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Port Richey Multifamily Home for Sale

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    $435,000

    • 1,928 Sq Ft

    5117 Mallett Dr, Port Richey, FL 34668

    Great Investment Opportunity! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing! 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

    Wendy Hoffmann ERA American Suncoast Realty

    5117 Mallett Dr, Port Richey, FL 34668

Why Live in Port Richey

Port Richey combines country living with city amenities, located just north of Tampa Bay, providing easy access to Gulf Coast beaches and attractions. The area features lively nightlife, numerous restaurants, bars, and entertainment venues. Recreational activities include boating, fishing, and waterfront strolls. The cost of living is lower compared to nearby cities, making it an affordable option. Homes range from ranch-style and stilt to contemporary, townhomes, condos, and mobile homes, with many properties featuring inground pools and canal or bayou views. Narrow, palm tree-lined streets wind through the community, though several hundred homes are in designated flood zones near the Pithlachascotee River, requiring flood insurance. The local schools are improving, with the county placing more emphasis on education. Werner-Boyce Salt Springs State Park offers a 4,000-acre natural retreat with boating, fishing, and wildlife viewing, while Brasher Park provides a playground and waterfront benches. Indoor recreation is available at SpinNations Family Skating & Event Center. History enthusiasts can visit the Historic Oelsner Indian Mound. Essential shopping is convenient with Publix and Walmart Super Center nearby. Dining options include Lighthouse Subs & Pizza, Gill Dawg Tiki Bar & Grill, and Whiskey River On the Water. U.S. Route Highway 19 runs through the area, and commuters can reach Downtown Tampa, 40 miles away, via Florida State Route 689. Saint Petersburg-Clearwater International Airport is a 30-mile drive.

Home Trends in Port Richey, FL

Housing Trends

Median Single Family Sale Price
$599,000
Average Price Per Sq Ft
$206
Number of Homes for Sale
1
Last 12 months Home Sales
0
Median List Price
$599,000
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