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5045 Green Key Road

New Port Richey, FL 34652
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Bed 2

Bed

Bath 2

Bath

SqFt1,205

Sqft

Acres0.27

Acre(Lot)

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 POTE NTIAL. 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $299,000

AD Id : 77606012

MLS Id : MFRTB8499091

Beds : 2

Lot Size : 0.27 Acre

Living Area Size : 1,205

Year Built : 1930

County : Pasco

Subdivision: Port Richey Land Co Sub

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 2

    Interior Features

    Thermostat Roof: Membrane, Shingle Laundry Features: Inside

    Roofing Information

    Membrane, Shingle
  • Flooring Information

    Construction Materials: Block
  • Heating & Cooling

    Heating: Electric Cooling: Mini-Split Unit(s) WaterSource: Public

  • Building Information

    Year Built: 1930
  • Exterior Features

    Fence Construction Materials: Block Foundation Details: Slab

  • Lot Information

    Lot Square Feet: 11550 Lot Acres: 0.27 Lot Size (SqMt): 1073

    Property Information

    Property Type: Residential Income Sub Type: Duplex

  • Listing Price Information

    Original List Price:$304900

  • Tax Information

    Tax Block: 52616 Tax Book Number: 1-61 Tax Lot: 12 Tax Legal Description: PORT RICHEY LAND COMPANY SUB PB 1 PG 61 S 200 FT OF E 66 FT OF TRACT 12 LESS RD R/W OR 4349 PG 967 Annual Tax: $1573.15 Tax Year: 2025 Parcel Number: 05-26-16-0180-01200-0030

  • School Information

    Elementary School: James M Marlow Elementary-PO Junior High School: Gulf Middle-PO Senior High School: Gulf High-PO
  • Utility Information

    Public Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: PORT RICHEY LAND CO SUB City: NEW PORT RICHEY Direction: FROM US-19 N TURN LEFT ON GREEN KEY ROAD. 0.2 MILES DESTINATION ON RIGHT.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5940 & 5934 Meadowlane .., New Port Richey, FL, 34652 $499,900 6 4 2,518 2,518 SqFt
6937 Mcbride Court, New Port Richey, FL, 34652 $299,000 4 2 1,736 1,736 SqFt
5822 River Road, New Port Richey, FL, 34652 $549,900 4 3 2,283 2,283 SqFt
7116-7118 Green Street, New Port Richey, FL, 34652 $325,000 4 2 2,025 2,025 SqFt
5615 Van Doren Avenue, New Port Richey, FL, 34652 $249,000 3 3 1,488 1,488 SqFt
4954 Bitner Street, New Port Richey, FL, 34652 $3,186,000 53 40 801 801 SqFt
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Based on information submitted to the MLS GRID as of 06/24/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 06/24/2026 @ 18:20

MLS: MFRMLS #TB8499091 LISTED BY: Chris Jhoda, REAL BROKER, LLC 855-450-0442 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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