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.
For sale
Price cut: $5.9K (5/8)
$299,000
5045 Green Key Rd, New Port Richey, FL 34652
2beds
2baths
1,205sqft
Est.:
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
- 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#: TB8499091
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
$1,426/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Price change | $299,000-1.9%$248/sqft |
Source: | ||
| 4/19/2026 | Listed for sale | $304,900$253/sqft |
Source: | ||
| 3/23/2026 | Listing removed | $1,249$1/sqft |
Source: Stellar MLS #TB8482885 Report a problem | ||
| 3/4/2026 | Listed for rent | $1,249$1/sqft |
Source: Stellar MLS #TB8482885 Report a problem | ||
| 1/25/2025 | Listing removed | $1,249$1/sqft |
Source: Stellar MLS #TB8335454 Report a problem | ||
| 1/6/2025 | Listed for rent | $1,249$1/sqft |
Source: Stellar MLS #TB8335454 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 1.5 mi
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.
- Florida
- Pasco County
- New Port Richey
- 34652
- 5045 Green Key Rd




