Real Estate Companies Venice, FL

DUPLEX • INCOME POTENTIAL • 5 BEDROOMS • 4 FULL BATHS • TWO SEPARATE LIVING AREAS • 2020 ROOF • NO HOA • OVERSIZED PARKING | Discover the flexibility and income potential of this unique Port Richey property offering two separate living units with a combined 5 bedrooms and 4 full bathrooms. Whether you're looking to add to your rental portfolio, live in one unit while renting the other, or create a multi-generational living arrangement, this property offers a variety of possibilities. The front residence features 3 bedrooms and 2 full bathrooms with a comfortable living area, updated kitchen with blue cabinetry and stainless-steel appliances, tile flooring throughout, ceiling fans, neutral finishes, and individual mini-split A/C systems. Two bedrooms and a full bath are located off the main hallway, while the third bedroom and second full bath are positioned toward the rear of the residence. The rear residence offers 2 bedrooms and 2 full bathrooms across two levels. The first floor provides a furnished studio-style bedroom/living space with a kitchenette, full bath with walk-in shower, storage, and spiral staircase leading upstairs. The second level features a spacious living area, updated full kitchen with white cabinetry, tile backsplash, stainless steel appliances, a separate bedroom and full bath, plus a screened upper balcony overlooking the backyard. Separate exterior entrances on both levels add privacy and flexibility. Additional updates and features include a 2020 roof, luxury vinyl and tile flooring throughout, tiled bathrooms, newer interior and exterior paint, updated kitchens, stainless steel appliances, exterior storage, and multiple cooling systems. Outside, the property offers an oversized driveway with abundant parking and room for a boat, patio space, a large backyard (nearly a 1/4 acre!), mature landscaping, and a peaceful setting at the end of Mallett Drive. With No HOA / No CDD, there are no association fees to contend with. Located near shopping, dining, marinas, boat launches, boating destinations, Gulf Coast recreation, and area beaches, this property combines location, flexibility, and income-producing potential. Current estimated rental potential is approximately $2,000–$2,200 per month for the front residence and $1,800–$2,000 per month for the rear residence, offering potential combined rents of approximately $3,800–$4,200 per month. Buyer should independently verify rental rates, permitted uses, and square footage.

Property Details

Property Features
MLS ID:	MFRTB8551605	Year Built:	1968
Appliances:	Microwave, Range, Refrigerator	Construction Materials:	Block, Concrete
Cooling:	Mini-Split Unit(s)	Country:	US
County Or Parish:	Pasco	Exterior Features:	Balcony, Lighting, Storage
Flooring:	Tile, Vinyl	Foundation Details:	Slab
Furnished:	Unfurnished	Heating:	Ductless
Laundry Features:	None	Levels:	Two
Listing Agreement:	Exclusive Right To Sell	Listing Terms:	Cash, Conventional, FHA, VA Loan
Lot Features:	Street Dead-End	Occupant Type:	Vacant
Parking Features:	Driveway, Oversized	Patio And Porch Features:	Patio, Screened
Pets Allowed:	Yes	Property Condition:	Completed
Property Sub Type:	Duplex	Property Type:	Residential Income
Road Responsibility:	Public Maintained Road	Road Surface Type:	Paved
Roof:	Shingle	Sewer:	Public Sewer
Showing Requirements:	Supra Lock Box, See Remarks, ShowingTime	Special Listing Conditions:	None
Standard Status:	Active	State Or Province:	FL
Utilities:	BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected	Water Source:	Public

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