NEW PRICE! Exceptional Income-Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side-by-side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether you’re an investor seeking a high-demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully designed living space. A functional open-concept layout with high ceilings and recessed lighting seamlessly connect the living and dining areas. Designed with comfort and accessibility in mind, the kitchen features a breakfast bar, newer appliances and a laundry closet with washer/dryer. The guest bedrooms are generously sized and share a hallway bathroom, while the primary suite has a large walk-in closet and en-suite bathroom. This unique layout of two homes under one roof is suitable for a wide range of living needs including multigenerational living or a private mother-in-law suite. Step outside to enjoy the fully fenced backyard, including a separate privacy fence dividing each unit, allowing residents to enjoy their own outdoor space or even store their RV! One unit is currently tenant-occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions, two NEWER AC units and is situated outside of a flood zone. Located just minutes from US-19, this home has quick access to major commuting routes, shopping, dining, and the vibrant downtown district, making it highly desirable for both homeowners and tenants. Schedule your private showing today!
For sale
Price cut: $25.7K (6/4)
$499,900
5940 & 5934 Meadowlane St, New Pt Richey, FL 34652
6beds
4baths
2,518sqft
Duplex, Multi Family
Built in 2006
-- sqft lot
$482,800 Zestimate®
$199/sqft
$-- HOA
What's special
Brand new roofNewer appliancesHigh ceilingsFunctional open-concept layoutRecessed lightingFully fenced backyard
- 109 days |
- 710 |
- 51 |
Zillow last checked:
Listing updated:
Listed by:
Tara Cline 814-449-7875,
COASTAL LUXURY REALTY 727-742-3678
Source: Stellar MLS,MLS#: TB8484287
Originating MLS: Suncoast Tampa

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
- Laundry: In Kitchen, Laundry Closet
Features
- Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
- Flooring: Ceramic Tile, Luxury Vinyl
- Windows: Window Treatments
- Has fireplace: No
Interior area
- Total interior livable area: 2,518 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, Off Street, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Private Yard, RV Hookup
- Fencing: Fenced
Lot
- Size: 7,500 Square Feet
Details
- Parcel number: 0826160250033010030
- Zoning: MF1
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Block, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Public, Water - Multiple Meters
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: CRAFTS SUB
HOA
- Has HOA: No
Location
- Region: New Pt Richey
Financial & listing details
- Price per square foot: $199/sqft
- Annual tax amount: $4,315
- Date on market: 3/12/2026
- Cumulative days on market: 110 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Lease term: 12 Months
- Total actual rent: 1950
- Tenant pays: Electricity, Water
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$482,800
$459,000 - $507,000
$1,673/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $499,900-4.9%$199/sqft |
Source: | ||
| 4/8/2026 | Price change | $525,600-4.3%$209/sqft |
Source: | ||
| 3/12/2026 | Listed for sale | $549,000$218/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/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: Schwettman Oaks
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 0.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Pasco County
- New Port Richey
- 34652
- Schwettman Oaks
- 5940 & 5934 Meadowlane St







