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$429,900

  • For Sale
  • Active
  • Duplex
  • 5 Beds
  • 4 Total Baths
  • 1,928 Sq. Ft.
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Great Investment Opportunity! INSTANT INCOME! 2 UNITS RENTED, FURNISHED STUDIO IS AVAILABLE! - Currently bringing in $37,200K annually in rent for 2 of the units! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing with 50% down! The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner's suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! - UNIT 1 IS CURRENTLY RENTED OUT! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile bathrooms, paint inside/out & new roof (2020). Plus, there is a storage room. Whether you're looking to expand your rental portfolio, live on-site and rent the rest, or house multiple generations, this property offers endless possibilities. Located in an ideal location, walk to Whiskey River on the water, plus there are other nearby restaurants such as Hooters & Crab Shack. Marinas, shopping & local boating hotspots such as Anclote Key & the Sandbar make it even more appealing! Schedule your showing today!

Full Property Details for 5117 Mallett Dr

General

  • Price: $429,900
  • Taxes: $4,713 (2024)
  • Status: Active
  • Type: Duplex
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8405807
  • Updated: 12/23/2025
  • Added to Site: 191 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Open Floorplan, Stone Counters
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Furnishings: Partially
  • Flooring: Ceramic Tile, Luxury Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Other

Exterior

  • Exterior Features: Lighting, Storage

Location

  • Area: 34668 - Port Richey
  • County: Pasco
  • Development Name: 34668 - Port Richey
  • Subdivision: BEHMS SUB
  • Driving Directions: From Hwy 19 take Cedar Lane to Pier Rd, Left on Mallett Dr, property as at the end of the street on the right.

Community

  • Community Name: 34668 - Port Richey

Heating & Cooling

  • Cooling Type: Mini-Split Unit(s)
  • Heating Type: Wall Units / Window Unit

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Public, Sewer Connected, Water Connected

Structural Information

  • # Buildings: 1
  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Square Feet: 1,928
  • Sq. Ft. Source: Appraiser
  • Year Built: 1968

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,500
  • Lot Size: 10500
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $4,713.61
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: BEHMS SUBDIVISION PB 3 PG 139 W 70 FT OF N 150 FT OF LOT A
  • Flood Zone Info: AE
  • APN: 162532019000A000070
  • Property ID: 162532019000A000070

Listed by Era American Suncoast Realty

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Listing agent

— 5117 Mallett Dr —

  • Era American Suncoast Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5117 Mallett Dr

School District:Pasco County School District
NameGradesDistance
Richey Elementary School
6850 Adams Street, New Port Richey, FL 34652
K-51.2 mi
Gulf Middle School, New Port Richey, FL
6419 Louisiana Avenue, New Port Richey, FL 34653
6-82.1 mi
Gulf High School
5355 School Road, New Port Richey, FL 34652
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5117 Mallett Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/17/2025
Price Reduced
$429,900
-0.94%
MLS
10/29/2025
Price Reduced
$434,000
-0.23%
MLS
7/11/2025
Listed
$435,000
16%
MLS
5/31/2024
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
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 for 5117 Mallett Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,614
-2%
$218,663
-1%
2024
$4,714
1%
$221,839
3%
2023
$4,676
56%
$215,021
49%
2022
$3,006
34%
$143,980
9%
2021
$2,251
—
$132,250
27%
2021
$2,251
24%
$104,470
33%
2019
$1,813
9%
$78,630
10%
2018
$1,657
15%
$71,482
-2%
2017
$1,445
12%
$72,791
23%
2016
$1,285
1%
$59,076
3%
2015
$1,271
16%
$57,409
5%
2013
$1,091
—
$54,749
10%
2013
$1,091
—
$49,772
—
View All
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 for 5117 Mallett Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Era American Suncoast Realty

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5117 Mallett Drive, Port Richey, FL 34668 (MLS# TB8405807) is a Duplex property with 5 bedrooms and 0 full bathrooms. 5117 Mallett Drive is currently listed for $429,900 and was received on July 11, 2025. Want to learn more about 5117 Mallett Drive? Do you have questions about finding other Duplex real estate for sale in Port Richey? You can browse all Port Richey real estate or contact a Coldwell Banker agent to request more information.

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