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Homes/NEW PORT RICHEY/NEW PORT COLONY
ActivePrice improved $386,000120 days on market
$2,800,000$3,186,000

4954 BITNER STNEW PORT RICHEY, FL 34652NEW PORT COLONY · Villa

53Beds
40Baths
801Sq ft
1-carGarage
1973Built

About this home

New Port Colony | 36-Unit Multifamily Investment | New Port Richey, FL | Turnkey multifamily investment. This 36-unit, 55+ community in New Port Richey, Florida is generating a 10% cap rate. 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 thei…

Description as provided by the listing brokerage.

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The details

StatusActive
MLS #MFRW7885459
Property typeVilla
Year built1973
Living area801 sq ft
Price per sq ft$3496
HOA$308 / monthly
CDDNo
Taxes$1,080
Garage1-car
Days on market120
CountyPasco
Flood zoneAE (verify)
ListedMay 3, 2026

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# MFRW7885459Listing courtesy of RE/MAX MARKETING SPECIALISTSLast updated Sep 1, 2026, 1:05 PM

Based on information submitted to the MLS GRID as of Sep 1, 2026, 5:05 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Offer of compensation is made only to participants of the MLS where the listing is filed.

This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

$2,800,0004954 BITNER ST · NEW PORT RICHEY
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