Property Listing No Longer Available for Sale

5540 James Street, New Port Richey, FL

Multi-family for Sale - $850,000 - 9,384 Sq. Ft. on 0.55 acres

Property Info

  5540 James Street
  New Port Richey FL 34652
UpdatedDecember 12th, 2017
Building9,384 Sq. Ft.
Land0.55 acres

Property Description

12 Unit Complex with 17 parking spaces. All units have newer laminate flooring and/or tile flooring installed in 2006. Most of the appliances and ceiling fans have been updated. Roof was replaced in 2001. Property is on 1/2 acre with a large lot at the back of the building. The unit mix is Ten 2BR/1BA and Two 1BR/1BA.

Location Description:

This property is in the New Port Richey area in Pasco County Florida. It is located a few blocks South of Main Street. This Gulfcoast of Florida is densely populated, and cities blend along continuously on the major thoroughfare US Hwy 19. Centrally located on the Florida Gulf of Mexico,this location is where the Florida "Suncoast" begins and runs South to Naples. And the Florida Nature Coast takes you North to the Panhandle. Pasco County is just North of the Tampa-St.Petersburg MSA. The submarket is known as West Pasco. From here and traveling East on either State Road 54 or State Road 52, you will cross the Suncoast Parkway, which is a quick commute to Tampa and Tampa International Airport. Continuing East, you cross Intestate 75 and then take Interstate 4 to Orlando. The Pasco County area is one with many development opportunities due to the abundance of Open spaces and Land in the Central and Northern parts of Pasco County. In the immediate vicinity of this property is the Hospital and Medical Community, which recently went thru organization changes with the new Opening of Trinity Medical Center, about seven miles Southeast, and this area recently evolved to a more specialized medicine community. Main Street New Port Richey is a few blocks North and has undergone previous redevelopments, and todayadditional work is being done near the Cotee River. A popular spot for events and Festivals, downtown has great potential for revitalization. The River downtown, meanders to the Gulf of Mexico, and is surrounded by custom homes and boating is popular, with easy access to Open water. Residences and schools are close by. Popular Shopping and restaurants are a short drive to the Gulfview Square Mall.


>> Mulit-Family

>> 12 Units

>> 17 Parking Spaces

>> Built in 1981

>> Large Lot over 1/2 Acre and vacant land in rear

>> Central HAVAC

>> Balconies and Patios

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