Additional Details

• Important Details: --> Assume current tenants @ $975/MO (Lease ends 02/28/2027) --> HOA is $849/MO (Internet, exterior, Maintenance Grounds, Pool Maintenance, insurance, and Water)
• Features: Turnkey 1/1 condo under $20K in New Port Richey! 732 SQFT with current tenants in place paying $975/MO through 02/28/2027, providing immediate cash flow from day one. This is an affordable, low-maintenance investment opportunity with strong rental income relative to the purchase price. Ideal for a buy-and-hold investor looking to add a performing asset with stable tenancy already in place and no immediate renovation needs.
• Potential ARV: $45,000-$55,000
• Rehab Description: The property is turnkey and no rehab is needed. Recent updates to the interior and the AC is new.
• Comparable Rent: $975/MO
• Ideal Investment Strategy: Rental/Resale
• Construction: CBS
• Comp 1: 4600 MARINE PKWY, #105, NEW PORT RICHEY, FL 34652 1/1 728 SQFT 1974 Build PENDING @ $45,000 (Smaller/dated)
• Comp 2: 4533 MARINE PKWY, #105, NEW PORT RICHEY, FL 34652 1/1 816 SQFT 1977 Build PENDING @ $70,000 (Smaller/similar condition)
• Comp 3: 4829 ONYX LN, #204, NEW PORT RICHEY, FL 34652 1/1 700 SQFT 1972 Build SOLD @ $45,000 6/5/25 (Smaller/dated)
• Comp 4: 4515 MARINE PKWY, #102, NEW PORT RICHEY, FL 34652 1/1 816 SQFT 1977 Build SOLD @ $45,000 6/13/25 (Smaller/dated)
• Hard Money: Pre-Approved by OPS Loans for up to 75% LTV – See OPS Loans Hard Money