1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty

4932 Elkner Street, NEW PORT RICHEY, FL 34652

Priced at Only: $1,701,000

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Adult Community
Reduced
  • MLS#: W7870190 ( Residential Income )
  • Street Address: 4932 Elkner Street
  • Viewed: 364
  • Price: $1,701,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1973
  • Bldg sqft: 0
  • Bedrooms: 41
  • Total Baths: 31
  • Garage / Parking Spaces: 1
  • Days On Market: 104
Description
Owner will considering financing. INTEREST ONLY loan with $500,000 down at 7% interest with $450,000 do every 24 months. Recently impacted by the hurricane, this property has undergone restoration with all damaged materials removed and drywall replaced, though currently unfinished, allowing for your custom design. 27 villas in all. (13) 1 bedroom, 1bath w/garages 540 Sq.Ft . (10) 2 bedroom, 1 bathroom w/garages 722 Sq.Ft units. (4) 2 bedrooms 2 baths w/garages 801 SqFt units. (2) 1 bedroom 1 bath no garages 540 Sq.ft. Layout with an open floor plan. The hot water heater is in working condition. 55+ community that you can RENT OUT immediately. The community provides excellent amenities, including a pool, shuffleboard, and optional private beach access for an annual fee. HOA for 1 bed 1 bath $300 a month, 2 bed 1 bath $300 a month, and 2 bed 2 bath is $300 a month and that includes, Roof, water, trash, exterior of building and ground maintenance. Conveniently located near shopping centers, public transportation, dining options, and county parks, its also just minutes from historic downtown New Port Richey. This villa is an attractive opportunity for buyers seeking both location and potential. This is a 209 unit complex. This owner owns 37 units. There are also additional 10 units THAT HAVE BEEN FULLY RESOTRED AND RENTED currently RECEIVING $1300 A MONTH on average for the 7 UNITS. Will sell those units for $800,000.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Other
  • Living Area: 801.00
  • Roof: Shingle
Property Information
  • Property Condition: Fixer
Garage and Parking
  • Garage Spaces: 1.00
Eco-Communities
  • Pool Features: Gunite
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
Finance and Tax Information
  • Home Owners Association Fee: 300.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Association Name: Nick touchton
  • Country: US
  • Interior Features: Other
  • Legal Description: NEW PORT COLONY FIFTH WAY UNREC PLAT LOT 1019 BLOCK 22 DESC AS COM AT SE COR TH N00DEG21' 15"E 1641.91 FT TH S89DEG56' 13"W 128.67 FT TH N00DEG03' 47"W 80.15 FT TH S89DEG56' 13"W 136.37 FT TH N00DEG21' 20"W 9.50 FT FOR POB TH S89DEG38' 40"W 13.00 FT TH S00DEG21' 20"E 2.00 FT TH S89DEG38' 40"W 28.00 FT TH N00DEG21' 20"W 29.33 FT TH N89DEG38' 40"E 12.67 FT TH N00DEG21' 20"W 8.67 FT TH N89DEG38' 40"E 15.00 FT TH S00DEG21' 20"E 22.66 FT TH N89DEG38' 40"E 13.33 FT TH S00DEG21' 20"E 13.34 FT TO POB
  • Area Major: 34652 - New Port Richey
  • Parcel Number: 16-26-07-014.D-022.01-019.0
  • Views: 364
  • Zoning Code: MF1

Contact Info

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  1. Juan Torres, REALTOR ®
  2. Tropic Shores Realty
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