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5318, 5320, 5324 CEDAR LANE New Port Richey, FL $ 550,000
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5318, 5320, 5324 CEDAR LANE
$ 550,000
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5318, 5320, 5324 CEDAR LANE

New Port Richey, FL, 34652
$ 550,000
Baths0.0 Sq 1,960

Monthly Estimate*

$ 3,386

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View a Virtual Tour
Studio

Multi-Family Home for sale in New Port Richey, FL

for $550,000. This 1,960 square foot home was built in 1979 on a lot size of 0.22.

Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.

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Multi-Family Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,937

Style

Triplex

Lot Size

0.22

Year Built

1979

Town/City

New Port Richey

County/Region

Pasco

MLS | Web ID

W7883374
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Zoning R1
Construction Materials Block
Year Built 1979
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Gross Income 48600
County Pasco
New Construction false
Property Type Residential Income
Subdivision Name NEW PORT RICHEY ESTATES
Garage Y/N false
Status Active
Directions From US Highway 19 turn directly onto Cedar Lane and continue to property on right hand side.
City NEW PORT RICHEY
Senior Community Y/N false
Number Of Units Total 3
MLS Area 34652 - New Port Richey
Lot Size Units Square Feet
Lot Size Square Feet 9687
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 3937.84
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7883374
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 13
Total Actual Rent 4050
Legal Description NEW PORT RICHEY ESTATES PB 3 PG 79 BLOCK D LOTS 12 & 13 EXC EAST 25.00 FT OF LOT 13
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE
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Interior
Interior Amenities Thermostat
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room
Total Bedrooms 0
Total Baths 0
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Exterior
Exterior Amenities Fenced Lighting
Water Source Public
Lot Size Area 9687
Foundation Details Block
Number of Buildings 1
Lot Size Acres 0.22
Road Surface Type Asphalt
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Treasure Hunting Llc

Broker

ssabo0509@gmail.com

Email

Affordability Calculator

$3,715
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$328
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/25/2026$550,000 Listed Price

Map

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5318, 5320, 5324 CEDAR LANE, New Port Richey, FL, 34652 is a Multi-Family Home for sale at $550,000 with 1,960 sqft and a lot size of 0.22. 5318, 5320, 5324 CEDAR LANE is a studio with 0.0 baths and was built in 1979. The property's zip code is 34652 which is in New Port Richey, FL

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