5603 PALMETTO RD, NEW PORT RICHEY, FL, 34652
$599,000
Residential
Bedrooms
5
Bathrooms
4
Living Area
3,408 Sqft
Lot Size
22,800 Sqft
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!
Property Details
Property Features Property Features
MLS ID: MFRTB8381226 Year Built: 1928
Appliances: Dishwasher, Electric Water Heater, Freezer, Other, Range, Refrigerator Basement: Unfinished
Construction Materials: Frame Cooling: Central Air
Country: US County Or Parish: Pasco
Direction Faces: South Exterior Features: Balcony, Dog Run, Garden, Other
Fireplace Features: Living Room, Masonry, Wood Burning Flooring: Wood
Foundation Details: Basement, Crawlspace Heating: Central, Electric
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room Levels: Three Or More
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Occupant Type: Vacant Possession: Close Of Escrow
Property Sub Type: Single Family Residence Property Type: Residential
Road Surface Type: Asphalt Roof: Metal
Sewer: Public Sewer Showing Requirements: Supra Lock Box, Lock Box Electronic, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Underground Utilities, Water Connected
View: Water Water Source: Public
Rooms Rooms
Living Room: Primary Bedroom:
Kitchen:
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