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House For Sale
$199,000

BTC: 3.13299484

ETH: 104.59151495

7 days
5 bds
4 ba
1,264 sqft

Overview

Investor Opportunity! Cash Flow property in New Port Richey Florida. Two separate homes with two addresses on one parcel. Strong rental demand area. Established rental income already in place. No HOA fees NO LOT rent. Low annual taxes and low overhead expenses. City water with septic system. Separate electric meters. Long-term investment potential. Affordable housing market continues to grow in Pasco County. Hard-to-find multi unit set up not easily duplicated today. Excellent opportunity for investor, cash-flower buyer, or owner, investor. Property includes: 3 bedroom/ 2 bath mobile home plus 2 bed 2 bath mobile , one tax parcel with 2 income producing units. 5820 and 5824 OLIVE DR New Port Richey, FL owned land, no lot rent! 2 separate tenants in place. Clean updated interiors, washer/dryers stable tenants, large parking area.

Location

Florida • NEW PORT RICHEY • 34652 • House • For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1971
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$157
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$250,000
$169K – $337K
Confidence Low
List vs. estimate
$51K below estimate
List $199,000 · -20.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$157
-26.9% vs. city median $215
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,050
2025
All facts and features

  • Flooring

    • Laminate

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Private Entrance / Private Mailbox / Private Yard

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 162532048.0005.00002.0

    • Zoning: R1MH

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Mobile Home

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $1,051

  • Source details

    • MLS ID: TB8532818

    Other facts

    • Construction Materials: Metal Siding

    • Foundation Details: Pillar/Post/Pier

    • Laundry Features: Inside

    • Direction Faces: East

    • Living Area: 1264

    • Water Source: Public

    • Subdivision Name: VENSETTA PARK

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
34652
482
median $244K
Active
Same city
NEW PORT RICHEY
1,150
median $259K
Active
Same type
House
625
median $337K
Active
Similar price
$139K – $258K
262
median $209K
Active

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: STAR BAY REALTY CORP.