New Port Richey, FL 34652,5522 GULF DRIVE
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New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE
New Port Richey, FL 34652,5522 GULF DRIVE

$800,000

Est. payment /mo

$995,000

19.6%
Est.Price: ?

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5522 GULF DRIVE New Port Richey, FL 34652

4,218 SqFt

SOLD DATE : 08/02/2024

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 4,218 sqft

Price per Sqft $189

MLS Listing ID W7860861

Sold Date 08/02/24

Construction Status Financing

HOA Y/N No

Originating Board Stellar MLS

Year Built 1982

Annual Tax Amount $5,500

Lot Size 0.520 Acres

Acres 0.52

Property Description

With 9 years remaining on the lease contract, the new owner stands to benefit from rental income and annual increases upon assuming ownership. Currently renovated and tailored for use as a daycare, the building's adaptable design lends itself to a variety of potential uses.

Offering more than 30 parking spaces situated both at the front and rear of the property, accessibility is maximized for both tenants and visitors. Positioned on a corner lot, the property's strategic location facilitates circulation and enhances its inherent value.

Furthermore, the inclusion of a second parcel and a triple net lease structure provide additional advantages for prospective owners, ensuring ease of management and potential for robust returns. In summary, this property presents a lucrative investment opportunity with keys readily available for effortless acquisition.

Location

State FL

County Pasco

Interior

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Vinyl

Exterior

Garage Parking Spaces - 19 to 30, Over 30 Spaces

Utilities Available Electricity Available

Waterfront false

Roof Type Shingle

Parking Type Parking Spaces - 19 to 30, Over 30 Spaces

Building

Lot Description Corner Lot, Oversized Lot, Sidewalk, Paved

Entry Level One

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Block,Concrete,Stucco

New Construction false

Construction Status Financing

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by REALTY ONE GROUP ADVANTAGE
Bought with REAL BROKER, LLC

Edward Gibbs

Agent | License ID: 3499381

+1(813) 785-4002

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