To schedule a showing of 5045 Green Key Road, New Port Richey, Florida, Call David Shippey at 863-521-4517 TODAY!

$299,000 Reduced -$5,900
5045 Green Key Road
New Port Richey, FL 34652
  • 2Beds
  • 2.00Total Baths
  • 0 Full, 0 HalfBaths
  • 1,205SqFt
  • 1930Year Built
  • 0.27Acres
  • MLS# TB8499091
  • Income
  • Duplex
  • Active


Overview

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. DONT MISS THIS OPPORTUNITY TO SECURE A PERFORMING INVESTMENT PROPERTY IN A GROWING GULF COAST MARKET. SCHEDULE YOUR PRIVATE SHOWING TODAY.



Agriculture / Farm

Association Fees / Info

Pets Allowed:  CatsOk, DogsOk

Bathroom Info

Total Baths:  2.00

Building Info

Roof:  Membrane, Shingle

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Exterior Features:  Fence

Fees / Restrictions

Financial

Expense Tenant:  Electricity, Sewer, Water

Original Price:  $304,900

Garage / Parking

Green / Env Info

Interior Features

Laundry Features:  Inside

Lot Info

Direction Remarks:  FROM US-19 N TURN LEFT ON GREEN KEY ROAD. 0.2 MILES DESTINATION ON RIGHT.

Lot Size Units:  Acres

Lot Size Acres:  0.27

Lot Sqft:  11,550

Misc

Other

Special Conditions:  None

Other Rooms Info

Property Info

Section:  5

Class Type:  Duplex

Property Sub Type:  Duplex

Construction Materials:  Block

Foundation:  Slab

Human Modified:  Yes

Sqft Info

Sqft:  1,205

Bulding Area Sqft:  1,829

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,025

Tax Lot:  12

Tax Legal Description:  PORT RICHEY LAND COMPANY SUB PB 1 PG 61 S 200 FT OF E 66 FT OF TRACT 12 LESS RD R/W OR 4349 PG 967

Tax Block:  52616

Tax Annual Amount:  1573.15

Tax Book Number:  1-61

Unit Info

Total Actual Rent:  2,500

Utilities / Hvac

Heating:  Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  Ductless

Heating:  Yes

Utilities:  MunicipalUtilities

Waterfront / Water

Schools

Elem:  James M Marlow Elementary-Po

Middle:  Gulf Middle-Po

High:  Gulf High-Po

Directions

FROM US-19 N TURN LEFT ON GREEN KEY ROAD. 0.2 MILES DESTINATION ON RIGHT.

This listing courtesy of Real Broker, Llc 

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Price & Status History (on davidshippey.com since Sun, Apr 19th 2026)
  • Original Price: $304,900
  • Current Price: $299,000
  • Price Reduced: $5,900
Date ChangedFromTo
05/08/2026$304,900 $299,000 Reduced by $5,900

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If you have any questions on 5045 Green Key Road, New Port Richey, Florida, please call David Shippey at 863-521-4517.


MLS# TB8499091 located at 5045 Green Key Road, New Port Richey, Florida is brought to you by David Shippey REALTOR®

5045 Green Key Road, New Port Richey, Florida has 2 Beds, 0 Full Bath, and 0 Half Bath.
The MLS Number for 5045 Green Key Road, New Port Richey, Florida is TB8499091.
The price for 5045 Green Key Road, New Port Richey, Florida is $299,000.
The status of 5045 Green Key Road, New Port Richey, Florida is Active.
The subdivision of 5045 Green Key Road, New Port Richey, Florida is Port Richey Land Co Sub.
The home located at 5045 Green Key Road, New Port Richey, Florida was built in 2026.