Active

4932 ELKNER ST

NEW PORT RICHEY FL, 34652

$1,701,000


$2,123.60 per sqft

Active

41 Beds

31 Baths

801 sqft

Multi-family

Built in 1973

Recently impacted by the hurricane, this property has undergone restoration with all damaged materials removed and drywall replaced, though currently unfinished, allowing for your custom design. 27-villas in all. (13) 1 bedroom, 1bath w/garages 540 Sq.Ft . (10) 2-bedroom, 1-bathroom w/garages 722 Sq.Ft units. (4) 2 bedrooms 2 baths w/garages 801 SqFt units. (2) 1-bedroom 1-bath no garages 540 Sq.ft. Layout with an open floor plan. The hot water heater is in working condition. 55+ community that you can RENT OUT immediately. The community provides excellent amenities, including a pool, shuffleboard, and optional private beach access for an annual fee. HOA for 1 bed 1 bath $300 a month, 2-bed 1 bath $300 a month, and 2-bed 2 bath is $300 a month and that includes, Roof, water, trash, exterior of building and ground maintenance. Conveniently located near shopping centers, public transportation, dining options, and county parks, it's also just minutes from historic downtown New Port Richey. This villa is an attractive opportunity for buyers seeking both location and potential. This is a 209 unit complex. This owner has 37 units in total. There are also an additional 10 units THAT HAVE BEEN FULLY RESTORED AND RENTED currently RECEIVING $1300 A MONTH on average for the 10 UNITS. Will sell those units for $800,000

W7870190

MLS ID

November 21, 2024

Listed

March 12, 2025

Updated

Interior Features

Bedrooms

41


Total Bathrooms

31


Interior Features

Other


Laundry Description

In Garage


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.02 Acres


Exterior Features

Other


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

34652 - New Port Richey


Taxes

$1,169


Tax Frequency

Annually


Days on Market

105


Association Fee

$300


Association Fee Frequency

Monthly


Garage

Yes


Garage Spaces

1


View

No


County

Pasco


Municipality

26S


Water Source

Public


Pets Allowed

Yes


Pool

Yes


Pool Features

Gunite


Utilities

Cable Available


Zoning

MF1

Listing History

Date

Event

Price

1/27/2025

Price change

$1,701,000

-6%

1/20/2025

Price change

$1,800,000

-10%

Listed by RE/MAX MARKETING SPECIALISTS
Listing Contact: 727-853-7801 

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Data last updated 3/12/2025, 3:22 AM UTC

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