169
HOA fees: 245
HOA fees Period: Monthly
Legal Description: NEW PORT COLONY FIFTH WAY UNREC PLAT LOT 1019 BLOCK 22 DESC AS COM AT SE COR TH N00DEG21' 15"E 1641.91 FT TH S89DEG56' 13"W 128.67 FT TH N00DEG03' 47"W 80.15 FT TH S89DEG56' 13"W 136.37 FT TH N00DEG21' 20"W 9.50 FT FOR POB TH S89DEG38' 40"W 13.00 FT TH S00DEG21' 20"E 2.00 FT TH S89DEG38' 40"W 28.00 FT TH N00DEG21' 20"W 29.33 FT TH N89DEG38' 40"E 12.67 FT TH N00DEG21' 20"W 8.67 FT TH N89DEG38' 40"E 15.00 FT TH S00DEG21' 20"E 22.66 FT TH N89DEG38' 40"E 13.33 FT TH S00DEG21' 20"E 13.34 FT TO POB
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Nicholas Vavoulis of RE/MAX MARKETING SPECIALISTS, Phone: 727-853-7801
