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For sale
  • $299,900

    5403 DRINKARD DRIVE, NEW PORT RICHEY, FL 34653

    4beds
    2baths
    2,464sqft
    : 
    $2,122/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1984
    -- sqft lot
    $137,800 Zestimate®
    $122/sqft
    $-- HOA

    What's special

    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.
    3 days
    263
    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#: W7889441MLS LogoOriginating 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

        DateEventPrice
        9/21/2026Listed for sale$299,900$122/sqft
        Source: Stellar MLS #W7889441 Report a problem
        11/26/2024Listing removed$1,400$1/sqft
        Source: Zillow Rentals Report a problem
        11/23/2024Listed for rent$1,400+69.7%$1/sqft
        Source: Zillow Rentals Report a problem
        6/3/2019Listing removed$825
        Source: Re/Max Marketing Specialists Report a problem
        5/30/2019Listed for rent$825+3.1%
        Source: Re/Max Marketing Specialists Report a problem
        3/5/2018Listing removed$800
        Source: Zillow Rental Manager Report a problem
        12/22/2017Listed for rent$800+6.7%
        Source: Owner Report a problem
        8/1/2017Listing removed$750
        Source: Owner Report a problem
        7/29/2017Listed 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34653

        Getting around

        32 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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