5403 Drinkard Drive, New Port Richey, FL 34653
Local realty services provided by:ERA American Suncoast
Listed by: michael dumas
Office: sandpeak realty
MLS#:W7889441
Source:MFRMLS
Price summary
- Price:$299,900
- Price per sq. ft.:$121.71
About this home
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....
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Home facts
- Year built:1984
- Subdivision & Development:OLD GROVE
- Listing ID #:W7889441
- Added:51 day(s) ago
- Updated:November 12, 2026 at 10:01 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Carpet, Vinyl
- Dining Description:Eat In Kitchen
- Kitchen Description:Eat-in Kitchen, Range
- Living area:2,464 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1984
- Building area:2,464 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Corner Lot, Paved
- Construction Materials:Block
- Exterior Features:Deck, Fence
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Gulf High-PO
- Middle school:Gulf Middle-PO
- Elementary school:Cotee River Elementary-PO
Utilities
- Water:Public, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$299,900
- Price per sq. ft.:$121.71
- Tax amount:$3,820 (2025)
Features and amenities
- Appliances:Range
- Laundry features:Inside
- Amenities:Eat-in Kitchen
- Pool features:Public Pool
Parking
- Parking description:Common, Driveway
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