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4954 BITNER STREET NEW PORT RICHEY FL 34652

$3,186,000

4954 BITNER STREET, NEW PORT RICHEY, FL 34652 - MLS#MFRW7885459

Zev Freidus

Broker / President

561-235-2161

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Overview of 4954 Bitner St

53 Bedrooms

40 Bathrooms

1 Car Garage

1,087 Square Feet

801SF Living Area

Pool:
Yes

Water: None

Year Built 1973

Listed For 1 Days

Don't miss this townhouse for sale in New Port Colony! New Port Colony | 36-unit multifamily investment | new port richey, fl | 10% cap rate. 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 their own laundry, all tucked right outside their door. There's a pool, shuffleboard, and a neighborhood feel that residents take pride in. Residents have the option to join the gulf harbors beach club one of the only private gulf-front beach clubs in the area for just $200 a year. It's a small cost that adds a lifestyle element most apartment communities simply can't offer. Day-to-day living is easy. Groceries, restaurants, shopping, and medical facilities are all close by, which matters a great deal to the 55+ residents who call this place home. The 55+ demographic is one of the most stable tenant bases in residential real estate low turnover, consistent payment history, and genuine pride of residency. New Port Colony reflects all of that. Strong returns, updated units, a private garage, and a beach club down the road.

This luxury townhouse was built in 1973 and features 53 bedrooms, and 40 full bathrooms. This townhouse for sale is 1,087 square feet, with 801 sq ft being air conditioned living space. The townhouse has a 1 car garage and has a private swimming pool.

Directions to this property are as follows: Us 19 West Marine. Right On Parkway.

Please contact your ZFC agent for more information about MLS# MFRW7885459 or any other townhouses for sale in New Port Richey or elsewhere in the Pasco County area.

Features & Amenities

Appliances

Dryer, Refrigerator, Washer

Cooling

Central Air

Heating

Central

Flooring

Carpet, Ceramic Tile, Tile

View

view

Construction Materials

Block, Stucco

Interior Features

Ceiling Fans(s)

Furnished

Unfurnished

Exterior Features

Other

Pool Features

Indoor

Roof

Shingle

Utilities

Cable Available, Cable Connected

Laundry

Inside

Zoning

M F1

Year Built

1973

Pets Allowed

Dogs O K, Yes

Annual Real Estate Taxes

$1,080 (2025)

Legal Description

New Port Colony Fifth Way Unrec Plat Pcl 1016 Block 25 Desc As:com At Se Cor Of Sec Th N01deg21'15"e 1641.91 Ft Th S89deg56' 13"w 224.57 Ft Th N00deg03' 47"w 168.65 Ft For Pob Th N89deg38' 45"w 28 Ft Th N00deg21' 15"e 22.67 Ft Th S89 Deg38' 45"e 13.3 3 Ft Th N00deg 21' 15"e 13.33 Ft Th S89deg38' 45"e 28 Ft Th S00deg21' 15"w 13.33 Ft Th N89deg38' 45"w 13.33 Ft Th S00deg21' 15"w 22.67 Ft To Pob (x)

Property Type

Townhouse

HOA Fees

$308 /Monthly

Association Amenities

Maintenance

Community Features

Buyer Approval Required, Pool

Age Restricted

Yes

Direction Faces

North

MLS Number

MFRW7885459

Universal Property Id

U S-12101-N-162607014025010160-R-N

Days On Market

Community Name

New Port Colony

Property Manager

Nick Toucton

4954 Bitner Street Price Calculator

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The payment calculator figures for 4954 Bitner St should be used as an estimate only. Loan terms including interest rate, and required downpayment will vary with each lender and/or individual. RE taxes for this townhouse for sale are estimated based on the actual property taxes for this property for the tax year 2025 which are $1,080 but will likely change when this townhouse sells. These estimations are calculated from a list price of $3,186,000 and a 25% down payment and do not include homeowners insurance which will vary greatly depending on the townhouse characteristics and location.

Recent Townhouse Sales near 4954 Bitner Street

Address Sale Price Bed Bth Size Location Sale Date

No comps found for this property

MLS# MFRW7885459 Listing History

05/04/2026 Listed for sale by RE/MAX MARKETING SPECIALISTS with MLS# MFRW7885459 with a list price of $3,186,000.

Pasco County Schools

Elementary School

Richey Elementary School

Middle School