5117 Mallett Drive Port Richey, FL 34668
Listing Courtesy of: CITRUS COUNTY / ERA American Suncoast / Wendy Hoffmann

  5117 Mallett Drive Port Richey, FL 34668

Active (16 Days)
$435,000

Description

Great Investment Opportunity! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing! The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner’s suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place at $1300 a month! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile bathrooms, paint inside/out & new roof (2020). Plus, there is a storage room. Whether you're looking to expand your rental portfolio, live on-site and rent the rest, or house multiple generations, this property offers endless possibilities. Located in an ideal location, walk to Whiskey River on the water, plus there are other nearby restaurants such as Hooters & Crab Shack. Marinas, shopping & local boating hotspots such as Anclote Key & the Sandbar make it even more appealing! Schedule your showing today!

MLS #:
846161
Taxes
$4,714(2024)
Lot Size
10,500 SQFT
Type
Multifamily
Year Built
1968
Style
Duplex, Multi-Level
County
Pasco County
Community
Not on List

Listed By

Wendy Hoffmann, ERA American Suncoast
Source
CITRUS COUNTY
Last checked Jul 27 2025 at 10:10 AM GMT+0000
Bathroom Details
Interior Features
  • First Floor Entry
  • Second Floor Entry
  • Electric Oven
  • Electric Range
  • Microwave
  • Microwave Hood Fan
  • Refrigerator
Subdivision
  • Not On List
Lot Information
  • Flat
Property Features
  • Foundation: Block
Heating and Cooling
  • Multiple Heating Units
  • Ductless
  • Wall/Window Unit(s)
Flooring
  • Laminate
  • Tile
Exterior Features
  • Roof: Asphalt
  • Roof: Shingle
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Parking
  • Concrete
  • Driveway
Living Area
  • 1,928 sqft
Location
   
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Disclaimer: Copyright 2025 Realtors Association of Citrus County. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 7/27/25 03:10