Active Commercial

7618 US HIGHWAY 19

New Port Richey, FL 34652

#TB8412109 Updated: Jun 15, 2026, 3:53pm

$600,000

0 Beds • 0 Baths • 3,194 SqFt

Beds

Baths

3,194

SqFt

0.62

Acres

Property Description

Income-Producing Mixed-Use Property — 8% Cap Rate

Rare investment opportunity on high-traffic US Highway 19 in New Port Richey! This well-located 1,430 SF commercial building features multiple permitted uses and includes five residential units totaling 1,764 SF — all leased on solid 12-month rental agreements. The property offers excellent cash flow with an 8% cap rate, strong long-term tenants, and outstanding visibility for future retail or office possibilities. Office building is currently vacant.

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Property Details

Interior

Building Area Total

3194

Cooling

Central AirWall/Window Unit(s)

Living Area

3194

Construction

Building Area Source

Public Records

Building Area Units

Square Feet

Construction Materials

BlockStucco

Foundation Details

Slab

Living Area Units

Square Feet

Stories Total

Yes

Year Built

1950

Site & Exterior

Flood Zone Code

I D X Participation

Yes

Lot Size Acres

0.62

Lot Size Area

26875

Lot Size Dimensions

126 x 192

Lot Size Square Feet

26875

Lot Size Units

Square Feet

Public Survey Range

16E

Public Survey Section

Road Frontage Type

Highway

Road Surface Type

Paved

Total Acreage

1/2 to less than 1

Zoning

Financials

Calculated List Price By Calculated Sq Ft

187.85

Contract Status Change Date

2025-10-29

Current Price

600000

Feed Types

BBO

Owner Name

CMT DEVELOPMENT OF FL LLC

Ownership

Corporation

Parcel Number

162532025.000C.00027.0

Public Survey Township

25S

Tax Annual Amount

1028

Tax Block

Tax Book Number

3-79

Tax Legal Description

NEW PORT RICHEY ESTATES PB 3 PG 79 LOTS 27-30 INCL BLOCK C OR 9621 PG 1139

Tax Lot

Tax Year

2025

Neighborhood & Lifestyle

Community & Association

M L S Area Major

34652 - New Port Richey

Subdivision Name

NEW PORT RICHEY ESTATES

Listing provided courtesy of STELLAR via IDX. Updated: Jun 15, 2026, 3:53pm.

Samer Samhoury

Listing Agent

CENTURY 21 ELITE LOCATIONS, INC

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7618 US HIGHWAY 19

7618 US HIGHWAY 19

Property Description

Property Details

Interior

Construction

Site & Exterior

Financials

Neighborhood & Lifestyle

Community & Association

Samer Samhoury