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Active Residential

5622-5640 MISSOURI AVE

New Port Richey, FL 34652

STELLAR #TB8504064 Updated: Jun 1, 2026, 1:08pm
$1,795,000
10 Beds • 8 Baths • 6,378 SqFt
Property
ActiveResidential
1/32
$1,795,000

5622-5640 MISSOURI AVE

New Port Richey, FL 34652
10
Beds
8
Baths
6,378
SqFt
0.52
Acres
STELLAR
#TB8504064
Updated: Jun 1, 2026, 1:08pm

Property Description

Well-maintained 8-unit multifamily property located in the heart of downtown New Port Richey. The asset consists of four separate 2-unit buildings situated on an oversized lot, offering strong in-place income with long-term upside. The property is fully occupied with stable annual leases in place. Recent improvements include new roofs (2025) and fresh exterior paint (2025), with many units already updated. Several units remain below market rents, providing a clear path for future income growth. Current gross rents are $131,400 annually. Ideally positioned just minutes from the vibrant downtown corridor, riverfront, parks, restaurants, and retail, making this an attractive option for both tenants and investors.
Included Appliances
Electric Water HeaterMicrowaveRangeRefrigerator

Property Details

Interior
Appliances
Electric Water HeaterMicrowaveRangeRefrigerator
Bathrooms Total Decimal
8
Building Area Total
7586
Cooling
Central Air
Flooring
CarpetTile
Furnished
Unfurnished
Heating
Heat Pump
Interior Features
Ceiling Fan(s)Kitchen/Family Room ComboThermostat
Laundry Features
Other
Living Area
6378
Rooms Total
12
Construction
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
North
Foundation Details
Slab
Levels
One
Living Area Source
Public Records
Living Area Units
Square Feet
Roof
Shingle
Year Built
1979
Site & Exterior
Exterior Features
Awning(s)LightingSidewalk
Flood Zone Code
X
I D X Participation
Yes
Lot Size Acres
0.52
Lot Size Area
22651
Lot Size Square Feet
22651
Lot Size Units
Square Feet
Number Of Lots
Yes
Public Survey Range
16
Public Survey Section
05
Road Surface Type
Asphalt
Sewer
Public Sewer
Total Acreage
1/2 to less than 1
Utilities
BB/HS Internet AvailableCable AvailableElectricity ConnectedPhone AvailableSewer ConnectedStreet LightsWater Connected
Water Source
Public
Zoning
MF-2
Financials
Calculated List Price By Calculated Sq Ft
281.44
Contract Status Change Date
2026-05-01
Current Price
1795000
Feed Types
BBO
Lease Considered
Yes
Lease Expiration
2027-03-31
Minimum Lease
1 Month
Owner Name
9040 TRYFON LLC
Ownership
Fee Simple
Parcel Number
0526160030106000080
Public Survey Township
26
Tax Annual Amount
28459.23
Tax Block
106
Tax Book Number
4/49
Tax Legal Description
LOTS 8 9 & 10 BLOCK 106, PORT RICHEY COMPANY REVISED PLAN FOR TOWN OF NEW PORT RICHEY, according to the map or plat thereof recorded in Plat Book 4, Page 49, Public Records of Pasco County, Florida.
Tax Lot
8910
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34652 - New Port Richey
Subdivision Name
TOWN OF NEW PORT RICHEY
Listing provided courtesy of STELLAR via IDX. Updated: Jun 1, 2026, 1:08pm.
Alex Hamilton

Listing Agent

BHHS FLORIDA PROPERTIES GROUP

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