5522 Gulf Drive, New Port Richey, FL 34652 - Photo 1

1/1

$800,000

Sold
Closed
Business

1/1

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.

Full Property Details

Full Property Details for 5522 Gulf Dr

General

Sold For: $800,000
Taxes: $5,500 (2022)
Status: Closed
Type: Business
Source: MidFloridaRegionalMLS
MLS ID: W7860861
Added to Site: 721 day(s) ago

Rental Information

Complex Features: Bathrooms, Fencing, Kitchen Facility, Other, Reception, Waiting Room

Interior

Flooring: Carpet, Vinyl

Parking

Parking Features: 19 to 30 Spaces, Over 30 Spaces

Location

Area: 34652 - New Port Richey
County: Pasco
Development Name: 34652 - New Port Richey
Driving Directions: US-19, Port Richey, FL 34668, Turn right at the 1st cross street onto US-19 S. Turn left onto Gulf Dr, Turn right onto Crafts St, Turn left

Community

Community Name: 34652 - New Port Richey

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central, Electric

Utilities

Utility Description: Electricity Available

Structural Information

# Buildings: 1
Exterior Const.: Block, Concrete, Stucco
Roof: Shingle
Stories/Levels: One
Square Feet: 4,218
Sq. Ft. Source: Public Records
Living Area: 4,218 Sq. Ft.
Year Built: 1982

Lot Features

Lot Size (Acres): 0.52
Lot Size (Sq. Ft.): 22,520
Lot Size: 22520
Frontage: Street Paved, City Street
Street/Road Desc.: Paved, Asphalt

Financial Considerations

Tax Amount: $5,500
Tax Year: 2022

Disclosures and Reports

Ownership: Corporation
Special Conditions: None
Legal Description: CRAFTS 2 PB 2 PG 36 LOTS 4 TO 6 INCL OR 1171 PG 583
Flood Zone Info: X
APN: 826160230000000040
Property ID: 826160230000000040

Listed by Realty One Group Advantage
Sold by Real Broker, Llc

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Schools

Schools serving 5522 Gulf Dr

School District:Pasco County School District

Name	Grades	Distance
Richey Elementary School 6850 Adams Street, New Port Richey, FL 34652	K-5	1.3 mi
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653	6-8	1 mi
Gulf High School 5355 School Road, New Port Richey, FL 34652	9-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5522 Gulf Dr

Date

Details

Price

Change

Source

8/02/2024

Sold

$800,000

-19.6%

MLS

1/30/2024

Listed

$995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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4
Beds
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Total Baths
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Beds
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Beds
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Total Baths
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5522 Gulf Drive, New Port Richey, FL 34652 (MLS# W7860861) is a Business property that was sold at $800,000 on August 02, 2024. Want to learn more about 5522 Gulf Drive? Do you have questions about finding other Business real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.

5522 Gulf Dr New Port Richey, FL 34652