Melissa Wood
REALTOR®
BEDS2
BATHS
SQUARE FEET1,205
MLS#TB8499091
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPORT RICHEY LAND CO
Property Description
FULLY OCCUPIED CASH FLOWING DUPLEX FOR SALE IN NEW PORT RICHEY FL | TURNKEY INVESTMENT OPPORTUNITY | NO HOA | PRE INSPECTED Welcome to 5045 GREEN KEY ROAD, NEW PORT RICHEY, FL 34652, a 100 PERCENT OCCUPIED INCOME PRODUCING DUPLEX delivering IMMEDIATE CASH FLOW with BUILT IN TRANSPARENCY AND REDUCED INVESTOR RISK and NO HOA. This TURNKEY PROPERTY features a 2 BEDROOM 2 BATHROOM MAIN RESIDENCE PLUS A DETACHED 1 BEDROOM 1 BATHROOM UNIT, creating a DUAL INCOME STREAM ideal for both seasoned investors and first time buyers entering CASH FLOWING REAL ESTATE. The property has been RENOVATED INSIDE AND OUT, including NEW FLOORING, NEW COUNTERTOPS, NEW KITCHEN CABINETS, AND AN UPDATED BATHROOM, offering LOW DEFERRED MAINTENANCE, and sits on a SPACIOUS 0.27 ACRE LOT WITH VALUE ADD AND EXPANSION POTENTIAL. Major system upgrades include a BRAND NEW ROOF (2026), HVAC (2025), and WATER HEATER (2025), providing long term peace of mind for investors. Enjoy additional features including a LARGE SCREENED IN LANAI AND ENCLOSED PORCH, along with PRIVATE LIVING SPACES FOR EACH UNIT to support STRONG TENANT RETENTION. Investor advantages include SEPARATELY METERED ELECTRIC, with tenants paying their own electric, and ONE SHARED WATER METER, helping maintain a FAVORABLE EXPENSE STRUCTURE. This property also offers PRE LISTING DUE DILIGENCE COMPLETED, including a CLEAN 4 POINT INSPECTION AND WIND MITIGATION REPORT, with REPORTS AND FLOOR PLAN ATTACHED IN THE MLS, providing CONFIDENCE FOR FINANCING, POTENTIAL INSURANCE SAVINGS, AND A SMOOTHER CLOSING PROCESS. Ideally located just minutes from GREEN KEY BEACH, DOWNTOWN NEW PORT RICHEY, SIMS PARK, THE COTEE RIVER, SHOPPING, DINING, AND MAJOR ROADWAYS, this property benefits from a HIGH DEMAND RENTAL LOCATION WITH STRONG LONG TERM APPRECIATION POTENTIAL. This is a STABILIZED, INCOME PRODUCING ASSET NOT A PROJECT, offering the perfect combination of IMMEDIATE CASH FLOW, LOWER OPERATIONAL RISK, STRONG INFRASTRUCTURE UPGRADES, AND FUTURE UPSIDE. DON'T MISS THIS OPPORTUNITY TO SECURE A PERFORMING INVESTMENT PROPERTY IN A GROWING GULF COAST MARKET. SCHEDULE YOUR PRIVATE SHOWING TODAY.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Mini-Split Unit(s)
Heating: Electric
Lot Size: 0.27 Acres
Roof Type: Membrane, Shingle
Taxes: $1,573
Year Built: 1930
Amenities
Thermostat
Fence
Feature Descriptions
Annual Net Income: 30000.00
Directions: FROM US-19 N TURN LEFT ON GREEN KEY ROAD. 0.2 MILES DESTINATION ON RIGHT.
Exterior: Block
Flood Zone Code: AE
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA, VA Loan
Lot Dimensions: 0.27
Ownership: Fee Simple
Pets Allowed: Cats OK, Dogs OK
Property Attached Y/N: No
Property Sub-Type: Duplex
Sewer: Public Sewer
Showing Instructions: Combination Lock Box, ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: R3
Local Schools
High School: Gulf High-PO
Middle School: Gulf Middle-PO
Elementary School: James M Marlow Elementary-PO
Listed By / Shown By
Listed By
Agency Name: REAL BROKER, LLC
Agency Contact: 855-450-0442
Shown By
Agent Name: Melissa Wood
Agent Phone: (813) 623-2800
Agency Title: Florida Executive Realty
Estimate Your Payment
Estimated Payment
$ 898.59 per month $678.58 Principal & Interest $131.08 Property Tax $88.93 Homeowner's InsuranceChange Payment Information
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5045 Green Key Road | MLS# TB8499091
This multi-family property located at 5045 Green Key Road, New Port Richey, FL 34652 is currently listed for sale with an asking price of $304,900. Search New Port Richey real estate on mwood.floridaexecutiverealty.com today.