1. Florida
  2. New Port Richey
  3. 5642 CONGRESS STREET
$65,000

5642 CONGRESS STREET, New Port Richey, FL 34653

  • 2 beds |
  • 2 baths |
  • 1,144 sqft
  • Property Icon Manufactured Home
  • Property Year Built Icon Built in 1987
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $57/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Investor Special on the water! This 2-bedroom, 2-bath mobile home sits on a canal leading directly to the Cottee River and offers an incredible opportunity for cash buyers looking to maximize return on investment. Located just minutes from downtown New Port Richey. Rental demand in this area is strong, and with the right vision this home could pay for itself in as little as two years, then continue generating steady passive income well into the future. The home features a spacious layout and a beautiful kitchen, but it has sustained flood damage with water reaching floor level. The flooringand water vapor barrier will need to be replaced, and it is recommended that the electrical system be inspected. Buyers should also consult with the city on the required permitting process and compliance steps for renovation. Sold strictly as-is and available to cash buyers only, this property is a rare chance to secure affordable waterfront real estate in a high-demand rental market. With restoration, it could easily be transformed into a profitable long-term rental, a lucrative short-term investment, or your own private waterfront retreat. Schedule your showing today and explore the potential of this income-producing property.

Listing Status:
Active
Date Added:
March 22, 2025 at 05:00AM
Listing Office:
BHHS FLORIDA PROPERTIES GROUP : 727-835-3110
Listing Agent:
Debra A Kennedy : 727-457-3470
MLS ID:
W7873807
  • General: Ceiling Fan(s)Stone Counters
  • Appliances: Built-In OvenDishwasherElectric Water HeaterRefrigerator
  • Laundry: Other
  • Flooring: Laminate
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Debra A Kennedy, BHHS FLORIDA PROPERTIES GROUP

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cotee River Elementary School

7515 Plathe Rd, New Port Richey, FL, 34653

Grades KG-5

1.07 miles away

G

Gulf Middle School

6419 Louisiana Ave, New Port Richey, FL, 34653

Grades 6-8

0.18 miles away

S

Schwettman Education Center

5520 Grand Blvd, New Port Richey, FL, 34652

Grades 6-12

0.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.