Skip main navigation
For sale
  • Price cut: $5.9K (5/8)
    $299,000

    5045 Green Key Rd, New Port Richey, FL 34652

    2beds
    2baths
    1,205sqft
    : 
    Duplex, Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $248/sqft
    $-- HOA

    What's special

    Enclosed porchLarge screened in lanaiNew flooringNew countertopsUpdated bathroomNew kitchen cabinets
    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 POTENTIAL. 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.
    22 days
    |
    467
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Chris Jhoda 813-388-0036,

    REAL BROKER, LLC 855-450-0442

    Source: Stellar MLS,MLS#: TB8499091MLS LogoOriginating MLS: Orlando Regional

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Electric
      Cooling
      • Ductless
      Appliances
      • Laundry: Inside
      Features
      • Thermostat
      • Has fireplace: No
      Interior area
      • Total structure area: 1,829
      • Total interior livable area: 1,205 sqft
      Video & virtual tour

      Property

      Features
      • Fencing: Fenced
      Lot
      • Size: 0.27 Acres
      Details
      • Parcel number: 0526160180012000030
      • Zoning: R3
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      Materials
      • Block
      • Foundation: Slab
      • Roof: Membrane,Shingle
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: PORT RICHEY LAND CO SUB
      HOA
      • Has HOA: No
      Location
      • Region: New Port Richey

      Financial & listing details

      • Price per square foot: $248/sqft
      • Tax assessed value: $50,952
      • Annual tax amount: $1,573
      • Date on market: 4/19/2026
      • Cumulative days on market: 23 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 2500
      • Tenant pays: Electricity, Sewer, Water
      • Road surface type: Asphalt
      Get pre-qualifiedBe ready to make an offer.
      Connect with an agentGet info on this home, tour, and more.
      Calculate monthly paymentSee if you can afford this home.

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,426/mo

        Price history

        DateEventPrice
        5/8/2026Price change$299,000-1.9%$248/sqft
        Source: Stellar MLS #TB8499091 Report a problem
        4/19/2026Listed for sale$304,900$253/sqft
        Source: Stellar MLS #TB8499091 Report a problem
        3/23/2026Listing removed$1,249$1/sqft
        Source: Stellar MLS #TB8482885 Report a problem
        3/4/2026Listed for rent$1,249$1/sqft
        Source: Stellar MLS #TB8482885 Report a problem
        1/25/2025Listing removed$1,249$1/sqft
        Source: Stellar MLS #TB8335454 Report a problem
        1/6/2025Listed for rent$1,249$1/sqft
        Source: Stellar MLS #TB8335454 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2022$864 +8.2%$42,440 +20.9%
        2021$799 +16.9%$35,090 +10%
        2020$683 -0.6%$31,905 -1.1%
        2019$687 +3.8%$32,275 +4.1%
        2018$662 $31,010 +3%
        2017-- $30,114 +1.8%
        2016-- $29,592 +2.9%
        2015-- $28,753 +2%
        2014-- $28,200

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $1,889/mo
        Principal & interest
        $1458
        Property taxes
        $431
        More affordability tools

          Climate risks

          Neighborhood: 34652

          Getting around

          58 / 100
          Somewhat Walkable
          56 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: James M Marlow Elementary-PO
          • Middle: Gulf Middle-PO
          • High: Gulf High-PO

          Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          A local agent can set up tours, give advice and negotiate with sellers.

          Browse local experts

          Similar homes

          Skip to the end of the carouselSkip to the beginning of the carousel