5403 Drinkard Drive, New Port Richey, FL 34653 (MLS # W7889441)

PRICE $299,900 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 2,464 sqft
LOT SIZE 7,406 sqft

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.

DAYS ON MARKET 1 LAST UPDATED 9/21/2026
TRACT OLD GROVE YEAR BUILT 1984
COMMUNITY 34653 - New Port Richey COUNTY Pasco
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Cotee River Elementary-PO
Jr. High School Gulf Middle-PO
High School Gulf High-PO


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Range
AREA 34653 - New Port Richey
CONSTRUCTION Block
HEAT Central, Electric
INTERIOR Eat-in Kitchen
LOT 7405 sq ft
LOT DESCRIPTION Corner Lot, Paved
PARKING Common, Driveway
SEWER Public Sewer
STORIES 1
SUBDIVISION OLD GROVE
TAXES 3820.23
UTILITIES Electricity Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION City
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 5403 DRINKARD DRIVE
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Listing provided by Michael Dumas, SANDPEAK REALTY, 727-232-2192
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 9/22/26 9:32 AM PDT.

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