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5403 DRINKARD DRIVE

Multi-family For Sale
$299,900

BTC: 3.60716863

ETH: 113.16981132

6 days
4 bds
2,464 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
Common / Driveway
Year Built:
1984
Lot:
0.17 Acres
Heating:
Central / Electric
Price/sqft:
$122
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$3,820
2025
View
City
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Range

    Other interior features

    • Eating Space In Kitchen

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Parking

    • Common

    • Driveway

    Property

    • Levels: One

    • Exterior Features: Fenced

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 162609015.000F.00013.0

    • Zoning: R3

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,820

  • Source details

    • MLS ID: W7889441

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Corner Lot / City Lot

    • Patio And Porch Features: Deck

    • Living Area: 2464

    • Water Source: Public

    • Subdivision Name: OLD GROVE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: SANDPEAK REALTY