31 photos
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ActivePrice improved $486,000162 days on market
$2,700,000$3,186,000
4954 BITNER STNEW PORT RICHEY, FL 34652NEW PORT COLONY · Triplex
53Beds
40Baths
801Sq ft
1-carGarage
1973Built
YesPool
About this home
New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | 10% Cap Rate. If you've been searching for a turnkey multifamily investment that truly checks every box, New Port Colony deserves your full attention. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate — and once you understand what's included, it's easy to see why. The unit mix is well-balanced, with 19 one-bedroom/one-bath, 13 two-bedroom/one-bath, and 4 two-bedroom/two-bath homes, all within a single complex. Every unit has been updated and comes equipped with central heating and a…
Description as provided by the listing brokerage.
Highlights
- Private pool
- Other
- Ceiling Fans(s)
- Shingle
- Carpet
- Ceramic Tile
- Tile
- Buyer Approval Required
- Clubhouse
The details
StatusActive
MLS #MFRW7885450
Property typeTriplex
Year built1973
Living area801 sq ft
Price per sq ft$3371
HOA$308 / monthly
CDDNo
Taxes$1,080 (2025)
Garage1-car
StoriesOne
Days on market162
CountyPasco
Flood zoneAE (verify)
ListedMay 3, 2026
Features & property details
Interior
FlooringCarpet, Ceramic Tile, Tile
AppliancesDryer, Refrigerator, Washer
Interior featuresCeiling Fans(s)
LaundryInside
FireplaceNo
CoolingCentral Air
HeatingCentral
Exterior & lot
Exterior featuresOther
Road surfaceAsphalt
Construction
ConstructionBlock, Stucco
FoundationSlab
RoofShingle
Living area sourcePublic Records
Building area (sq ft)1,087
Parking
GarageYes
Attached garageYes
CarportNo
Pool & water
PoolIndoor
Waterfront feet0
Dock0
Community & HOA
AssociationNick Toucton
HOA fee$308
HOA frequencyMonthly
AmenitiesMaintenance
Fee requirementRequired
Approval required1
Total monthly fees$308
Total annual fees$3,696
Community featuresBuyer Approval Required, Clubhouse, Pool
55+ communityYes
PetsDogs OK, Yes
Number of pets2
Minimum leaseNo Minimum
Lease restrictions1
Lease notesNo waiting period to rent the units.
Utilities & efficiency
UtilitiesCable Available, Cable Connected
SewerPublic Sewer
Water sourcePublic
Financial & terms
CDD0
Tax year2,025
Homestead0
Listing termsCash
OwnershipFee Simple
Special conditionsNone
PossessionClose Of Escrow
ZoningMF1
OccupantTenant
MLS area34652 - New Port Richey
Where it sits
Approximate location shown. Exact address available on request per listing brokerage.
More like this
Stellar MLSMLS# MFRW7885450Listing courtesy of RE/MAX MARKETING SPECIALISTSLast updated Oct 13, 2026, 4:46 PM