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$425,000

For Sale

10 days ago

5117 Mallett Dr, Port Richey, FL

House

MLS® TB8551605

5 Bed

4 Bath

1928 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1928 sqft
Garage 
Taxes $4,614
Days Active 10
Lot Size 0.24 Acres
Approx. Age 1968
Avg. Price Per Sqft $220
MLS® Number TB8551605

Property Address: 5117 Mallett Dr, PORT RICHEY, FL, 34668-6435

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberTB8551605
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1968
Basement
DrivewayDriveway, Oversized
Garage Spaces
HeatDuctless
A/CMini-Split Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2026List Date
$425,000List Price
Apr 30, 2024End Date
$375,000Sold Price

Sold

Mar 12, 2024List Date
$395,000List Price
  • Commute

Commute

Starting Address
Destination Address
5117 Mallett Dr, Port Richey, FL

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