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$299,900
New Listing

5403 DRINKARD DRIVE
NEW PORT RICHEY, FL 34653

For Sale|Duplex|Active
4
Beds
2
Total Baths
2,464
SqFt
$122
/SqFt
1984
Built
Subdivision:
OLD GROVE
County:
Pasco
Call Now: (440) 829-3310
Is this the listing for you? We can help make it yours.
(440) 829-3310
5403 DRINKARD DRIVE5403 DRINKARD DRIVE5403 DRINKARD DRIVE5403 DRINKARD DRIVE
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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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Listing Snapshot
Price 
$299,900
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,464 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1984
MLS® Number 
W7889441
Status 
Active
Property Tax 
$3,820.23
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
18 hours agoListing first seen on site
General Features
Acres 
0.17
Foundation 
Slab
Levels 
One
Parking 
CommonDriveway
Pets 
Yes
Property Sub Type 
Duplex
Sewer 
Public Sewer
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Zoning 
R3
Interior Features
Appliances 
Range
Cooling 
Central Air
Flooring 
CarpetVinyl
Furnished 
Unfurnished
Heating 
CentralElectric
Interior 
Eat-in Kitchen
Laundry Features 
Inside
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Exterior Features
Construction Details 
Block
Lot Features 
Corner LotPaved
Patio And Porch 
Deck
Roof 
Shingle
View 
City
Waterview 
City
Community Features
MLS Area 
34653 - New Port Richey
Township 
26S
Financing Terms Available 
CashConventional
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Cotee River Elementary-PO
Middle School
Gulf Middle-PO
High School
Gulf High-PO
Listing courtesy of SANDPEAK REALTY (727) 232-2192



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-09-22 05:58 AM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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