Active6201 RIDGE ROAD
PORT RICHEY, FL 34668
About this home
Prime investment opportunity to acquire a 95% occupied commercial plaza in Pasco County, Florida. The property consists of six units, with stable in-place income. This asset requires no immediate capital improvements, 7.65% Cap rate, a new shingle roof (2025), HVAC systems all under three years old, and a recently resurfaced parking lot (completed 2/2026). Current effective NOI is $65,000, Pro Forma NOI $71,000. Potential Income improvements by 2/2027. Only 570 sf unoccupied of total 4777sf available.
Facts & features
Interior
- Living area
- 4,776 sqft
- Cooling
- Central Air, Mini-Split Unit(s)
- Stories
- 1
Exterior & lot
- Lot size
- 20,199 sqft (0.46 ac)
- Construction
- Block, Stucco
Financial
- Annual tax
- $6,430 (2025)
- Price / sqft
- $188/sqft
Utilities
- Utilities
- BB/HS Internet Capable, Electricity Available, Phone Available, Public
Property
- Property type
- Single Family
- Year built
- 1981
- Subdivision
- PORT RICHEY ACRES
- County
- Pasco
Listing
- Status
- Active
- Days on market
- 76 days
- MLS #
- MFR789237451
- Source
- Stellar MLS
Listed by Ken Mullen, JR · THE ELITE REALTY EXPERIENCE
Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.
Estimate your monthly cost
PITI + HOA- Principal & interest
- $4,551/mo
- Property tax
- $536/mo
- Home insurance
- $200/mo
Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own 2025 bill. Insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.
Ask about this property
Answered from this listing’s own figures and the sales around it.
Price history
From the property’s MLS record.
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 15, 2026 | Price reduced | $900,000 | −$75,000 |
| Apr 30, 2026 | Listed | $975,000 | — |
Neighbourhood
The schools below come from the MLS record for this home. Walking, transit and cycling figures for PORT RICHEY, FL are not connected yet, so this page does not show them.
Location
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