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727-415-4982
Real Estate Company
5603 Palmetto Road, New Port Richey, FL 34652
- $500,000
- 5
- BD
- 4
- BA
- 3,408
- SqFt
- Sold Price
- $500,000
- List Price
- $599,000
- Status
- Sold
- Days on Market
- 88
- Closing Date
- Aug 15, 2025
- MLS#
- TB8381226
- Property Style
- Single Family
- Year Built
- 1928
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 3,408
- Lot Size
- 22,800
- Acres
- 0.52
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Jasmin Point Estates
- MLS Area Major
- New Port Richey
Property Description
This unique 5-bedroom, 4-bathroom home offers 2,928 sq ft of living space on a spacious 0.52-acre lot. Home overlooks the peaceful Cottee River in the heart of downtown New Port Richey! Originally built in 1928 and updated in 1991, the home combines historic charm with modern potential. One bedroom and one bathroom are located on the main floor, with four additional bedrooms and three bathrooms on the second floor. The floors are original southern yellow pine hardwood floors, which could easily be restored, bringing back their natural beauty and adding warmth and character throughout the home. There's a finished attic, creating extra versatile living space on the third level, while an unfinished basement offers additional storage or customization potential. The detached two-car garage includes an additional 480 sq ft apartment above the garage. The garage itself could also be converted into additional living space, creating a flexible two-story accessory dwelling unit—ideal for guests, rentals, or multi-generational living. Property is Zoned R1 with potential for multi-family development, this property is perfect for investors or homeowners seeking room to grow. Located in a quiet neighborhood just minutes from parks, schools, and all downtown amenities. A rare riverfront opportunity with flexibility and future potential!
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Additional Information
- Taxes
- $6214
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- Three+ Story
- Zoning
- R1
- Interior Layout
- Ceiling Fans(s), Thermostat
- Interior Features
- Ceiling Fans(s), Thermostat
- Floor
- Wood
- Appliances
- Dishwasher, Electric Water Heater, Freezer, Other, Range, Refrigerator
- Utilities
- Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Underground Utilities, Water Connected
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Fireplace Description
- Living Room, Masonry, Wood Burning
- Exterior Construction
- Frame
- Exterior Features
- Balcony, Dog Run, Garden, Other
- Roof
- Metal
- Foundation
- Basement, Crawlspace
- Pool
- No Pool
- Garage Carport
- 2 Car Garage
- Garage Spaces
- 2
- Elementary School
- Richey Elementary School
- Middle School
- Gulf Middle-Po
- High School
- Gulf High-PO
- Flood Zone Code
- X500
- Parcel ID
- 16-25-32-0330-00400-0050
- Legal Description
- JASMIN POINT ESTATES PB 4 PGS 14 & 14A BLOCK 4 LOTS 5 & 6 & SOUTH 40.00 FT OF LOTS 11 & 12 OR 2013 PG 566
Listing courtesy of ALIGN RIGHT REALTY CARROLLWOOD. 813-374-6050
Selling Office: COLDWELL BANKER REALTY.Mortgage Calculator
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