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$385,000
4 Beds 3 Baths TB8538219 MLS
Exceptional Turnkey Investment Opportunity! Start generating income from day one with this 100% occupied, income-producing triplex featuring established tenants and immediate rental income at closing. This well-maintained property is a valuable addition to any investment portfolio, offering stable cash flow, low-maintenance ownership, and excellent long-term appreciation potential in one of Pasco County's most desirable rental markets. Each unit offers a private, fully fenced backyard—a highly desirable feature that enhances tenant appeal, privacy, and long-term retention. Located in a No Flood Zone, the property remained high and dry during recent storms, providing added peace of mind and reducing potential ownership concerns. Ideally situated just minutes from US-19, shopping, dining, medical facilities, Gulf beaches, parks, and major commuter routes, this prime location continues to attract strong rental demand and quality tenants. Whether you're a seasoned investor, expanding your rental portfolio, or completing a 1031 exchange, this turnkey triplex offers immediate cash flow with minimal hassle. Fully leased, well maintained, and positioned in a high-demand rental area, opportunities like this are rare. Don't miss your chance to own a proven incomeproducing asset—schedule your private showing today!

5513 Oceanic Road, Holiday

Listing courtesy of EXP REALTY LLC. 866-308-7109

$2,800,000
53 Beds 40 Baths W7885450 MLS
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 air. And here's what really sets this property apart: all 36 units have their own private garage — washer/dryer hookups in the garage of each unit. Residents get their own parking and their own laundry, all tucked right outside their door. There's a pool, shuffleboard, and a neighborhood feel that residents take pride in. Residents have the option to join the Gulf Harbors Beach Club — one of the only private Gulf-front beach clubs in the area — for just $200 a year. It's a small cost that adds a lifestyle element most apartment communities simply can't offer. Day-to-day living is easy. Groceries, restaurants, shopping, and medical facilities are all close by, which matters a great deal to the 55+ residents who call this place home. The 55+ demographic is one of the most stable tenant bases in residential real estate — low turnover, consistent payment history, and genuine pride of residency. New Port Colony reflects all of that. Strong returns, updated units, a private garage, and a beach club down the road.

4954 Bitner Street, New Port Richey

Listing courtesy of RE/MAX MARKETING SPECIALISTS. 727-853-7801

$380,000
TB8490496 MLS
Welcome to 38313 Tucker Rd in Zephyrhills, a well-maintained, income-producing property offering three distinct units—a duplex plus a separate mobile home—perfect for investors or owner-occupants looking to maximize rental potential. This versatile property features: • Unit 1 (Apt 1): A stylish 1 bedroom, 1 bathroom duplex unit with tile flooring throughout and a beautifully updated kitchen featuring stainless steel refrigerator, white shaker cabinetry, granite countertops, tile backsplash, and a flat-top range. The bathroom also showcases granite finishes. Two window A/C units provide efficient cooling. • Unit 2 (Apt 2): A spacious 2 bedroom, 1 bathroom unit with an additional flex office space (no closet), ideal for remote work or extra storage. Recently updated with fresh interior paint, a mix of laminate and tile flooring, an upgraded kitchen with tile backsplash, and central A/C. This unit also includes access to a private storage shed. • Unit 3 Mobile Home (Apt 3): A comfortable 2 bedroom, 1 bathroom unit featuring a bright, open living area, laminate flooring, and a functional kitchen with ample cabinetry. Equipped with both a wall A/C unit and mini-split system for added comfort, plus garage access for additional storage. The fully fenced property offers privacy, ample on-site parking, and a quiet residential setting. Ideally located just minutes from shopping, dining, medical facilities, and Zephyr Park, with convenient access to Gall Blvd, SR-54, and US-301 for easy commuting throughout Pasco County. With strong rental appeal and multiple income streams, this property presents an excellent opportunity to expand your portfolio. Owner covers well electricity, lawn care, and trash service; tenants pay their own electric.

38313 Tucker Road, Zephyrhills

Listing courtesy of DENNIS REALTY & INV. CORP.. 813-949-7444

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