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Pasco County · New Port Richey, FL 34652

GREAT FIX AND FLIP OR BUY AND HOLD IN 5611 James St, New Port Richey, FL 34652 12 UNIT MULTI

$1,479,900
15
Beds
12
Baths
5,100
Sq ft
1970
Year built
$155K spread

About this property

12-Unit Multifamily Portfolio - Fully Updated with Strong Rental Income ($15,750 Per Month) 5611 & 5629 James St, New Port Richey, FL 34652 Property Overview: 12 Total Units 15 Bedrooms / 12 Bathrooms Built in 1970 Flood Zone X No Flood Insurance Required Rent Roll Available Upon Request Unit Breakdown: 3 Units - 2 Bed / 1 Bath 9 Units - 1 Bed / 1 Bath Recent 2025 Improvements: Brand-New Roofs Updated Electrical Panels Fresh Exterior Paint New Mini-Split A/C Systems Installed in All Units Investment Highlights: Multifamily Asset 12 Income-Producing Units Major Capital Improvements Completed Reduced Immediate CAPEX Strong Rental Demand Area No Flood Insurance Requirement Excellent Buy-and-Hold Opportunity Stable Cash Flow Potential Terms: As-Is Sale Cash or Hard Money Only Seller selects escrow and title agent Buyer covers all closing costs Inspect before contracting Rent breakdown available upon request.

Property snapshot

Layout15 Bed / 12 Bath
Living area5,100 sq ft
Lot size1 sq ft
Year built1970
Property typeMulti-Family
CountyPasco County

Deal details

Asking price$1,479,900
ARV estimate$1,635,000
Spread (ARV − asking)$155,100
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

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The numbers

Asking
$1.48M
ARV est.
$1.64M
Spread
$155K
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M
Ms. Meriam
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