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$304,900
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Property Description
FULLY OCCUPIED CASH FLOWING DUPLEX FOR SALE IN NEW PORT RICHEY FL | TURNKEY INVESTMENT OPPORTUNITY | NO HOA | PRE INSPECTED Welcome to 5045 GREEN KEY ROAD, NEW PORT RICHEY, FL 34652, a 100 PERCENT OCCUPIED INCOME PRODUCING DUPLEX delivering IMMEDIATE CASH FLOW with BUILT IN TRANSPARENCY AND REDUCED INVESTOR RISK and NO HOA. This TURNKEY PROPERTY features a 2 BEDROOM 2 BATHROOM MAIN RESIDENCE PLUS A DETACHED 1 BEDROOM 1 BATHROOM UNIT, creating a DUAL INCOME STREAM ideal for both seasoned investors and first time buyers entering CASH FLOWING REAL ESTATE. The property has been RENOVATED INSIDE AND OUT, including NEW FLOORING, NEW COUNTERTOPS, NEW KITCHEN CABINETS, AND AN UPDATED BATHROOM, offering LOW DEFERRED MAINTENANCE, and sits on a SPACIOUS 0.27 ACRE LOT WITH VALUE ADD AND EXPANSION POTENTIAL. Major system upgrades include a BRAND NEW ROOF (2026), HVAC (2025), and WATER HEATER (2025), providing long term peace of mind for investors. Enjoy additional features including a LARGE SCREENED IN LANAI AND ENCLOSED PORCH, along with PRIVATE LIVING SPACES FOR EACH UNIT to support STRONG TENANT RETENTION. Investor advantages include SEPARATELY METERED ELECTRIC, with tenants paying their own electric, and ONE SHARED WATER METER, helping maintain a FAVORABLE EXPENSE STRUCTURE. This property also offers PRE LISTING DUE DILIGENCE COMPLETED, including a CLEAN 4 POINT INSPECTION AND WIND MITIGATION REPORT, with REPORTS AND FLOOR PLAN ATTACHED IN THE MLS, providing CONFIDENCE FOR FINANCING, POTENTIAL INSURANCE SAVINGS, AND A SMOOTHER CLOSING PROCESS. Ideally located just minutes from GREEN KEY BEACH, DOWNTOWN NEW PORT RICHEY, SIMS PARK, THE COTEE RIVER, SHOPPING, DINING, AND MAJOR ROADWAYS, this property benefits from a HIGH DEMAND RENTAL LOCATION WITH STRONG LONG TERM APPRECIATION POTENTIAL. This is a STABILIZED, INCOME PRODUCING ASSET NOT A PROJECT, offering the perfect combination of IMMEDIATE CASH FLOW, LOWER OPERATIONAL RISK, STRONG INFRASTRUCTURE UPGRADES, AND FUTURE UPSIDE. DON'T MISS THIS OPPORTUNITY TO SECURE A PERFORMING INVESTMENT PROPERTY IN A GROWING GULF COAST MARKET. SCHEDULE YOUR PRIVATE SHOWING TODAY.
Full Property Details
Full Property Details for 5045 Green Key Rd
General
- Price: $304,900
- Taxes: $1,573 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: TB8499091
- Updated: 4/20/2026
- Added to Site: 10 day(s) ago
Interior
- Interior Features: Thermostat
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Fenced
Location
- Area: 34652 - New Port Richey
- County: Pasco
- Development Name: 34652 - New Port Richey
- Subdivision: PORT RICHEY LAND CO SUB
- Driving Directions: FROM US-19 N TURN LEFT ON GREEN KEY ROAD. 0.2 MILES DESTINATION ON RIGHT.
School Information
- Elementary School: James M Marlow Elementary-PO
- Middle School: Gulf Middle-PO
- High School: Gulf High-PO
Community
- Community Name: 34652 - New Port Richey
Heating & Cooling
- Cooling Type: Mini-Split Unit(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public
Structural Information
- # Buildings: 2
- Exterior Const.: Block
- Roof: Membrane, Shingle
- Square Feet: 1,205
- Sq. Ft. Source: Public Records
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,550
- Lot Size: 11550
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,573.15
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: PORT RICHEY LAND COMPANY SUB PB 1 PG 61 S 200 FT OF E 66 FT OF TRACT 12 LESS RD R/W OR 4349 PG 967
- Flood Zone Info: AE
- APN: 526160180012000030
- Property ID: 526160180012000030
- Block/Lot/Section: 52616
Listed by Real Broker, Llc
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Schools
Schools serving 5045 Green Key Rd
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Richey Elementary School 6850 Adams Street, New Port Richey, FL 34652 | K-5 | 0.9 mi |
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653 | 6-8 | 1.5 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5045 Green Key Rd
Date
Details
Price
Change
Source
4/19/2026
Listed
$304,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5045 Green Key Rd
5045 Green Key Road, New Port Richey, FL 34652 (MLS# TB8499091) is a Duplex property with 2 bedrooms and 0 full bathrooms. 5045 Green Key Road is currently listed for $304,900 and was received on April 19, 2026. Want to learn more about 5045 Green Key Road? Do you have questions about finding other Duplex real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.

