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For sale
    • Price cut: $15K (7/29)
    $299,900

    5651 MONROE STREET, NEW PORT RICHEY, FL 34653

    2beds
    1,256sqft
    : 
    $2,003/mo
    Get pre-qualified
    Single Family Residence
    Built in 1941
    0.48 Acres Lot
    $289,200 Zestimate®
    $239/sqft
    $-- HOA

    What's special

    Generously sized bedroomsBright creatively designed layoutQuiet streetComfortable great room
    Waterfront opportunity on the scenic Pithlachascotee River—this is all about the land and location. Situated on a quiet street, this rare property features a deep, oversized lot that extends directly to the river with Gulf access, offering endless potential for outdoor living, expansion, or future value. The home itself is a true Old Florida original, uniquely constructed with interior and exterior accent walls made from authentic stones sourced from the Pithlachascotee River. Distinctive architectural details like curved glass windows and castle-like angles give it undeniable character. Inside, you’ll find a bright, creatively designed layout with generously sized bedrooms, a comfortable great room, and a kitchen highlighted by a curved bay window with views out to the River. A detached garage provides ample space for storage or a workshop. Whether you’re looking to enjoy it as-is or capitalize on the incredible waterfront lot, this is a rare chance to secure a prime piece of riverfront property at a compelling price point. NEWER ROOF (2020) UPDATED PANEL (2018) NEW WATER HEATER (2023)
    112 days
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    718
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    49
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Brokalakis 727-403-9788,

    FUTURE HOME REALTY 800-921-1330

    Source: Stellar MLS,MLS#: W7885045MLS LogoOriginating MLS: West Pasco

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Built-in Closet
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Dining room
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Propane
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Range, Refrigerator
      • Laundry: Common Area, Inside
      Features
      • Eating Space In Kitchen, Living Room/Dining Room Combo
      • Flooring: Carpet, Ceramic Tile, Linoleum, Hardwood
      • Has fireplace: No
      Interior area
      • Total structure area: 1,704
      • Total interior livable area: 1,256 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Workshop in Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: None
      • Has view: Yes
      • View description: Trees/Woods, Water, River
      • Has water view: Yes
      • Water view: Water,River
      • Waterfront features: River Front, River Access, Bridges - Fixed
      • Body of water: PITHLACASCOTEE RIVER
      Lot
      • Size: 0.48 Acres
      • Features: Flood Insurance Required
      Details
      • Parcel number: 1626090170000000040
      • Zoning: R3
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Other, Stone
      • Foundation: Block, Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1941

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: ARTHUR GIBSONS SUB
      HOA
      • Has HOA: No
      Location
      • Region: New Port Richey

      Financial & listing details

      • Price per square foot: $239/sqft
      • Tax assessed value: $223,405
      • Annual tax amount: $3,819
      • Date on market: 4/22/2026
      • Cumulative days on market: 122 days
      • Listing terms: Cash
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $289,200

        $275,000 - $304,000

        $1,602/mo

        Price history

        DateEventPrice
        7/29/2026Price change$299,900-4.8%$239/sqft
        Source: Stellar MLS #W7885045 Report a problem
        6/24/2026Price change$314,900-3.1%$251/sqft
        Source: Stellar MLS #W7885045 Report a problem
        5/19/2026Price change$324,900-3%$259/sqft
        Source: Stellar MLS #W7885045 Report a problem
        4/22/2026Listed for sale$334,900-4.3%$267/sqft
        Source: Stellar MLS #W7885045 Report a problem
        4/9/2026Listing removed$349,900$279/sqft
        Source: Stellar MLS #W7883970 Report a problem
        3/17/2026Listed for sale$349,900$279/sqft
        Source: Stellar MLS #W7883970 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,752 +5.2%$198,682 +3%
        2023$3,566 +13.6%$192,920 +9.1%
        2022$3,139 +8%$176,754 +11%
        2021$2,907 +120%$159,203 +74.2%
        2020$1,321 +6.6%$91,400 +2.3%
        2019$1,240 $89,350 +1.9%
        2018$1,240 +2.7%$87,686
        2017$1,207 +1.7%$87,686 +4.2%
        2016$1,186 +1.9%$84,116 +0.7%
        2015$1,164 +1.2%$83,531 -30.8%
        2014$1,151 $120,762 +2.8%
        2013-- $117,487 +8%
        2012-- $108,821 -16.8%
        2011-- $130,771 -0.8%
        2010-- $131,773 -1.9%
        2009-- $134,347 -37.6%
        2008-- $215,226 -12.9%
        2007-- $247,157 +1.4%
        2006-- $243,648 +16.7%
        2005-- $208,776 +58.8%
        2004-- $131,435 +26.3%
        2003-- $104,097 -0.8%
        2002-- $104,910 +24.6%
        2000-- $84,202
        1999-- $84,202
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: East Madison

        Getting around

        44 / 100
        Car-Dependent
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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