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$299,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 5403 Drinkard Dr
General
- Price: $299,900
- Taxes: $3,820 (2025)
- Status: Active
- Type: Duplex
- Source: MidFloridaRegionalMLS
- MLS ID: W7889441
- Updated: Today (9/21/2026)
- Added to Site: Today
Rental Information
- Min. Lease: No Minimum
Interior
- Interior Features: Eating Space In Kitchen
- Appliances: Range
- Furnishings: Unfurnished
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Fenced
- Deck/Patio: Deck
- Porch/Patio/Deck: Deck
Parking
- Parking Features: Common, Driveway
Location
- Area: 34653 - New Port Richey
- County: Pasco
- Development Name: 34653 - New Port Richey
- Subdivision: OLD GROVE
- Driving Directions: From US 19, East on Gulf Drive, South on Madison. East on Warren Ave. On Corner of Warren and Drinkard
School Information
- Elementary School: Cotee River Elementary-PO
- Middle School: Gulf Middle-PO
- High School: Gulf High-PO
Community
- Community Name: 34653 - New Port Richey
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 2,464
- Sq. Ft. Source: Public Records
- Year Built: 1984
Lot Features
- Property View: City
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,200
- Lot Size: 7200
- Frontage: Street Paved
- Street/Road Desc.: Paved, Asphalt
Financial Considerations
- Tax Amount: $3,820.23
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: OLD GROVE-2 MB 2 PG 69 LOT 13 BLK F RB 1055 PG 585 OR 8543 PG 718
- Flood Zone Info: AE*
- APN: 162609015.000F.00013.0
- Property ID: 162609015.000F.00013.0
- Block/Lot/Section: F
Listed by Sandpeak Realty
Get Pre-Approved Today
Schools
Schools serving 5403 Drinkard Dr
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Cotee River Elementary School 7515 Plathe Road, New Port Richey, FL 34653 | K-5 | 1.5 mi |
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653 | 6-8 | 0.5 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 0.4 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 5403 Drinkard Dr
Date
Details
Price
Change
Source
9/21/2026
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5403 Drinkard Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,820
—
$305,829
-1%
2025
$3,820
7%
$308,686
7%
2024
$3,557
4%
$287,320
—
2023
$3,419
39%
$286,395
51%
2022
$2,463
30%
$190,032
85%
2021
$1,894
—
$102,960
-1%
2021
$1,894
1%
$103,823
4%
2019
$1,869
5%
$99,600
10%
2018
$1,781
3%
$90,545
-15%
2017
$1,736
6%
$106,195
-2%
2016
$1,644
14%
$107,922
44%
2015
$1,446
31%
$74,831
21%
2013
$1,108
—
$61,844
10%
2013
$1,108
—
$56,222
—
Disclaimer: Historical tax 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 5403 Drinkard Dr
5403 Drinkard Drive, New Port Richey, FL 34653 (MLS# W7889441) is a Duplex property with 4 bedrooms and 0 full bathrooms. 5403 Drinkard Drive is currently listed for $299,900 and was received on September 21, 2026. Want to learn more about 5403 Drinkard Drive? 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.

