Waterfront opportunity on the scenic Pithlachascotee River—this is all about the land and location. Situated on a quiet street, this rare property features a deep, oversized lot that extends directly to the river with Gulf access, offering endless potential for outdoor living, expansion, or future value. The home itself is a true Old Florida original, uniquely constructed with interior and exterior accent walls made from authentic stones sourced from the Pithlachascotee River. Distinctive architectural details like curved glass windows and castle-like angles give it undeniable character. Inside, you’ll find a bright, creatively designed layout with generously sized bedrooms, a comfortable great room, and a kitchen highlighted by a curved bay window with views out to the River. A detached garage provides ample space for storage or a workshop. Whether you’re looking to enjoy it as-is or capitalize on the incredible waterfront lot, this is a rare chance to secure a prime piece of riverfront property at a compelling price point. NEWER ROOF (2020) UPDATED PANEL (2018) NEW WATER HEATER (2023)
For sale
Price cut: $10K (5/19)
$324,900
5651 Monroe St, New Port Richey, FL 34653
2beds
1,256sqft
Single Family Residence
Built in 1941
0.48 Acres Lot
$307,100 Zestimate®
$259/sqft
$-- HOA
What's special
Generously sized bedroomsBright creatively designed layoutQuiet streetComfortable great room
- 57 days |
- 557 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
John Brokalakis 727-403-9788,
FUTURE HOME REALTY 800-921-1330
Source: Stellar MLS,MLS#: W7885045
Originating MLS: West Pasco

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Utility Room
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Propane
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area, Inside
Features
- Eating Space In Kitchen, Living Room/Dining Room Combo
- Flooring: Carpet, Ceramic Tile, Linoleum, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,704
- Total interior livable area: 1,256 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Workshop in Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: None
- Has view: Yes
- View description: Trees/Woods, Water, River
- Has water view: Yes
- Water view: Water,River
- Waterfront features: River Front, River Access, Bridges - Fixed
- Body of water: PITHLACASCOTEE RIVER
Lot
- Size: 0.48 Acres
- Features: Flood Insurance Required
Details
- Parcel number: 1626090170000000040
- Zoning: R3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other, Stone
- Foundation: Block, Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1941
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: ARTHUR GIBSONS SUB
HOA
- Has HOA: No
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $223,405
- Annual tax amount: $3,819
- Date on market: 4/22/2026
- Cumulative days on market: 81 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$307,100
$292,000 - $322,000
$1,799/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2026 | Price change | $324,900-3%$259/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $334,900-4.3%$267/sqft |
Source: | ||
| 4/9/2026 | Listing removed | $349,900$279/sqft |
Source: | ||
| 3/17/2026 | Listed for sale | $349,900$279/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,752 +5.2% | $198,682 +3% |
| 2023 | $3,566 +13.6% | $192,920 +9.1% |
| 2022 | $3,139 +8% | $176,754 +11% |
| 2021 | $2,907 +120% | $159,203 +74.2% |
| 2020 | $1,321 +6.6% | $91,400 +2.3% |
| 2019 | $1,240 | $89,350 +1.9% |
| 2018 | $1,240 +2.7% | $87,686 |
| 2017 | $1,207 +1.7% | $87,686 +4.2% |
| 2016 | $1,186 +1.9% | $84,116 +0.7% |
| 2015 | $1,164 +1.2% | $83,531 -30.8% |
| 2014 | $1,151 | $120,762 +2.8% |
| 2013 | -- | $117,487 +8% |
| 2012 | -- | $108,821 -16.8% |
| 2011 | -- | $130,771 -0.8% |
| 2010 | -- | $131,773 -1.9% |
| 2009 | -- | $134,347 -37.6% |
| 2008 | -- | $215,226 -12.9% |
| 2007 | -- | $247,157 +1.4% |
| 2006 | -- | $243,648 +16.7% |
| 2005 | -- | $208,776 +58.8% |
| 2004 | -- | $131,435 +26.3% |
| 2003 | -- | $104,097 -0.8% |
| 2002 | -- | $104,910 +24.6% |
| 2000 | -- | $84,202 |
| 1999 | -- | $84,202 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: East Madison
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Pasco County
- New Port Richey
- 34653
- East Madison
- 5651 Monroe St







