5403 DRINKARD DRIVE,New Port Richey,Pasco,FL, 34653, Residential Income, 4, 2, 82541da1a7acbca79ab79e9a7ba2cc89, W7889441,5403 or DRINKARD

$299,900
5403 DRINKARD DRIVE, NEW PORT RICHEY, OLD GROVE
Active

Overview

  • Updated On:
  • September 22, 2026
  • 4 Bedrooms
  • 2,464 ft2

Description

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.

Address: 5403 DRINKARD DRIVE
Area:
State/County:
Zip: 34653
Country: United States

Property Id: 100361733
Price: $299,900
Property Size: 2,464 ft2
Property Lot Size: 0 ft2
Bedrooms: 4
Construction Materials: Block
Contract Status Change Date: 2026-09-21
Cooling: Central Air
Cumulative Days On Market: 1
Days On Market: 1
Directions: From US 19, East on Gulf Drive, South on Madison. East on Warren Ave. On Corner of Warren and Drinkard
ElementarySchool: Cotee River Elementary-PO
Flooring: Carpet, Vinyl
FoundationDetails: Slab
Furnished: Unfurnished
Heating: Central, Electric
HighSchool: Gulf High-PO
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
InternetConsumerCommentYN: 1
InternetEntireListingDisplayYN: 1
LaundryFeatures: Inside
LeaseConsideredYN: 1
Levels: One
ListAOR: West Pasco
ListAgentAOR: West Pasco
ListAgentEmail: mike@sandpeakrealty.com
ListAgentFullName: Michael Dumas
ListAgentKey: 30dd22aeecf6cde869bb2797e9b33a41
ListAgentMlsId: 285511199
ListAgentPreferredPhone: 727-232-2192
ListOfficeKey: f9d4604e01f80897faa0de5f036ee7c1
ListOfficeMlsId: 285513723
ListOfficeName: SANDPEAK REALTY
ListOfficePhone: 727-232-2192
ListingContractDate: 2026-09-21
ListingId: W7889441
ListingKeyNumeric: 805321455
ListingTerms: Cash, Conventional
LivingAreaSource: Public Records
LivingAreaUnits: Square Feet
LotFeatures: Corner Lot, City Lot
LotSizeArea: 7200
LotSizeSquareFeet: 7200
LotSizeUnits: Square Feet
MLSAreaMajor: 34653 - New Port Richey
MiddleOrJuniorSchool: Gulf Middle-PO
MlsStatus: Active
ModificationTimestamp: 2026-09-22T10:47:09.860Z
NumberOfBuildings: 1
NumberOfUnitsTotal: 2
OnMarketDate: 2026-09-21
OriginalEntryTimestamp: 2026-09-21T15:40:16.120Z
OriginalListPrice: 299900
OriginatingSystemKey: stellar
OriginatingSystemName: Stellar MLS
Ownership: Fee Simple
ParcelNumber: 162609015.000F.00013.0
ParkingFeatures: Common, Driveway
PatioAndPorchFeatures: Deck
PetsAllowed: Yes
PhotosChangeTimestamp: 2026-09-21T15:44:01.206Z
PhotosCount: 38
PostalCodePlus4: 4649
RoadFrontageType: Street Paved
RoadSurfaceType: Paved, Asphalt
Roof: Shingle
STELLAR_AlternateKeyFolioNum: 162609015000F000130
STELLAR_AnnualNetIncome: 2900
STELLAR_CalculatedListPriceByCalculatedSqFt: 121.71
STELLAR_CensusBlock: 2
STELLAR_CensusTract: 031412
STELLAR_CreateAutomaticVirtualTourYN: 1
STELLAR_CurrentPrice: 299900
STELLAR_DPRURL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7889441?w=Agent&skip_sso=true
STELLAR_DPRURL2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7889441?w=Customer
STELLAR_DPRYN: 1
STELLAR_FloodZoneCode: AE*
STELLAR_FloodZoneDate: 2020-06-05
STELLAR_FloodZonePanel: 12101C0352G
STELLAR_ListOfficeContactPreferred: 727-232-2192
STELLAR_ListOfficeHeadOfficeKeyNumeric: 1048634
STELLAR_ListSource: RETSUpdate
STELLAR_ListSourceOriginal: MATRIX
STELLAR_MinimumLease: No Minimum
STELLAR_MlsMajorChangeType: New Listing
STELLAR_OfficeIDXOfficeParticipationYN: 1
STELLAR_OfficeSyndicateTo: Apartments.com, International MLS, Realtor.com, Zillow Rental, SkySlope Offers, Crexi
Sewer: Public Sewer
SourceSystemKey: 805321455
SpecialListingConditions: None
StateOrProvince: FL
StatusChangeTimestamp: 2026-09-21T15:40:16.120Z
StreetName: DRINKARD
StreetNumber: 5403
StreetNumberNumeric: 5403
StreetSuffix: DRIVE
TaxAnnualAmount: 3820.23
TaxBlock: F
TaxBookNumber: 2-69
TaxLegalDescription: OLD GROVE-2 MB 2 PG 69 LOT 13 BLK F RB 1055 PG 585 OR 8543 PG 718
TaxLot: 13
TaxYear: 2025
Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
View: City
WaterSource: Public
YearBuilt: 1984
Zoning: R3

Other Features
Eating Space In Kitchen
Fenced
Has a View
Has Cooling System
Has Heating System
Open Parking
Property Attached
Range

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

$1,537.65
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,162.77

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