Address
5522 Gulf Drive, NEW PORT RICHEY, FL
Price
$ 995,000
Property Attributes
- MLS#W7860861
- TypePending
- CountyPASCO
- CityNEW PORT RICHEY
- AreaNew Port Richey
- Zip34652
- StyleBusiness
- Year Built1982
- Taxes$ 5500
- Price$ 995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4218
- Lot Size0.52 Acres
Data Source:
Stellar MLS
Property Description
With 9 years remaining on the lease contract, the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare, the building's adaptable design lends itself to a variety of potential uses. Offering more than 30 parking spaces situated both at the front and rear of the property, accessibility is maximized for both tenants and visitors. Positioned on a corner lot, the property's strategic location facilitates circulation and enhances its inherent value. Furthermore, the inclusion of a second parcel and a triple net lease structure provide additional advantages for prospective owners, ensuring ease of management and potential for robust returns. In summary, this property presents a lucrative investment opportunity with keys readily available for effortless acquisition.
| Price History | |
|---|---|
| 1/30/2024 | Listed $995,000 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Available |
| Roof | Shingle |
| Construction Materials | Block,Concrete,Stucco |
| Year Built | 1982 |
| Levels | One |
| Property SubType | Business |
| Tax Year | 2022 |
| Percent Ownership | Corporation |
| County | Pasco |
| New Construction | No |
| Property Type | Commercial Sale |
| Building Features | Bathrooms,Fencing,Kitchen Facility,Other,Reception,Waiting Room |
| Status | Pending |
| Directions | US-19,Port Richey,FL 34668,Turn right at the 1st cross street onto US-19 S. Turn left onto Gulf Dr,Turn right onto Crafts St,Turn left |
| City | NEW PORT RICHEY |
| Buyer Agent Compensation | 2%-$395 |
| MLS Area | 34652 - New Port Richey |
| Lot Size Square Feet | 22520 |
| Waterfront Y/N | No |
| Street Name | Gulf Drive |
| Tax Annual Amount | 5500 |
| Property Condition | Completed |
| Public Remarks | With 9 years remaining on the lease contract,the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare,the |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/W7860861 |
| Days on Market | 84 |
| Standard Status | Pending |
| Tax Lot | 0040 |
| Virtual Tour | https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fclick.pstmrk.it%2F3s%2Ftampa-home-photos.aryeo.com%252Fsites%252Fdrbnqpa%252Funbranded%2FcUpU%2FPfiyAQ%2FAQ%2Fd40f436f-953d-40b9-9eed- |
| Legal Description | CRAFTS 2 PB 2 PG 36 LOTS 4 TO 6 INCL OR 1171 PG 583 |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Flooring | Carpet,Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Parking Features | 19 to 30 Spaces,Over 30 Spaces |
|---|---|
| Lot Features | Corner Lot,Oversized Lot,Sidewalk |
| Lot Size Area | 22520 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 4638 |
| Lot Size Acres | 0.52 |
| Road Surface Type | Paved,Asphalt |
| Lot Size Units | Square Feet |
| Road Frontage Type | Street Paved,City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 34652
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 20, 2024 1:40 PM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
