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Overview

4 bd2 ba2,464 sqftDuplex
TypeDuplex
HOANone listed
Built1984
Lot7,200 sqft
Living area2,464 sqft
Price / sqft$122

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

About this home

Eat-in KitchenFenceRange

5403 Drinkard Dr is a 1984-built home in Old Grove, New Port Richey. Inside you'll find 4 bedrooms, 2 bathrooms, and 2,464 square feet of living space. Listed at $299,900 (about $122/sqft), 23 days on market. Flood zone AE* - confirm flood insurance requirements with your lender.

From the listing

DUPLEX OPPORTUNITY MINUTES FROM DOWNTOWN NEW PORT RICHEY! Offered at just $299,900, this concrete-block duplex presents a compelling opportunity for investors, owner-occupants and buyers looking to build long-term rental income. The property features two separate 2-bedroom, 1-bath units, and BOTH ARE CURRENTLY VACANT, giving the next owner the freedom to renovate, select tenants and establish rents without inheriting existing leases. With approximately 2,464 total square feet, there is plenty of room and plenty of potential. Unit 5403 is currently in better overall condition, while Unit 5409 provides additional value-add opportunity through updating and improvements. The property is dated, but that is exactly where the upside lies. Renovate both units for your rental portfolio, live in one side while renting the other, or improve the property over time as part of a long-term investment strategy. Comparable 2-bedroom rentals in the surrounding New Port Richey market demonstrate strong rental potential, while the location puts residents just minutes from Downtown New Port Richey's restaurants, shopping, parks, entertainment and community events. Two units. Both vacant. Approximately 2,464 square feet. $299,900. Bring your vision and take advantage of an increasingly hard-to-find multifamily opportunity in the heart of New Port Richey.

The essentials

Built
1984
Price / sqft
$122
On market
23 days
Annual tax
$3,820
Flood zone
AE*
Lot
7,200 sqft
Type
Duplex

At a glance

Multi-family
Built 1984
7,200 sqft lot
Lot size
2,464 sqft
Living area

Payment

Est. monthly payment
$2,032/mo
Down payment (20%)
$59,980
Property taxes
$318/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Duplex
Year Built
1984
Lot
7,200 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
Common, Driveway
Days on Market
23
Eat-in Kitchen
Fence
Range
Elementary
Cotee River Elementary-PO
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)
$3,820
Parcel #
16-26-09-015.0-00F.00-013.0

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
Old Grove
County
Pasco
MLS Area
34653 - New Port Richey
Lot Size
7,200 sqft
Corner LotCity LimitsPaved

Price history

Date
Event
Price
9/21/2026
Listed for sale
Source: Stellar MLS #W7889441
$299,900
$122/sqft

Neighborhood

5403 Drinkard Dr
New Port Richey, FL, 34653 · 34653 - New Port Richey

Market insights

Offer Insights

Choose an offer strength

List price: $299,900
$297,500 – $299,900
99.5% – 100% of listTops out right at the list price
80% of listList price
105 of the last 187 home closings in 34653 landed at this number or higher (56%). The median one sat 25 days before it went under contract, and this one is on day 23.

Sample: 187 closed home sales in 34653 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,032/mo
Principal & interest$1,564
Property taxes$318
Insurance$150
Down payment20% · $59,980
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

$299,900

$122 per sq ft

Beds and baths

4 beds, 2 baths

Size

2,464 sq ft

Time on market

23 days

Year built

1984

Monthly payment

About $2,032/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,820 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 bySANDPEAK REALTYListing agent: Michael DumasListing data from Stellar MLS, MLS# W7889441.

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