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$299,900

5403 Drinkard Dr

New Port Richey, FL
Active
4
Bedrooms
0.17
Lot Size (acres)
1984
Year Built
12
Days On Market

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 Information

Listing Updated
11 days ago
Listed By
Michael Dumas, 7272322192 · SANDPEAK REALTY, 7272322192
MLS#
W7889441
Source
Stellar MLS
Status
Active

Facts & Features

Location

Community Information

Address
5403 Drinkard Dr, New Port Richey, FL 34653
City
New Port Richey
County
Pasco
Neighborhood
OLD GROVE
Zip Code
34653

Architecture

Bedrooms
4
Year Built
1984
Construction Materials
Block
Foundation
Slab
Roof
Shingle
Levels
One
Garage Spaces
0
Parking Features
Driveway, Common

Features & Amenities

Interior Features
Eat-in Kitchen
Appliances
Range
Flooring
Vinyl, Carpet
Patio and Porch
Deck
Cooling
Central Air
Heating
Electric, Central

Property Features

Lot Size
0.17 Acres
Lot Features
Corner Lot, Paved
View
City
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected

Square Footage

Total
2,464 sq. ft.

Tax & Financial Information

List Price
$299,900
Annual Taxes
$3,820

Schools

73/100
Richey Elementary School
Elementary · Grades PK–05 · 1.4 mi
City
New Port Richey
Students
674
Parent reviews
5.0★ avg · 1 review
Student body
57% White · 25% Hispanic / Latino · 9% Black
Free/reduced lunch
89%
Phone
(727) 774-3500
63/100
Mittye P. Locke Elementary School
Elementary · Grades PK–05 · 1.4 mi
City
New Port Richey
Students
481
Parent reviews
3.5★ avg · 2 reviews
Student body
58% White · 27% Hispanic / Latino · 8% Two or More Races
Free/reduced lunch
82%
Phone
(727) 774-3100
54/100
Gulf High School
High · Grades 09–12 · 0.4 mi
City
New Port Richey
Students
1,468
Student body
55% White · 28% Hispanic / Latino · 7% Black
Free/reduced lunch
74%
Phone
(727) 774-3300
54/100
Gulf Middle School
Middle · Grades 06–08 · 0.4 mi
City
New Port Richey
Students
901
Student body
50% White · 30% Hispanic / Latino · 10% Black
Free/reduced lunch
83%
Phone
(727) 774-8000
53/100
Deer Park Elementary School
Elementary · Grades PK–05 · 2.5 mi
City
New Port Richey
Students
502
Student body
73% White · 15% Hispanic / Latino · 7% Two or More Races
Free/reduced lunch
48%
Phone
(727) 774-8900
52/100
Anclote Elementary School
Elementary · Grades PK–05 · 1.8 mi
City
New Port Richey
Students
512
Parent reviews
2.0★ avg · 1 review
Student body
61% White · 21% Hispanic / Latino · 9% Black
Free/reduced lunch
81%
Phone
(727) 774-3200
51/100
Gulf High Adult Education
Grades AE–AE · 0.4 mi
City
New Port Richey
Phone
(727) 774-3300
50/100
West Pasco Education Academy
High · Grades 06–12 · 8.9 mi
City
New Port Richey
Students
123
Student body
63% White · 21% Hispanic / Latino · 10% Black
Free/reduced lunch
88%
Phone
(727) 774-0002

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/21/2026Listed for sale$299,900

Listed by Michael Dumas · SANDPEAK REALTY · 7272322192

Listing information provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, Stellar MLS. All rights reserved.

Last Updated: September 22, 2026 at 10:48 AM | Source: Stellar MLS | MLS#: W7889441

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