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$1,325,000
G5115278 MLS
Presenting The Preserve, an established mobile home park located just north of historic Dade City, Florida, with excellent visibility and convenient access directly off US Highway 98. This income-producing investment features 11 occupied mobile homes generating immediate cash flow, along with a vacant commercial lot offering additional future potential. With an attractive 10% capitalization rate based on current income and expenses, The Preserve provides investors with the opportunity to acquire a stabilized asset while benefiting from future growth in one of Pasco County’s expanding corridors. The current owner has invested significantly in the property through major infrastructure improvements, including new septic systems, as well as thoughtful renovations to several of the homes during tenant turnover. These capital improvements help reduce future maintenance concerns while enhancing the long-term value of the property. The location is another standout feature. The property sits within the rapidly improving US 98 corridor, where the Florida Department of Transportation is investing more than $146 million in roadway widening, realignment, new intersections, sidewalks, and shared-use paths designed to improve traffic flow, accessibility, and regional connectivity between Dade City, US 301, and surrounding communities. These transportation improvements are expected to further strengthen the area’s appeal for both residents and businesses over the coming years. Listing includes 6 total parcels, for approx. 5 acres.

37351 Carringer Road, Dade City

$224,900
3 Beds 3 Baths W7886047 MLS
This duplex was remodeled following the 2024 hurricane season, including impacts from Hurricane Helene and Hurricane Milton, with all work permitted and inspected by the City of New Port Richey for peace of mind. The south unit features two bedrooms, two bathrooms, a walk-in closet with attached utility room, washer and dryer hookups, central heat and air, and an open kitchen, dining area, and living area. The north unit offers one bedroom, one-bathroom, walk-in closet, kitchen, dining area, and living space-ideal for rental or multi-generation living. Both units are currently vacant and available for immediate showings, providing flexibility for owner-occupants or investors. Located in an area undergoing transformation, the City of New Port Richey is proposing infrastructure improvements including street repaving, sidewalks, street lighting, and future sewer conversion (currently on septic). Additionally, the area is proposed to be rezoned to R-4 Coastal Cottage District, which is intended to support higher-density residential development and redevelopment opportunities. Buyers are encouraged to verify all future plans, zoning changes, and utility updates directly with the city.

5615 Van Doren Avenue, New Port Richey

$279,900
2 Beds 2 Baths TB8499091 MLS
FULLY OCCUPIED CASH FLOWING DUPLEX FOR SALE IN NEW PORT RICHEY FL | TURNKEY INVESTMENT OPPORTUNITY | NO HOA | PRE INSPECTED Welcome to 5045 GREEN KEY ROAD, NEW PORT RICHEY, FL 34652, a 100 PERCENT OCCUPIED INCOME PRODUCING DUPLEX delivering IMMEDIATE CASH FLOW with BUILT IN TRANSPARENCY AND REDUCED INVESTOR RISK and NO HOA. This TURNKEY PROPERTY features a 2 BEDROOM 2 BATHROOM MAIN RESIDENCE PLUS A DETACHED 1 BEDROOM 1 BATHROOM UNIT, creating a DUAL INCOME STREAM ideal for both seasoned investors and first time buyers entering CASH FLOWING REAL ESTATE. The property has been RENOVATED INSIDE AND OUT, including NEW FLOORING, NEW COUNTERTOPS, NEW KITCHEN CABINETS, AND AN UPDATED BATHROOM, offering LOW DEFERRED MAINTENANCE, and sits on a SPACIOUS 0.27 ACRE LOT WITH VALUE ADD AND EXPANSION POTENTIAL. Major system upgrades include a BRAND NEW ROOF (2026), HVAC (2025), and WATER HEATER (2025), providing long term peace of mind for investors. Enjoy additional features including a LARGE SCREENED IN LANAI AND ENCLOSED PORCH, along with PRIVATE LIVING SPACES FOR EACH UNIT to support STRONG TENANT RETENTION. Investor advantages include SEPARATELY METERED ELECTRIC, with tenants paying their own electric, and ONE SHARED WATER METER, helping maintain a FAVORABLE EXPENSE STRUCTURE. This property also offers PRE LISTING DUE DILIGENCE COMPLETED, including a CLEAN 4 POINT INSPECTION AND WIND MITIGATION REPORT, with REPORTS AND FLOOR PLAN ATTACHED IN THE MLS, providing CONFIDENCE FOR FINANCING, POTENTIAL INSURANCE SAVINGS, AND A SMOOTHER CLOSING PROCESS. Ideally located just minutes from GREEN KEY BEACH, DOWNTOWN NEW PORT RICHEY, SIMS PARK, THE COTEE RIVER, SHOPPING, DINING, AND MAJOR ROADWAYS, this property benefits from a HIGH DEMAND RENTAL LOCATION WITH STRONG LONG TERM APPRECIATION POTENTIAL. This is a STABILIZED, INCOME PRODUCING ASSET NOT A PROJECT, offering the perfect combination of IMMEDIATE CASH FLOW, LOWER OPERATIONAL RISK, STRONG INFRASTRUCTURE UPGRADES, AND FUTURE UPSIDE. DON’T MISS THIS OPPORTUNITY TO SECURE A PERFORMING INVESTMENT PROPERTY IN A GROWING GULF COAST MARKET. SCHEDULE YOUR PRIVATE SHOWING TODAY.

5045 Green Key Road, New Port Richey

$620,000
4 Beds 6 Baths TB8496603 MLS
LOWER PRICE! Income-producing opportunity in the heart of Port Richey! This nearly new (just 2 years old) duplex offers the perfect blend of modern design and smart investing. Each side features an open-concept layout with a spacious kitchen complete with an island that flows seamlessly into the living and dining areas—ideal for both everyday living and entertaining. One unit showcases crisp white shaker cabinetry, while the other offers a stylish contrast with rich navy blue cabinets, both complemented by durable luxury vinyl flooring throughout. Sliders lead to a large, fenced and private backyard, creating great outdoor living space for each unit. A convenient half bath is located downstairs. Upstairs, both units feature a well-designed layout with a primary suite offering an en-suite bath with walk-in shower, while the second bedroom is served by a tub/shower combo. Laundry closets are also located upstairs for added ease. Enjoy morning coffee or evening relaxation from the charming second-floor front balcony. Whether you’re looking to live in one side while offsetting your mortgage with rental income, or maximize returns by leasing both units, this property offers flexibility and strong income potential in a growing area.

5630 Queener Avenue, Port Richey

$325,000
4 Beds 2 Baths TB8479117 MLS
Great DUPLEX Investment Opportunity – Income-Producing Property! Put your money to work with this turn-key, updated duplex in a prime location near downtown New Port Richey. Featuring two spacious units, each offering just over 1,000 sq ft with desirable open floor plans, this property provides both immediate income and rental flexibility. One unit offers 3 bedrooms and 1 bath and is currently rented at $1,300 per month with long-term tenants on a yearly lease. The second unit features 2 bedrooms and 1 bath, has been newly remodeled, and is vacant—perfect for an owner-occupant or to lease at current market rent. Interior features of both units include: -Open-concept living and dining areas -Fresh neutral interior paint -Antique oak luxury vinyl plank flooring (scratch-resistant, waterproof, and stain-resistant) -Updated toilets, plumbing, and lighting fixtures -Inside laundry areas with washer & dryer hookups -Updated water heaters -Ample closet space -Appliance packages including refrigerator, dishwasher, stove, and range hood -Sliding glass doors leading to private patios -Each unit includes its own covered carport, storage space, and the property is enhanced by vinyl fencing and a newer roof (2022). Located just minutes from the Historic Downtown district of New Port Richey, with its charming shops and restaurants, as well as beautiful riverfront gatherings at Sims Park. The location alone makes this a standout investment opportunity. Whether you’re looking to expand your portfolio or live in one side while renting the other, this duplex offers strong income potential and long-term value.

7116-7118 Green Street, New Port Richey

$179,000
2 Beds 2 Baths TB8390381 MLS
Don’t miss this rare investment opportunity in the heart of downtown New Port Richey. This well-maintained duplex features two separate units, each with private entrances, individual driveways, and updated interiors, offering strong rental income with future upside. The roof was replaced in 2018, and the entire exterior was freshly painted in 2024. Unit 5718 features a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room. It currently functions as a large studio but can easily be converted into a one-bedroom layout. Tenant in place paying $1,000/month. Unit 5716 is a cozy studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenant in place paying $900/month. Shared amenities include an exterior laundry area with washer and dryer (not coin-operated) and a large fenced yard. Both units have never experienced interior flooding. Tenants are on month-to-month leases, providing flexibility for future rental increases, repositioning, or redevelopment. Current gross annual rental income is $22,800. The property is ideally located just steps from downtown New Port Richey’s shops, restaurants, Sims Park, local festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away. This income-producing property offers immediate cash flow with long-term potential in one of Pasco County’s most walkable and desirable areas. Schedule your private showing today.

5716 Kenwood Avenue, New Port Richey