9715 Palm Ave - Apartments FOR SALE


Port Richey, FL 34668- Jasmine Estates
$1,300,000 USD
813-810-2709
9715 Palm Ave, Port Richey, FL for Sale
$1,300,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

9715 Palm Ave
Port Richey, FL 34668
Jasmine Estates


OVERVIEW

*Please do not enter the property w/o an Apt.* 9715 Palm Ave is a fully occupied 7-unit multifamily property located just off the busy US-19 Retail Corridor in Port Richey, FL. Each residence features a desirable 2BR/2BA layout with efficient floor plans and private parking, delivering a straightforward, low-maintenance operation supported by strong tenant demand. The property’s clean curb appeal, practical unit mix, and stable occupancy make it ideal for a durable, cash-flowing hold. Investors may also unlock value-add upside through light interior upgrades, professional expense optimization, and ancillary income opportunities (pet rent, parking fees, etc.). The location benefits from consistent renter demand fueled by nearby retail, healthcare, and service-sector employers across Pasco County. Surrounded by significant redevelopment — including Gulf View Square Mall’s planned 400+ residential units, Downtown New Port Richey’s revitalization, and HCA Bayonet Point Hospital’s expansion — the submarket is positioned for continued growth and long-term appreciation. Regional Access & Lifestyle Proximities Walking distance ? Gulf View Square Mall 10 min ? Historic Downtown New Port Richey 15 min ? Tarpon Springs Sponge Docks 30–40 min ? MLB Spring Training (Yankees, Phillies, Blue Jays) 35 min ? Tampa Premium Outlets 40 min ? Clearwater & Indian Shores beaches 40 min ? Raymond James Stadium (Tampa Bay Buccaneers) 45 min ? Tampa International Airport

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$172 USD /SF

# OF UNITS

7

PRICE/UNIT

$185,714

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.66 AC

LAND SF

115,870 SF

ZONING

MF2

APN/PARCEL ID

21-25-16-0010-00900-0030

ASK ABOUT THIS PROPERTY

Alberto MagliozziMRG Realty PartnersMore Info
813-810-2709

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Alberto MagliozziMRG Realty PartnersMore Info
813-810-2709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.