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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
10% ARV upside$185,100 gross margin

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 Realtors or Wholesalers may add commission Inspect before contracting Rent breakdown available upon request. For inquiries, please text or call: 623-498-2126

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
Spread10% upside
Gross margin$185,100
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
10%
Run this in the flip calculator
M
Ms. Meriam
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