David Shippey
863.521.4517

5603 Palmetto Road New Port Richey Florida | Home for Sale

To schedule a showing of 5603 Palmetto Road, New Port Richey, Florida, Call David Shippey at 863-521-4517 TODAY!

$599,000 Reduced -$26,000
5603 Palmetto Road
New Port Richey, FL 34652
  • 5Beds
  • 4.00Total Baths
  • 4 Full, 0 HalfBaths
  • 3,408SqFt
  • 1928Year Built
  • 0.52Acres
  • MLS# TB8381226
  • Residential
  • SingleFamilyResidence
  • Active

  • Approx Time on Market2 months, 21 days
  • Area34652 - New Port Richey
  • CountyPasco
  • Subdivision Jasmin Point Estates

Overview

This unique 5-bedroom, 4-bathroom home offers 2,928 sq ft of living space on a spacious 0.52-acre lot. Home overlooks the peaceful Cottee River in the heart of downtown New Port Richey! Originally built in 1928 and updated in 1991, the home combines historic charm with modern potential. One bedroom and one bathroom are located on the main floor, with four additional bedrooms and three bathrooms on the second floor. The floors are original southern yellow pine hardwood floors, which could easily be restored, bringing back their natural beauty and adding warmth and character throughout the home. There's a finished attic, creating extra versatile living space on the third level, while an unfinished basement offers additional storage or customization potential. The detached two-car garage includes an additional 480 sq ft apartment above the garage. The garage itself could also be converted into additional living space, creating a flexible two-story accessory dwelling unitideal for guests, rentals, or multi-generational living. Property is Zoned R1 with potential for multi-family development, this property is perfect for investors or homeowners seeking room to grow. Located in a quiet neighborhood just minutes from parks, schools, and all downtown amenities. A rare riverfront opportunity with flexibility and future potential!



Agriculture / Farm

Association Fees / Info

Senior Community:  No

Association:  ,No,

Bathroom Info

Total Baths:  4.00

Fullbaths:  4

Building Info

Roof:  Metal

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Patio:  Balcony

Pool Private:  No

Exterior Features:  Balcony, DogRun, Garden, Other

Fees / Restrictions

Financial

Original Price:  $650,000

Garage / Parking

Open Parking:  No

Attached Garage:  No

Garage:  Yes

Carport:  No

Green / Env Info

Interior Features

Fireplace Desc:  LivingRoom, Masonry, WoodBurning

Fireplace:  Yes

Floors:  Wood

Levels:  ThreeOrMore

Spa:  No

Laundry Features:  ElectricDryerHookup, Inside, LaundryRoom

Interior Features:  CeilingFans, Attic, SeparateFormalDiningRoom, SeparateFormalLivingRoom

Appliances:  Dishwasher, ElectricWaterHeater, Freezer, Range, Refrigerator

Lot Info

Direction Remarks:  From US Hwy 19 and Main Street - Proceed East on Main Street. Turn left onto River Road. Stay to the right when it forks. Turn right onto Palmetto Road. Subject property is on the left, at the corner of Palmetto Drive and Mandy Lane. **** Turn left onto Mandy Lane for driveway parking.

Lot Size Units:  Acres

Lot Size Acres:  0.52

Lot Sqft:  22,800

Misc

Other

Other Structures:  GarageApartment

Special Conditions:  None

Security Features:  FireHydrants

Other Rooms Info

Basement:  Unfinished,CrawlSpace

Property Info

Section:  32

Class Type:  SingleFamilyResidence

Property Sub Type:  SingleFamilyResidence

Property Attached:  No

New Construction:  No

Construction Materials:  WoodFrame

Foundation:  Basement, Crawlspace

Human Modified:  Yes

Room Info

Total Rooms:  3

Sqft Info

Sqft:  3,408

Bulding Area Sqft:  4,476

Living Area Units:  SquareFeet

Living Area Source:  PublicRecords

Tax Info

Tax Year:  2,024

Tax Lot:  5

Tax Legal Description:  JASMIN POINT ESTATES PB 4 PGS 14 & 14A BLOCK 4 LOTS 5 & 6 & SOUTH 40.00 FT OF LOTS 11 & 12 OR 2013 PG 566

Tax Block:  4

Tax Annual Amount:  6214.11

Tax Book Number:  4-14

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Water Source:  Public

Sewer:  PublicSewer

Cool System:  CentralAir, CeilingFans

Cooling:  Yes

Heating:  Yes

Utilities:  CableAvailable, ElectricityConnected, PhoneAvailable, SewerConnected, UndergroundUtilities, WaterConnected

Waterfront / Water

Waterfront:  No

View:  Yes

View:  Water

Schools

Elem:  Richey Elementary School

Middle:  Gulf Middle-Po

High:  Gulf High-Po

Directions

From US Hwy 19 and Main Street - Proceed East on Main Street. Turn left onto River Road. Stay to the right when it forks. Turn right onto Palmetto Road. Subject property is on the left, at the corner of Palmetto Drive and Mandy Lane. **** Turn left onto Mandy Lane for driveway parking.

This listing courtesy of Align Right Realty Carrollwood 

Mortgage Calculator

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Price & Status History (on davidshippey.com since Fri, May 2nd 2025)
  • Original Price: $650,000
  • Current Price: $599,000
  • Price Reduced: $51,000
Date ChangedFromTo
06/27/2025$625,000 $599,000 Reduced by $26,000
06/05/2025$650,000 $625,000 Reduced by $25,000

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If you have any questions on 5603 Palmetto Road, New Port Richey, Florida, please call David Shippey at 863-521-4517.


MLS# TB8381226 located at 5603 Palmetto Road, New Port Richey, Florida is brought to you by David Shippey REALTOR®

5603 Palmetto Road, New Port Richey, Florida has 5 Beds, 4 Full Bath, and 0 Half Bath.
The MLS Number for 5603 Palmetto Road, New Port Richey, Florida is TB8381226.
The price for 5603 Palmetto Road, New Port Richey, Florida is $599,000.
The status of 5603 Palmetto Road, New Port Richey, Florida is Active.
The subdivision of 5603 Palmetto Road, New Port Richey, Florida is Jasmin Point Estates.
The home located at 5603 Palmetto Road, New Port Richey, Florida was built in 2025.

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