$599,000

$176/sq ft

$51,000
Price Decreased

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Overview

Bedroom

5

Bath

4

Year Built

1928

Garage

2

Sqft

3408

Property Type

Single Family Residence

Property Description

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

MLS#

TB8381226

Garage

2

Address

5603 PALMETTO

City

New Port Richey

State/county

FL

Zip/Postal Code

34652

Area

Jasmin Point Estates

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$6,214

Maint Fee

$--

Tax Year

2024

Dishwasher

Electric Water Heater

Freezer

Other

Range

Refrigerator

Water

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Boris Gelfand