About 5403 Drinkard Drive
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.
Features of 5403 Drinkard Drive
| MLS® # | W7889441 |
|---|---|
| Price | $299,900 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Square Footage | 2,464 |
| Acres | 0.17 |
| Year Built | 1984 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Listing Details
| Office | SANDPEAK REALTY |
|---|
Listing Map
Neighborhood Information for 5403 Drinkard Drive
Low Residential Turnover, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
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Esther's School - New Port Richey Private - to |
0 Miles | |
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Gulf Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
0 Miles | |
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Gulf High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
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Gulf High Adult Education Public - 9Th Grade to 12Th Grade |
0 Miles | |
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Schwettman Education Center Public - 6Th Grade to 12Th Grade |
1 Miles | |
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Esther's School Private - Kindergarten to 12Th Grade |
1 Miles | |
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James M. Marlowe Elementary School Public - Preschool to 5Th Grade - Closest Elementry School |
1 Miles |
School data provided by GreatSchools