$232/sqft·Port Richey Land CO
Est. $1,460/moSee payment5045 Green Key Rd is a 1930-built home in Port Richey Land CO Sub, New Port Richey. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,205 square feet of living space. Listed at $279,900 (about $232/sqft), 91 days on market. Flood zone AE - confirm flood insurance requirements with your lender.
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.
Elementary
James M Marlow Elementary-PO
Middle
Gulf Middle-PO
High
Gulf High-PO
Districts can re-zone, so verify directly with the district before relying on these.
Annual Tax (2025)
$1,573
Parcel #
05-26-16-0180-01200-0030
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Subdivision
Port Richey Land CO Sub
County
Pasco
MLS Area
34652 - New Port Richey
Lot Size
11,550 sqft
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