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$600,000
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Property Description
Income-Producing Mixed-Use Property - 8% Cap Rate Rare investment opportunity on high-traffic US Highway 19 in New Port Richey! This well-located 1,430 SF commercial building features multiple permitted uses and includes five residential units totaling 1,764 SF - all leased on solid 12-month rental agreements. The property offers excellent cash flow with an 8% cap rate, strong long-term tenants, and outstanding visibility for future retail or office possibilities. Office building is currently vacant.
Full Property Details
Full Property Details for 7618 US Hwy 19
General
- Price: $600,000
- Taxes: $1,028 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: TB8412109
- Updated: 6/15/2026
- Added to Site: 274 day(s) ago
Location
- Area: 34652 - New Port Richey
- County: Pasco
- Development Name: 34652 - New Port Richey
- Subdivision: NEW PORT RICHEY ESTATES
- Driving Directions: US 19 Northbound, just south of the bridge at the Cotee River
Community
- Community Name: 34652 - New Port Richey
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
Structural Information
- # Buildings: 2
- Exterior Const.: Block, Stucco
- Square Feet: 3,194
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.62
- Lot Size (Sq. Ft.): 26,875
- Lot Size: 26875
- Lot Dimensions: 126 x 192
- Frontage: Highway
- Street/Road Desc.: Paved
Financial Considerations
- Tax Amount: $1,028
- Tax Year: 2025
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: None
- Legal Description: NEW PORT RICHEY ESTATES PB 3 PG 79 LOTS 27-30 INCL BLOCK C OR 9621 PG 1139
- Flood Zone Info: AE
- APN: 162532025.000C.00027.0
- Property ID: 162532025.000C.00027.0
- Block/Lot/Section: C
Listed by Century 21 Elite Locations, Inc
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Schools
Schools serving 7618 US Hwy 19
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Richey Elementary School 6850 Adams Street, New Port Richey, FL 34652 | K-5 | 1 mi |
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653 | 6-8 | 1.9 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7618 US Hwy 19
Date
Details
Price
Change
Source
6/15/2026
Price Reduced
$600,000
-7.69%
MLS
2/12/2026
Price Reduced
$649,999
-7.14%
MLS
10/29/2025
Listed
$699,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7618 US Hwy 19
7618 US Highway 19, New Port Richey, FL 34652 (MLS# TB8412109) is a Commercial property. 7618 US Highway 19 is currently listed for $600,000 and was received on October 29, 2025. Want to learn more about 7618 US Highway 19? Do you have questions about finding other Commercial 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.

