STREET Lot 1016 NEW PORT RICHEY FL 34652 MLS #W7862548 | Gary Kusher | Florida Real Estate

6.4% Cap rate with room to grow. Presenting an exceptional investment opportunity—comprising 41 UNITS (all in one complex). This unique offering includes 21 one-bedroom, one-bathroom units, 15 two-bedroom units with one bath, and 5 two-bedroom units featuring two baths. Each residence is equipped with modern amenities such as central heating and air conditioning, washer and dryer in each unit. Each condo HAS ITS OWN GARAGE. Strategically located amidst essential amenities, residents of this community will enjoy convenient proximity to a grocery store, shopping outlets, diverse restaurants, and medical facilities. This advantageous positioning enhances the overall living experience, providing easy access to daily necessities and healthcare services. For leisure and relaxation, the community boasts a pool and shuffleboard, offering residents delightful spaces to unwind and socialize. As an added allure, there is an enticing OPTION for residents to join the Gulf Harbors Beach Club at an annual cost of $200, providing an exclusive opportunity to savor the pristine coastal surroundings. This 55-plus community is not merely a collection of living spaces but an embodiment of a lifestyle enriched with nearby conveniences and recreational opportunities. It presents a rare chance to invest in a community that offers both comfortable living and a thriving, active environment.