5117 MALLETT DRIVE Port Richey, FL $ 429,900
5117 MALLETT DRIVE
$ 429,900
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5117 MALLETT DRIVE

Port Richey, FL, 34668
$ 429,900
Bedrooms5 Baths4.0 Sq 1,928

Monthly Estimate*

$ 2,682

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Multi-Family Home for sale in Port Richey, FL

for $429,900 with 5 bedrooms and 4 full baths. This 1,928 square foot home was built in 1968 on a lot size of 0.24.

Great Investment Opportunity! FULLY RENTED - Currently bringing in $48K annually in rent! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing! The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner’s suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! - UNITS 1&2 CURRENTLY RENTED OUT! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile bathrooms, paint inside/out & new roof (2020). Plus, there is a storage room. Whether you're looking to expand your rental portfolio, live on-site and rent the rest, or house multiple generations, this property offers endless possibilities. Located in an ideal location, walk to Whiskey River on the water, plus there are other nearby restaurants such as Hooters & Crab Shack. Marinas, shopping & local boating hotspots such as Anclote Key & the Sandbar make it even more appealing! Schedule your showing today!

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Multi-Family Active

Price

$ 429,900

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,713

Style

Duplex

Lot Size

0.24

Year Built

1968

Town/City

Port Richey

County/Region

Pasco

MLS | Web ID

TB8405807

Features
Interior
Interior Amenities ceiling fan(s) open floorplan stone counters
Flooring ceramic tile luxury vinyl
Furnished Y/N partially
Air Conditioning Y/N yes
Heating Y/N yes
Fireplace Y/N no
Laundry Features other
Total Bedrooms 5
Total Baths 4
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General
Sewer public sewer
Heating wall units / window unit
Cooling mini-split unit(s)
Utilities electricity connected public sewer connected water connected
Roof shingle
Appliances electric water heater microwave range refrigerator
Zoning r2
Construction Materials block stucco
Year Built 1968
Property Subtype duplex
Tax Year 2024
Ownership fee simple
County pasco
New Construction no
Property Type residential income
HOA N
Subdivision Name behms sub
Garage Y/N no
Status active
Directions from hwy 19 take cedar lane to pier rd left on mallett dr property as at the end of the street on the right.
City port richey
Senior Community Y/N no
Number Of Units Total 3
MLS Area 34668 - port richey
Lot Size Units square feet
Lot Size Square Feet 10500
Carport Y/N no
Listing Terms cash conventional owner may carry
Land Lease Y/N no
Tax Annual Amount 4713.61
Additional Parcels Y/N no
Virtual Tour https://player.vimeo.com/video/1100609222?badge=0&autopause=0&player_id=0&app_id=58479%2fembed https://media.filmcrystalriver.com/5117-mallett-dr/idx
Building Area Units square feet
Living Area Units square feet
Standard Status active
Tax Lot a
Legal Description behms subdivision pb 3 pg 139 w 70 ft of n 150 ft of lot a
Water Access Y/N no
Additional Rooms storage rooms
Water View Y/N no
Flood Zone Code ae
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Exterior
Exterior Amenities lighting storage
Water Source public
Lot Size Area 10500
Foundation Details slab
Number of Buildings 1
Lot Size Acres 0.24
Road Surface Type paved
Private Pool no
Waterfront Y/N no
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Internal Only
Street Number 1 5117
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* Excluded Features
List By
Era American Suncoast Realty

Broker

WendySellsFloridaProperties@gmail.com

Email

Affordability Calculator

$3,075
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,682
Monthly Property Taxes
$393
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$429,900 -0.94% Price Down
10/29/2025$434,000 -0.23% Price Down
7/11/2025$435,000 Listed Price

Map


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5117 MALLETT DRIVE, Port Richey, FL, 34668 is a Multi-Family Home for sale at $429,900 with 1,928 sqft and a lot size of 0.24. 5117 MALLETT DRIVE has 5 bedrooms, 4.0 baths, and was built in 1968. The property's zip code is 34668 which is in Port Richey, FL