5603 Palmetto Rd, New Port Richey, FL 34652
$650,000
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Home 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!
- Elementary School: Richey Elementary School
- Middle School: Gulf Middle-PO
- High School: Gulf High-PO
- Interior Features: Ceiling Fans(s),Thermostat
- Appliances: Dishwasher,Electric Water Heater,Freezer,Other,Range,Refrigerator
- Fireplace Desc: Living Room,Masonry,Wood Burning
- Floor Covering: Wood
- Additional Rooms: Attic,Bonus Room,Formal Dining Room Separate,Formal Living Room Separate,Garage Apartment,Media Room,Storage Rooms
- Exterior Features: Balcony,Dog Run,Garden,Other
- Exterior Contruction: Frame
- Foundation: Basement,Crawlspace
- Front Exposure: South
- Roof: Metal
- Building Sqft: 4476
Available now at $650,000
Approximate Room Sizes / Descriptions
| Living Room | | First | |
| Kitchen | | First | |
| Primary Bedroom | | Second | |
- Attached Garage: False
- Garage: True
- Garage Spaces: 2
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central,Electric
- Utilities: Cable Available,Electricity Connected,Fire Hydrant,Phone Available,Sewer Connected,Underground Utilities,Water Connected
- Lot Sqft: 22800.00
- Lot Acres: 0.5200
- Total Acre: 1/2 to less than 1
- Lot Num: 5
- Style: Single Family Residence
- Property Desc: Corner Unit,Studio/Efficiency,Elevated
Neighborhood
The average asking price of a 5 bedroom New Port Richey home in this zip code is
$1,006,217 (54.8% more than this home).
This home is priced at $191/sqft,
which is 61.8% less than similar homes
in the 34652 zip code.
Potential Great Value
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Financial
- Approx Payment:$3,162*
- Taxes:$6,214
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(813) 335-0328 and speak with one of our real estate consultants.
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434
1.2%
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102
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279
1.1%
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57
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44
2.3%
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81
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3.1%
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81
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464
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77
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0.9%
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290
0.7%
51.0%
67
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262
1.1%
55.0%
69
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133
0.0%
54.1%
57
$486,634
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365
1.1%
55.3%
84
$490,292
$444,900
879
0.8%
60.1%
80
$439,377
$373,942
300
2.7%
60.7%
86
$490,473
$415,000
115
0.9%
44.3%
83
$382,735
$351,895
884
1.7%
51.5%
77
$352,053
$350,000
248
0.8%
65.7%
105
$899,621
$545,000
2868
0.8%
48.6%
78
$559,263
$531,450
52
5.8%
40.4%
73
$1,479,416
$525,000
42
0.0%
40.5%
86
$629,336
$539,450
80
0.0%
47.5%
71
$521,416
$485,000
304
1.6%
51.3%
68
$594,970
$524,000
679
0.6%
58.9%
82
$452,273
$384,670
379
2.6%
56.2%
84
$402,220
$375,000
435
1.6%
60.0%
90
Listing Courtesy of ALIGN RIGHT REALTY CARROLLWOOD.
For information or to schedule a viewing of this property (MLS# TB8381226), call: 813-335-0328
5603 Palmetto Rd, New Port Richey FL is a single family home of 3408 sqft and
is currently priced at $650,000
.
This single family home has 5 bedrooms.
A comparable home for sale at 7049 Peninsular Dr in New Port Richey is listed at $1,300,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in New Port Richey, FL.
Peninsular Paradise, Reserve At Sea Forest and Grand View Park are nearby neighborhoods.
MLS TB8381226 has been posted on this site since 5/2/2025 (today).
2025
5/25/2025.