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Overview

5 bd4 ba1,928 sqftDuplex
TypeDuplex
HOANone listed
Built1968
Lot10,500 sqft
Living area1,928 sqft
Price / sqft$220

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Open FloorplanSolid Surface CountersBalconyLightingStorageMicrowaveRange

5117 Mallett Dr is a 1968-built home in Behms Sub, Port Richey. Inside you'll find 5 bedrooms, 4 bathrooms, and 1,928 square feet of living space. Listed at $425,000 (about $220/sqft), 17 days on market. Flood zone AE - confirm flood insurance requirements with your lender.

From the listing

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, tile flooring, lots of 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, vinyl flooring, 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, new flooring throughout, tiled bathrooms, newer interior and exterior paint, new windows and doors, 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.

The essentials

Built
1968
Price / sqft
$220
On market
17 days
Annual tax
$4,614
Flood zone
AE
Lot
10,500 sqft
Type
Duplex

At a glance

Multi-family
Built 1968
10,500 sqft lot
Lot size
1,928 sqft
Living area

Payment

Est. monthly payment
$2,814/mo
Down payment (20%)
$85,000
Property taxes
$384/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
1968
Lot
10,500 sqft
Cooling
Mini-Split Unit(s)
Heating
Ductless
Parking
Driveway, Oversized
Days on Market
17
Ceiling Fans(s)
Open Floorplan
Solid Surface Counters
Balcony
Lighting
Storage
Microwave
Range
Refrigerator
Elementary
Richey Elementary School
Middle
Gulf Middle-PO
High
Gulf High-PO

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone AE
Annual Tax (2025)
$4,614
Parcel #
32-25-16-0190-00A00-0070

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
Behms Sub
County
Pasco
MLS Area
34668 - Port Richey
Lot Size
10,500 sqft
Street Dead-End

Price history

Date
Event
Price
9/23/2026
Listed for sale
Source: Stellar MLS #TB8551605
$425,000+13.3%
$220/sqft
5/31/2024
Sold
Source: Pasco County Public Record
$375,000
$195/sqft

Neighborhood

5117 Mallett Dr
Port Richey, FL, 34668 · 34668 - Port Richey

Market insights

Offer Insights

Choose an offer strength

List price: $425,000
$422,500 – $425,000
99.5% – 100% of listTops out right at the list price
80% of listList price
200 of the last 330 home closings in 34668 landed at this number or higher (61%). The median one sat 33 days before it went under contract, and this one is on day 17.

Sample: 330 closed home sales in 34668 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,814/mo
Principal & interest$2,217
Property taxes$384
Insurance$213
Down payment20% · $85,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$425,000

$220 per sq ft

Beds and baths

5 beds, 4 baths

Size

1,928 sq ft

Time on market

17 days

Year built

1968

Monthly payment

About $2,814/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $4,614 annual tax bill, insurance.

Flood zone

Zone AE

That is a high-risk designation, so a lender will normally require flood insurance. Confirm the current rate before you write an offer.

Offer

What should I offer?

Have another question?

Brokered by54 REALTY LLCListing agent: Brian KanickiListing data from Stellar MLS, MLS# TB8551605.

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