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Pending
  • Price cut: $26K (6/27)
    $599,000

    5603 Palmetto Rd, New Port Richey, FL 34652

    5beds
    3,408sqft
    : 
    Single Family Residence
    Built in 1928
    0.52 Acres Lot
    $-- Zestimate®
    $176/sqft
    $-- HOA

    What's special

    Unfinished basement
    Under contract-accepting backup offers. 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!
    108 days
    on Zillow
    |
    524
    |
    32
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 30, 2025 at 11:22am

    Listing Provided by:

    Robert Lowry 727-858-8285,

    ALIGN RIGHT REALTY CARROLLWOOD 813-374-6050

    Source: Stellar MLS,MLS#: TB8381226MLS LogoOriginating MLS: Suncoast Tampa

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Attic, Bonus Room, Dining Room, Living Room, Garage Apartment, Media Room, Storage Rooms
    Primary bedroom
    • Features: Built-in Closet
    • Level: Second
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Freezer, Other, Range, Refrigerator
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Ceiling Fan(s), Thermostat
    • Flooring: Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    • Fireplace features: Living Room, Masonry, Wood Burning
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 4,476
    • Total interior livable area: 3,408 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    • Stories: 3
    • Exterior features: Balcony, Dog Run, Garden, Other
    • Has view: Yes
    • View description: Water
    • Water view: Water
    Lot
    • Size: 0.52 Acres
    Details
    • Parcel number: 1625320330004000050
    • Zoning: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Basement, Crawlspace
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Underground Utilities, Water Connected

    Community & HOA

    Community
    • Subdivision: JASMIN POINT ESTATES
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: New Port Richey

    Financial & listing details

    • Price per square foot: $176/sqft
    • Tax assessed value: $705,403
    • Annual tax amount: $6,214
    • Date on market: 5/2/2025
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt
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