5403 DRINKARD DRIVE New Port Richey, FL $ 299,900
5403 DRINKARD DRIVE
$ 299,900
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5403 DRINKARD DRIVE

New Port Richey, FL, 34653
$ 299,900
Bedrooms4 Baths2.0 Sq 2,464

Monthly Estimate*

$ 1,894

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

for $299,900 with 4 bedrooms and 2 full baths. This 2,464 square foot home was built in 1984 on a lot size of 0.17.

DUPLEX OPPORTUNITY MINUTES FROM DOWNTOWN NEW PORT RICHEY! Offered at just $299,900, this concrete-block duplex presents a compelling opportunity for investors, owner-occupants and buyers looking to build long-term rental income. The property features two separate 2-bedroom, 1-bath units, and BOTH ARE CURRENTLY VACANT, giving the next owner the freedom to renovate, select tenants and establish rents without inheriting existing leases. With approximately 2,464 total square feet, there is plenty of room and plenty of potential. Unit 5403 is currently in better overall condition, while Unit 5409 provides additional value-add opportunity through updating and improvements. The property is dated, but that is exactly where the upside lies. Renovate both units for your rental portfolio, live in one side while renting the other, or improve the property over time as part of a long-term investment strategy. Comparable 2-bedroom rentals in the surrounding New Port Richey market demonstrate strong rental potential, while the location puts residents just minutes from Downtown New Port Richey's restaurants, shopping, parks, entertainment and community events. Two units. Both vacant. Approximately 2,464 square feet. $299,900. Bring your vision and take advantage of an increasingly hard-to-find multifamily opportunity in the heart of New Port Richey.

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Multi-Family Active

Price

$ 299,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,820

Style

Duplex

Lot Size

0.17

Year Built

1984

Town/City

New Port Richey

County/Region

Pasco

MLS | Web ID

W7889441

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Electricity Connected Public Sewer Connected Water Connected
Roof Shingle
Appliances Range
Zoning R3
Patio/Porch Features Deck
Construction Materials Block
Pets Allowed Yes
Year Built 1984
View City
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
County Pasco
New Construction false
Property Type Residential Income
Subdivision Name OLD GROVE
Garage Y/N false
Status Active
Directions From US 19 East on Gulf Drive South on Madison. East on Warren Ave. On Corner of Warren and Drinkard
High School Gulf High-PO
City NEW PORT RICHEY
Senior Community Y/N false
Number Of Units Total 2
MLS Area 34653 - New Port Richey
Lot Size Units Square Feet
Lot Size Square Feet 7200
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Cotee River Elementary-PO
Property Attached Y/N true
Land Lease Y/N false
Tax Annual Amount 3820.23
Middle/Junior High School Gulf Middle-PO
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7889441
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 13
Legal Description OLD GROVE-2 MB 2 PG 69 LOT 13 BLK F RB 1055 PG 585 OR 8543 PG 718
Minimum Lease No Minimum
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE*
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Interior
Interior Amenities Eating Space In Kitchen
Flooring Carpet Vinyl
Furnished Y/N Unfurnished
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Total Bedrooms 4
Total Baths 2
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Exterior
Exterior Amenities Fenced
Parking Features Common Driveway
Lot Features Corner Lot City Lot
Water Source Public
Lot Size Area 7200
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.17
Road Surface Type Paved Asphalt
Private Pool false
Waterfront Y/N false
Road Frontage Type Street Paved
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* Excluded Features
List By
Sandpeak Realty

Broker

mike@sandpeakrealty.com

Email

Affordability Calculator

$2,212
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$318
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
0 Elementary School
0 Middle School
Gulf High-PO High School High School
Pricing History
DatePricePrice ChangeDescription
9/21/2026$299,900 Listed Price

Map


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5403 DRINKARD DRIVE, New Port Richey, FL, 34653 is a Multi-Family Home for sale at $299,900 with 2,464 sqft and a lot size of 0.17. 5403 DRINKARD DRIVE has 4 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 34653 which is in New Port Richey, FL