This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$450,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
**PRICE IMPROVEMENT** Investor's dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.
Full Property Details
Full Property Details for 5318 5320 5324 Cedar Ln
General
- Sold For: $450,000
- Taxes: $3,937 (2025)
- Status: Closed
- Type: Triplex
- Source: MidFloridaRegionalMLS
- MLS ID: W7883374
- Added to Site: 159 day(s) ago
Interior
- Interior Features: Thermostat
Rooms
Other Rooms
- Laundry: Laundry Room
Exterior
- Exterior Features: Fenced, Lighting
Location
- Area: 34652 - New Port Richey
- County: Pasco
- Development Name: 34652 - New Port Richey
- Subdivision: NEW PORT RICHEY ESTATES
- Driving Directions: From US Highway 19, turn directly onto Cedar Lane and continue to property on right hand side.
Community
- Community Name: 34652 - New Port Richey
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 1,960
- Sq. Ft. Source: Public Records
- Living Area: 1,960 Sq. Ft.
- Year Built: 1979
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,687
- Lot Size: 9687
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $3,937.84
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: NEW PORT RICHEY ESTATES PB 3 PG 79 BLOCK D LOTS 12 & 13 EXC EAST 25.00 FT OF LOT 13
- Flood Zone Info: AE
- APN: 322516025000D000120
- Property ID: 322516025000D000120
- Block/Lot/Section: D
Listed by Treasure Hunting Llc
Sold by Quicksilver Real Estate Group
Get Pre-Approved Today
Schools
Schools serving 5318 5320 5324 Cedar Ln
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 | 1.9 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 2.3 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 5318 5320 5324 Cedar Ln
Date
Details
Price
Change
Source
6/24/2026
Sold
$450,000
-9.09%
MLS
4/24/2026
Price Reduced
$495,000
-8.16%
MLS
3/05/2026
Price Reduced
$539,000
-2%
MLS
2/25/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5318, 5320, 5324 Cedar Lane, New Port Richey, FL 34652 (MLS# W7883374) is a Triplex property that was sold at $450,000 on June 24, 2026. Want to learn more about 5318, 5320, 5324 Cedar Lane? Do you have questions about finding other Triplex 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.

