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8602 PIONEER TRAIL

Recently Sold
$1,400,000

BTC: 21.87500000

ETH: 801.83276060

Sold on: 2020-12-22
24 days
0 room(s)
18,480 sqft

Overview

RMS Elite Properties is pleased to present an Exclusive Investment Offering for twenty two Multifamily units located in the New America Condominium complex of Port Richey, Florida. This opportunity consists of a portfolio of rental units with a long history of occupancy located in a dense residential area, surrounded by national tenants such as Publix, Sonic, Little Caesars, Sunoco’, Bank of America, and more. The previous Owner has contributed over $80,000 of improvements since 2018, allowing an investor to collect stable cash flow while also adding value by increasing rents to the renovated apartments. With a lease loss of $23,000, an investor can see a substantial increase in Net Operating Income by increasing rents to a market rate and cutting down on expenses. Perfect Value Add Deal!

Location

Florida • PORT RICHEY • 34668 • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1982
Lot:
3.00 Acres
Heating:
Other
Price/sqft:
$87
Cooling:
Central Air
HOA:
$956

Highlights

Annual tax
$8,978
2019
HOA
$956/yr
Pets
Number Limit
All facts and features

  • Heating

    • Other

    Cooling

    • Central Air

  • Property

    • Levels: Two

    • Exterior Features: Fenced

    Lot

    • Lot: 3.00 Acres

    Other Property Information

    • Parcel Number: 282515017000A000010

    • Zoning: MF2

  • Type and style

    • Property Type: Residential Income

  • Utility

    • Electricity Available

  • Other financial information

    • HOA: $956

    • HOA Frequency: Annually

    • Annual tax amount: $8,978

  • Source details

    • MLS ID: U8101895

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Living Area: 18480

    • Water Source: Public

    • Subdivision Name: NEW AMERICA USA 1 CONDO PB 21 PG 99 UNIT 1 BLDG A

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34668
381
median $259K
Active
Same city
PORT RICHEY
1,488
median $259K
Active
Similar price
$1.1M – $2.1M
25
median $1.3M
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RMS ELITE PROPERTIES