DUPLEX • INCOME POTENTIAL • 5 BEDROOMS • 4 FULL BATHS • TWO SEPARATE LIVING AREAS • 2020 ROOF • NO HOA • OVERSIZED PARKING | Discover the flexibility and income potential of this unique Port Richey property offering two separate living units with a combined 5 bedrooms and 4 full bathrooms. Whether you're looking to add to your rental portfolio, live in one unit while renting the other, or create a multi-generational living arrangement, this property offers a variety of possibilities. The front residence features 3 bedrooms and 2 full bathrooms with a comfortable living area, updated kitchen with blue cabinetry and stainless-steel appliances, tile flooring throughout, ceiling fans, neutral finishes, and individual mini-split A/C systems. Two bedrooms and a full bath are located off the main hallway, while the third bedroom and second full bath are positioned toward the rear of the residence. The rear residence offers 2 bedrooms and 2 full bathrooms across two levels. The first floor provides a furnished studio-style bedroom/living space with a kitchenette, full bath with walk-in shower, tile flooring, lots of storage, and spiral staircase leading upstairs. The second level features a spacious living area, updated full kitchen with white cabinetry, tile backsplash, stainless steel appliances, a separate bedroom and full bath, vinyl flooring, plus a screened upper balcony overlooking the backyard. Separate exterior entrances on both levels add privacy and flexibility. Additional updates and features include a 2020 roof, new flooring throughout, tiled bathrooms, newer interior and exterior paint, new windows and doors, updated kitchens, stainless steel appliances, exterior storage, and multiple cooling systems. Outside, the property offers an oversized driveway with abundant parking and room for a boat, patio space, a large backyard (nearly a 1/4 acre!), mature landscaping, and a peaceful setting at the end of Mallett Drive. With No HOA / No CDD, there are no association fees to contend with. Located near shopping, dining, marinas, boat launches, boating destinations, Gulf Coast recreation, and area beaches, this property combines location, flexibility, and income-producing potential. Current estimated rental potential is approximately $2,000–$2,200 per month for the front residence and $1,800–$2,000 per month for the rear residence, offering potential combined rents of approximately $3,800–$4,200 per month. Buyer should independently verify rental rates, permitted uses, and square footage.

5 Beds ⋅ 4 Baths ⋅ TB8551605 MLS

DUPLEX • INCOME POTENTIAL • 5 BEDROOMS • 4 FULL BATHS • TWO SEPARATE LIVING AREAS • 2020 ROOF • NO HOA • OVERSIZED PARKING | Discover the flexibility and income potential of this unique Port Richey property offering two separate living units with a combined 5 bedrooms and 4 full bathrooms. Whether you're looking to add to your rental portfolio, live in one unit while renting the other, or create a multi-generational living arrangement, this property offers a variety of possibilities. The front residence features 3 bedrooms and 2 full bathrooms with a comfortable living area, updated kitchen with blue cabinetry and stainless-steel appliances, tile flooring throughout, ceiling fans, neutral finishes, and individual mini-split A/C systems. Two bedrooms and a full bath are located off the main hallway, while the third bedroom and second full bath are positioned toward the rear of the residence. The rear residence offers 2 bedrooms and 2 full bathrooms across two levels. The first floor provides a furnished studio-style bedroom/living space with a kitchenette, full bath with walk-in shower, tile flooring, lots of storage, and spiral staircase leading upstairs. The second level features a spacious living area, updated full kitchen with white cabinetry, tile backsplash, stainless steel appliances, a separate bedroom and full bath, vinyl flooring, plus a screened upper balcony overlooking the backyard. Separate exterior entrances on both levels add privacy and flexibility. Additional updates and features include a 2020 roof, new flooring throughout, tiled bathrooms, newer interior and exterior paint, new windows and doors, updated kitchens, stainless steel appliances, exterior storage, and multiple cooling systems. Outside, the property offers an oversized driveway with abundant parking and room for a boat, patio space, a large backyard (nearly a 1/4 acre!), mature landscaping, and a peaceful setting at the end of Mallett Drive. With No HOA / No CDD, there are no association fees to contend with. Located near shopping, dining, marinas, boat launches, boating destinations, Gulf Coast recreation, and area beaches, this property combines location, flexibility, and income-producing potential. Current estimated rental potential is approximately $2,000–$2,200 per month for the front residence and $1,800–$2,000 per month for the rear residence, offering potential combined rents of approximately $3,800–$4,200 per month. Buyer should independently verify rental rates, permitted uses, and square footage.

5117 Mallett Drive, Port Richey

Listing courtesy of 54 REALTY LLC. 813-435-5411

$99,000

Rare Investment Opportunity: Prime 0.36-Acre Vacant Lot in Port Richey!7653 Pier Road, Port Richey, FL 34668Build your dream home, vacation getaway, or next investment property on this spacious 0.36-acre lot (approx. 15,625 sq. ft.) in Port Richey! Featuring plenty of space for a custom single-family home, outdoor living area, pool, or boat/RV storage, this property gives you the freedom to build without the restrictions of a strict HOA. Property HighlightsGenerous Lot Size: 0.36 acres offering maximum privacy and layout flexibility. No HOA / No CDD: Bring your toys, trucks, boats, or RVs without hassle.Prime Coastal Proximity: Minutes from the Gulf coast, public boat ramps, waterfront dining, and waterfront parks along the Pithlachascotte River. Convenient Location: Fast access to US-19, shopping centers, medical facilities, and Tampa Bay area amenities.

O6440292 MLS

Rare Investment Opportunity: Prime 0.36-Acre Vacant Lot in Port Richey!7653 Pier Road, Port Richey, FL 34668Build your dream home, vacation getaway, or next investment property on this spacious 0.36-acre lot (approx. 15,625 sq. ft.) in Port Richey! Featuring plenty of space for a custom single-family home, outdoor living area, pool, or boat/RV storage, this property gives you the freedom to build without the restrictions of a strict HOA. Property HighlightsGenerous Lot Size: 0.36 acres offering maximum privacy and layout flexibility. No HOA / No CDD: Bring your toys, trucks, boats, or RVs without hassle.Prime Coastal Proximity: Minutes from the Gulf coast, public boat ramps, waterfront dining, and waterfront parks along the Pithlachascotte River. Convenient Location: Fast access to US-19, shopping centers, medical facilities, and Tampa Bay area amenities.

7653 Pier Road, Port Richey

Listing courtesy of LPT REALTY, LLC. 877-366-2213

$195,000

Welcome to 5200 Mallett Drive! This 3-bedroom, 2-bath single-family home offers a versatile layout with plenty of flexibility to fit a variety of lifestyles. Whether you’re looking for additional living space, room for a home office, guest accommodations, or simply space to make your own, this property offers plenty of possibilities. Situated on a spacious lot along a quiet street in Port Richey, the home is conveniently located near shopping, dining, entertainment, local parks, and the waterfront, with easy access to US-19. With three bedrooms, two full bathrooms, flexible living areas, and a great location, this property is ready for its next owner. Schedule your private showing today!

3 Beds ⋅ 2 Baths ⋅ TB8543591 MLS

Welcome to 5200 Mallett Drive! This 3-bedroom, 2-bath single-family home offers a versatile layout with plenty of flexibility to fit a variety of lifestyles. Whether you’re looking for additional living space, room for a home office, guest accommodations, or simply space to make your own, this property offers plenty of possibilities. Situated on a spacious lot along a quiet street in Port Richey, the home is conveniently located near shopping, dining, entertainment, local parks, and the waterfront, with easy access to US-19. With three bedrooms, two full bathrooms, flexible living areas, and a great location, this property is ready for its next owner. Schedule your private showing today!

5200 Mallett Drive, Port Richey

Listing courtesy of KELLER WILLIAMS ST PETE REALTY. murraycoleman@kw.com