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Bryan Fangman

bryan@precisionapproachrealty.com +1(407) 358-6996

$ 425,000

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5117 MALLETT DR Port Richey, FL 34668

5 Beds

4 Baths

1,928 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Duplex

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,928 sqft

Price per Sqft $220

Subdivision Behms Sub

MLS Listing ID TB8551605

Bedrooms 5

Construction Status Completed

HOA Y/N No

Year Built 1968

Annual Tax Amount $4,613

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 70 x 150

Property Sub-Type Duplex

Source Stellar MLS

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.

Location

State FL

County Pasco

Community Behms Sub

Area 34668 - Port Richey

Zoning R2

Interior

Interior Features Ceiling Fans(s), Open Floorplan, Solid Surface Counters

Heating Ductless

Cooling Mini-Split Unit(s)

Flooring Tile, Vinyl

Furnishings Unfurnished

Fireplace false

Appliance Microwave, Range, Refrigerator

Laundry None

Exterior

Exterior Feature Balcony, Lighting, Storage

Parking Features Driveway, Oversized

Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Porch Patio, Screened

Attached Garage false

Garage false

Private Pool No

Building

Lot Description Street Dead-End

Entry Level Two

Foundation Slab

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Block,Concrete

New Construction false

Construction Status Completed

Schools

Elementary Schools Richey Elementary School

Middle Schools Gulf Middle-Po

High Schools Gulf High-Po

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Brian Kanicki 54 REALTY LLC

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NEARBY SCHOOLS & PROPERTIES

Bryan Fangman

Broker / Owner License ID: BK679904

+1(407) 358-6996

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Bryan Fangman

5117 MALLETT DR Port Richey, FL 34668

Key Details

Location

Interior

Exterior

Building

Schools

Others

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5117 MALLETT DR