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)
For sale
$334,900
5651 Monroe St, New Port Richey, FL 34653
2beds
1,256sqft
Est.:
Single Family Residence
Built in 1941
0.48 Acres Lot
$325,300 Zestimate®
$267/sqft
$-- HOA
What's special
Generously sized bedroomsBright creatively designed layoutQuiet streetComfortable great room
- 12 days |
- 576 |
- 28 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listing Provided by:
John Brokalakis 727-403-9788,
FUTURE HOME REALTY 800-921-1330
Source: Stellar MLS,MLS#: W7885045
Originating MLS: West Pasco

Tour with a local agent
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: $267/sqft
- Tax assessed value: $223,405
- Annual tax amount: $3,819
- Date on market: 4/22/2026
- Cumulative days on market: 35 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$325,300
$309,000 - $342,000
$1,643/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $334,900-4.3%$267/sqft |
Source: | ||
| 4/9/2026 | Listing removed | $349,900$279/sqft |
Source: | ||
| 3/17/2026 | Listed for sale | $349,900$279/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
$2,133/mo
Principal & interest
$1650
Property taxes
$483
More affordability tools
Climate risks
Neighborhood: East Madison
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 0.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Pasco County
- New Port Richey
- 34653
- East Madison
- 5651 Monroe St







