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.
For sale
$299,900
5403 DRINKARD DRIVE, NEW PORT RICHEY, FL 34653
4beds
2baths
2,464sqft
Duplex, Multi Family
Built in 1984
-- sqft lot
$137,800 Zestimate®
$122/sqft
$-- HOA
What's special
- 3 days
- 265
- 30
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Michael Dumas 727-232-2192,
SANDPEAK REALTY 727-232-2192
Source: Stellar MLS,MLS#: W7889441
Originating MLS: West Pasco

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range
- Laundry: Inside
Features
- Eating Space In Kitchen
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 2,464 sqft
Video & virtual tour
Property
Parking
- Parking features: Common, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced
- Has view: Yes
- View description: City
Lot
- Size: 7,200 Square Feet
- Features: Corner Lot, City Lot
Details
- Parcel number: 162609015.000F.00013.0
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: OLD GROVE
HOA
- Has HOA: No
Location
- Region: New Pt Richey
Financial & listing details
- Price per square foot: $122/sqft
- Annual tax amount: $3,820
- Date on market: 9/21/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved, Asphalt
Estimated market value
$137,800
$102,000 - $181,000
$1,521/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Listed for sale | $299,900$122/sqft |
Source: | ||
| 11/26/2024 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/23/2024 | Listed for rent | $1,400+69.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2019 | Listing removed | $825 |
Source: Re/Max Marketing Specialists Report a problem | ||
| 5/30/2019 | Listed for rent | $825+3.1% |
Source: Re/Max Marketing Specialists Report a problem | ||
| 3/5/2018 | Listing removed | $800 |
Source: Zillow Rental Manager Report a problem | ||
| 12/22/2017 | Listed for rent | $800+6.7% |
Source: Owner Report a problem | ||
| 8/1/2017 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 7/29/2017 | Listed for rent | $750 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 34653
Nearby schools
Schools provided by the listing agent
- Elementary: Cotee River Elementary-PO
- Middle: Gulf Middle-PO
- High: Gulf High-PO
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






