Investor Opportunity! Cash Flow property in New Port Richey Florida. Two separate homes with two addresses on one parcel. Strong rental demand area. Established rental income already in place. No HOA fees NO LOT rent. Low annual taxes and low overhead expenses. City water with septic system. Separate electric meters. Long-term investment potential. Affordable housing market continues to grow in Pasco County. Hard-to-find multi unit set up not easily duplicated today. Excellent opportunity for investor, cash-flower buyer, or owner, investor. Property includes: 3 bedroom/ 2 bath mobile home plus 2 bed 2 bath mobile , one tax parcel with 2 income producing units. 5820 and 5824 OLIVE DR New Port Richey, FL owned land, no lot rent! 2 separate tenants in place. Clean updated interiors, washer/dryers stable tenants, large parking area.
For sale
$199,000
NEW PORT RICHEY, FL 34652
5beds
1,264sqft
Mobile Home
Built in 1971
5,050 Square Feet Lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
- 1 day |
- 39 |
- 3 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Gina Rooney 815-236-6027,
STAR BAY REALTY CORP. 813-533-6467
Source: Stellar MLS,MLS#: TB8532818
Originating MLS: Suncoast Tampa

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Built-in Closet
- Level: First
Primary bedroom
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bathroom 1
- Level: First
Bathroom 2
- Level: First
Bathroom 3
- Level: First
Kitchen
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Inside
Features
- Primary Bedroom Main Floor
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,264
- Total interior livable area: 1,264 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Private Entrance, Private Mailbox, Private Yard
Lot
- Size: 5,050 Square Feet
Details
- Additional parcels included: NA
- Parcel number: 162532048.0005.00002.0
- Zoning: R1MH
- Special conditions: None
Construction
Type & style
- Home type: MobileManufactured
- Property subtype: Mobile Home
Materials
- Metal Siding
- Foundation: Pillar/Post/Pier
- Roof: Membrane
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: VENSETTA PARK
HOA
- Has HOA: No
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $157/sqft
- Annual tax amount: $1,050
- Date on market: 8/10/2026
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Gravel
- Body type: Single Wide
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Listed for sale | $199,000+696%$157/sqft |
Source: | ||
| 7/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/26/2023 | Listed for rent | $1,150$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/10/2017 | Sold | $25,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,042 +23.4% | $43,290 +17.9% |
| 2023 | $845 +15.1% | $36,724 +22.3% |
| 2022 | $734 +6.6% | $30,040 +21% |
| 2021 | $688 +12.3% | $24,830 +10% |
| 2020 | $613 +1.6% | $22,579 -0.1% |
| 2019 | $603 | $22,591 +2.5% |
| 2018 | $603 +3.7% | $22,050 +12.6% |
| 2017 | $582 +6.2% | $19,584 +8.2% |
| 2016 | $548 +14% | $18,097 +3.2% |
| 2015 | $481 +7.3% | $17,543 +6.5% |
| 2014 | $448 | $16,480 -37.5% |
| 2012 | -- | $26,374 -26.7% |
| 2011 | -- | $35,994 |
Monthly payment
Climate risks
Neighborhood: 34652
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 1.8 mi
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