5100 SOUTH ROAD, NEW PORT RICHEY, FL, 34652
Active492 days on marketListed Apr 4, 2025MLS #TB8370544
About this home
5100 SOUTH ROAD
PRICE IMPROVEMENT!! Gross income over 60K annually. All capital improvements are done for immediate cash flow! Low keeping costs! Net income around $45k a year!! HOT NEW PORT RICHEY LOCATION with huge future upside potential! Fire house next door is now completed. This well-maintained multiplex property offers a prime investment opportunity, featuring five fully-leased units that generate consistent income and significant potential for long-term financial growth. Each unit is freshly renovated with new a/c units, water heaters, fully remodeled kitchens, and remodeled bathrooms, appealing to tenants, ensuring a steady cash flow and low vacancy risk. The property is situated in a highly desirable neighborhood of New Port Richey, where demand for rental units remains strong, ensuring high occupancy rates and attractive rental yields. The location is ideal, with easy access to major transportation routes, shopping centers, and other local amenities, making it an even more appealing option for tenants. The property is in turnkey condition, with regular maintenance and updates that minimize the need for immediate capital expenditures. With a block structure, a separate laundry building, and a newer roof (2020). This investment has a proven track record of delivering strong returns and situated in an area that shows continued growth. This multiplex offers an exceptional chance for investors seeking a stable, income-producing asset with excellent long-term appreciation potential.
Facts & features
The home at a glance
3
Bedrooms
2,753
Sqft
0.34 ac
Lot size
1956
Year built
One
Levels
$167
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$3,526 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$3,526/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs New Port Richey actives
$167 vs $202
Days on market
492 vs 50 typical
Where $167/sqft sits among the 400 New Port Richey actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside New Port Richey
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know New Port Richey. See the full New Port Richey guide →
NEW PORT RICHEY 34652 — neighborhood snapshot
Population
25,900
Median age
51.8
Median income
$52,396
Median home value
$198,400
Avg household
2.19
Households w/ children
1,991
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The New Port Richey market
$280K → $260K
New Port Richey median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
229 of 400
New Port Richey actives have cut their price
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 104% above the NEW PORT RICHEY 34652 median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 5100 SOUTH ROAD
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$200,000
1846 ABACUS ROAD · same community
3 bd · 2 ba · 1,144 sqft · $175/sqft · 16 DOM
Sold · May ’26$55,000
4158 PINE HAVEN ROAD · same community
1 bd · 1 ba · 960 sqft · $57/sqft · 5 DOM
Sold · Apr ’26$180,000
3910 DARLINGTON ROAD · same community
2 bd · 2 ba · 956 sqft · $188/sqft · 87 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5100 SOUTH ROAD — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5100 SOUTH ROAD — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
5100 SOUTH ROAD FAQs
What would the monthly payment be for 5100 SOUTH ROAD?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $3,526/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5100 SOUTH ROAD?+
The most recent tax bill on record (2024) was $5,455. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5100 SOUTH ROAD?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in New Port Richey?+
At $459,999, this home is listed about 64% above the New Port Richey median of $280,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5100 SOUTH ROAD?+
Anclote High School (high), Paul R. Smith Middle School (middle) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$459,999 runs 104% above the NEW PORT RICHEY 34652 median — but at 2,753 sqft it's also nearly twice the size of the typical New Port Richey listing.
02Time on market is leverage
492 days on market against a New Port Richey median of 50 — sellers in this position are usually ready to negotiate.
03The price has already moved
Listed at $675,000, now $459,999 — a $215K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of FUTURE HOME REALTY INC · Susan McGowan. MLS #TB8370544.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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