5117 Mallett Drive, Port Richey, FL 34668
- $425,000
- 5
- BD
- 4
- BA
- 1,928
- SqFt
- List Price
- $425,000
- MLS#
- TB8551605
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 1,928
- Lot Size
- 10,500
- Subdivision
- Behms Sub
- Year Built
- 1968
Property Description
DUPLEX • INCOME POTENTIAL • 5 BEDROOMS • 4 FULL BATHS • TWO SEPARATE LIVING AREAS • 2020 ROOF • NO HOA • OVERSIZED PARKING | Discover the flexibility and income potential of this unique Port Richey property offering two separate living units with a combined 5 bedrooms and 4 full bathrooms. Whether you're looking to add to your rental portfolio, live in one unit while renting the other, or create a multi-generational living arrangement, this property offers a variety of possibilities. The front residence features 3 bedrooms and 2 full bathrooms with a comfortable living area, updated kitchen with blue cabinetry and stainless-steel appliances, tile flooring throughout, ceiling fans, neutral finishes, and individual mini-split A/C systems. Two bedrooms and a full bath are located off the main hallway, while the third bedroom and second full bath are positioned toward the rear of the residence. The rear residence offers 2 bedrooms and 2 full bathrooms across two levels. The first floor provides a furnished studio-style bedroom/living space with a kitchenette, full bath with walk-in shower, storage, and spiral staircase leading upstairs. The second level features a spacious living area, updated full kitchen with white cabinetry, tile backsplash, stainless steel appliances, a separate bedroom and full bath, plus a screened upper balcony overlooking the backyard. Separate exterior entrances on both levels add privacy and flexibility. Additional updates and features include a 2020 roof, luxury vinyl and tile flooring throughout, tiled bathrooms, newer interior and exterior paint, updated kitchens, stainless steel appliances, exterior storage, and multiple cooling systems. Outside, the property offers an oversized driveway with abundant parking and room for a boat, patio space, a large backyard (nearly a 1/4 acre!), mature landscaping, and a peaceful setting at the end of Mallett Drive. With No HOA / No CDD, there are no association fees to contend with. Located near shopping, dining, marinas, boat launches, boating destinations, Gulf Coast recreation, and area beaches, this property combines location, flexibility, and income-producing potential. Current estimated rental potential is approximately $2,000–$2,200 per month for the front residence and $1,800–$2,000 per month for the rear residence, offering potential combined rents of approximately $3,800–$4,200 per month. Buyer should independently verify rental rates, permitted uses, and square footage.
/u.realgeeks.media/storkrealestate/stork-logo-deepened-2000w.png){kind=logo}
Additional Information
- Community Features
- No Deed Restriction
- Style
- Duplex
- Interior
- Ceiling Fans(s), Open Floorplan, Solid Surface Counters
- Interior Features
- Ceiling Fans(s), Open Floorplan, Solid Surface Counters
- Appliances
- Microwave, Range, Refrigerator
- Exterior Construction
- Block, Concrete
- Exterior
- Balcony, Lighting, Storage
- Roof
- Shingle
- High School
- Gulf High-PO
- Middle School
- Gulf Middle-Po
- Elementary School
- Richey Elementary School
- Located Near
- Street Dead-End
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected
- Garage
- Driveway, Oversized
- Floor
- Tile, Vinyl
- Heating
- Ductless
- Cooling
- Mini-Split Unit(s)
- Pool Type
- No Pool
Listing courtesy of 54 REALTY LLC.
Mortgage Calculator
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on