Headshot for Associate Michael Apt
  1. Michael Apt, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.942.8247
  4. michaelapt@hotmail.com
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  • MLS#: TB8504064 ( Residential )
  • Street Address: 5622-5640 Missouri Ave
  • Viewed: 66
  • Price: $1,900,000
  • Price sqft: $250
  • Waterfront: No
  • Year Built: 1979
  • Bldg sqft: 7586
  • Bedrooms: 10
  • Total Baths: 8
  • Full Baths: 8
  • Days On Market: 11
  • Additional Information
  • Geolocation: 28.249 / -82.721
  • County: PASCO
  • City: NEW PORT RICHEY
  • Zipcode: 34652
  • Subdivision: Town Of New Port Richey
  • Provided by: BHHS FLORIDA PROPERTIES GROUP
  • Contact: Alex Hamilton
  • 813-739-5700
  • mfrmls
  • DMCA Notice
  • Description
    Well maintained 8 unit multifamily property located in the heart of downtown New Port Richey. The asset consists of four separate 2 unit buildings situated on an oversized lot, offering strong in place income with long term upside. The property is fully occupied with stable annual leases in place. Recent improvements include new roofs (2025) and fresh exterior paint (2025), with many units already updated. Several units remain below market rents, providing a clear path for future income growth. Current gross rents are $131,400 annually. Ideally positioned just minutes from the vibrant downtown corridor, riverfront, parks, restaurants, and retail, making this an attractive option for both tenants and investors.
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Features
Appliances
  1. Electric Water Heater
  2. Microwave
  3. Range
  4. Refrigerator
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Central Air
Country
  1. US
Covered Spaces
  1. 0.00
Exterior Features
  1. Awning(s)
  2. Lighting
  3. Sidewalk
Flooring
  1. Carpet
  2. Tile
Furnished
  1. Unfurnished
Garage Spaces
  1. 0.00
Heating
  1. Heat Pump
Insurance Expense
  1. 0.00
Interior Features
  1. Ceiling Fans(s)
  2. Kitchen/Family Room Combo
  3. Thermostat
Legal Description
  1. LOTS 8 9 & 10 BLOCK 106
  2. PORT RICHEY COMPANY REVISED PLAN FOR TOWN OF NEW PORT RICHEY
  3. according to the map or plat thereof recorded in Plat Book 4
  4. Page 49
  5. Public Records of Pasco County
  6. Florida.
Levels
  1. One
Living Area
  1. 6378.00
Area Major
  1. 34652 - New Port Richey
Net Operating Income
  1. 0.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Parcel Number
  1. 05-26-16-0030-10600-0080
Property Type
  1. Residential
Roof
  1. Shingle
Sewer
  1. Public Sewer
Tax Year
  1. 2025
Township
  1. 26
Utilities
  1. BB/HS Internet Available
  2. Cable Available
  3. Electricity Connected
  4. Phone Available
  5. Sewer Connected
  6. Water Connected
Views
  1. 66
Water Source
  1. Public
Year Built
  1. 1979
Zoning Code
  1. MF-2