HomeProperty Search
Buyers
Sellers
Investors
Areas
About
ActivePrice improved $386,000112 days on market
$2,800,000$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

Open houses

No open houses scheduled.

Can't make it? Request a private showing.

The details

StatusActive
MLS #MFRW7885450
Property typeTriplex
Year built1973
Living area801 sq ft
Price per sq ft$3496
HOA$308 / monthly
CDDNo
Taxes$1,080 (2025)
Garage1-car
StoriesOne
Days on market112
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.

Where you'd be
NEW PORT COLONY, Florida

NEW PORT RICHEY · Pasco County

MLS# MFRW7885450Listing courtesy of RE/MAX MARKETING SPECIALISTSLast updated Aug 24, 2026, 1:23 PM
$2,800,0004954 BITNER ST · NEW PORT RICHEY
TourAsk