FL
Pasco
NEW PORT RICHEY
34653
5403 DRINKARD DRIVE
5403 DRINKARD DRIVE, NEW PORT RICHEY, FL 34653
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Listing Type
Multi Family
Listing Status
Active
38
$299,900

Home Details for 5403 DRINKARD DRIVE

Price
$299,900
Type
Residential Income
Bedrooms
4
Total Bathrooms
2
Square feet
2464
Year built
1984
Lot size acres
0.17
County
Pasco
MLS Listing#
W7889441
Property Description

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.

Property Features
  • Utilities
    • Electricity Connected
    • Sewer Connected
    • Water Connected
  • Heating Information
    • Central
    • Electric
  • Parking
    • Common
    • Driveway
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • House Interior
    • Eat-in Kitchen
School Information
School Information for 5403 DRINKARD DRIVE, NEW PORT RICHEY, FL 34653
Elementary School
Cotee River Elementary-PO
Middle School
Gulf Middle-PO
High School
Gulf High-PO
Listing Courtesy: SANDPEAK REALTY - 727-232-2192
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.
Last Updated: 2026-09-21 17:40:10
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EXIT ELITE REALTY
13911 N. Dale Mabry Hwy Suite #201, Tampa, FL 33618
Office
813 835 0000
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