5117 Mallett Dr Port Richey, FL 34668
Estimated payment $2,795/month
Total Views
1,365
--
Bed
--
Bath
1,928
Sq Ft
$226
Price per Sq Ft
Highlights
- Very Popular Property
- No HOA
- Wood patio
- Deck
- Cooling System Mounted To A Wall/Window
- Two Story Entrance Foyer
About This Home
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 suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! 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 at $1300 a month! 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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,714
Year Built
- Built in 1968
Lot Details
- 10,500 Sq Ft Lot
- Property fronts a county road
- Level Lot
Parking
- Driveway
Home Design
- Duplex
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Stucco
Interior Spaces
- 1,928 Sq Ft Home
- Multi-Level Property
- Two Story Entrance Foyer
- Laminate Flooring
Kitchen
- Electric Oven
- Electric Range
- Built-In Microwave
Outdoor Features
- Deck
- Wood patio
Utilities
- Cooling System Mounted To A Wall/Window
- Multiple Heating Units
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Utility Expense $4,088
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,714 | $221,839 | $38,105 | $183,734 |
| 2023 | $4,676 | $215,021 | $34,725 | $180,296 |
| 2022 | $3,006 | $143,980 | $29,135 | $114,845 |
| 2021 | $2,251 | $132,250 | $23,425 | $108,825 |
| 2020 | $1,996 | $104,470 | $13,635 | $90,835 |
| 2019 | $1,813 | $104,841 | $13,635 | $91,206 |
| 2018 | $1,657 | $94,941 | $13,635 | $81,306 |
| 2017 | $1,445 | $72,791 | $10,710 | $62,081 |
| 2016 | $1,285 | $59,076 | $9,410 | $49,666 |
| 2015 | $1,271 | $57,409 | $9,410 | $47,999 |
| 2014 | $1,196 | $56,170 | $9,410 | $46,760 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $435,000 | 0.0% | $226 / Sq Ft |
| 06/17/2025 06/17/25 | Price Changed | $1,500 | -6.3% | $2 / Sq Ft |
| 05/12/2025 05/12/25 | Price Changed | $1,600 | -11.1% | $2 / Sq Ft |
| 02/24/2025 02/24/25 | For Rent | $1,800 | 0.0% | -- |
| 05/31/2024 05/31/24 | Sold | $375,000 | -5.1% | $223 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/13/2024 04/13/24 | Price Changed | $395,000 | -3.4% | $235 / Sq Ft |
| 03/12/2024 03/12/24 | For Sale | $408,900 | 0.0% | $243 / Sq Ft |
| 07/19/2021 07/19/21 | Rented | $850 | 0.0% | -- |
| 07/03/2021 07/03/21 | For Rent | $850 | -- | -- |
Source: REALTORS® Association of Citrus County
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | Anclote Title Services | |
| Warranty Deed | $148,000 | Title Now Llc | |
| Warranty Deed | $127,500 | Title Now Llc | |
| Warranty Deed | $115,000 | -- | |
| Warranty Deed | $94,500 | -- | |
| Corporate Deed | $94,500 | First American Title Ins Co | |
| Warranty Deed | $49,500 | -- | |
| Warranty Deed | $54,000 | -- | |
| Deed | $32,500 | -- | |
| Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $89,775 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Purchase Money Mortgage | |
| Previous Owner | $4,800 | New Conventional | |
| Previous Owner | $50,250 | New Conventional |
Source: Public Records
Similar Homes in Port Richey, FL
Source: REALTORS® Association of Citrus County
MLS Number: 846161
APN: 32-25-16-0190-00A00-0070
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