5622-5640 MISSOURI AVE New Port Richey, FL $ 1,900,000
5622-5640 MISSOURI AVE
$ 1,900,000
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5622-5640 MISSOURI AVE

New Port Richey, FL, 34652
$ 1,900,000
Bedrooms10 Baths8.0 Sq 6,378

Monthly Estimate*

$ 11,699

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Apartment for sale in New Port Richey, FL

for $1,900,000 with 10 bedrooms and 8 full baths. This 6,378 square foot apartment was built in 1979 on a lot size of 0.52.

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.

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Apartment Active

Price

$ 1,900,000

Bedrooms

10

Full Bath

8

Property Type

Apartment

Taxes

$ 28,459

Style

1/2 Duplex

Lot Size

0.52

Year Built

1979

Town/City

New Port Richey

County/Region

Pasco

MLS | Web ID

TB8504064

Features
General
Sewer Public Sewer
Heating Heat Pump
Cooling Central Air
Utilities BB/HS Internet Available Cable Available Electricity Connected Phone Available Sewer Connected Street Lights Water Connected
Roof Shingle
Appliances Electric Water Heater Microwave Range Refrigerator
Zoning MF-2
Construction Materials Block Stucco
Year Built 1979
Levels One
Property Subtype 1/2 Duplex
Tax Year 2025
Ownership Fee Simple
County Pasco
New Construction false
Property Type Residential
Subdivision Name TOWN OF NEW PORT RICHEY
Facing Direction North
Garage Y/N false
Total Rooms 12
Full Baths 8
Status Active
Directions From Main Street heading west turn left onto Grand Blvd then a right onto Missouri Ave. The property will be on your left.
City NEW PORT RICHEY
Senior Community Y/N false
MLS Area 34652 - New Port Richey
Lot Size Units Square Feet
Lot Size Square Feet 22651
Carport Y/N false
Listing Terms Cash Conventional Owner May Carry
Land Lease Y/N false
Tax Annual Amount 28459.23
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 8 9 10
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.
Minimum Lease 1 Month
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Kitchen/Family Room Combo Thermostat
Flooring Carpet Tile
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Other
Total Bedrooms 10
Total Baths 8
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Exterior
Exterior Amenities Awning(s) Lighting Sidewalk
Water Source Public
Lot Size Area 22651
Foundation Details Slab
Building Area Total 7586
Lot Size Acres 0.52
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
Number of Lots 1
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* Excluded Features
List By
Bhhs Florida Properties Group

Broker

ahamilton@bhhsflpg.com

Email

Affordability Calculator

$14,070
Per Month
83%
17%
0%
Monthly Principal & Interest
$11,699
Monthly Property Taxes
$2,372
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$1,900,000 Listed Price

Map


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5622-5640 MISSOURI AVE, New Port Richey, FL, 34652 is a Apartment for sale at $1,900,000 with 6,378 sqft and a lot size of 0.52. 5622-5640 MISSOURI AVE has 10 bedrooms, 8.0 baths, and was built in 1979. The property's zip code is 34652 which is in New Port Richey, FL