Address: 5045 Green Key Road, NEW PORT RICHEY, FL 34652
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. Dont miss this opportunity to secure a performing investment property in a growing gulf coast market. Schedule your private showing today.
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.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Fence
Living Area: 1205.00
Roof: Membrane, Shingle
School Information
High School: Gulf High-PO
Middle School: Gulf Middle-PO
School Elementary: James M Marlow Elementary-PO
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Mini-Split Unit(s)
Heating: Electric
Pets Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Utilities: Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Rental Information
Tenant Pays: Electricity, Sewer, Water
Other Features
Country: US
Interior Features: Thermostat
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
Completely Remodeled Duplex: A Turnkey Investment Opportunity! Both units have been completely renovated with modern finishes. They include new air conditioning, new appliances, updated kitchens and b
Great income producing duplex with roof less than five years old. One side was just updated in March 2026 with tile floor and walk in shower. Washer and dryer connections available. Property is in a n
Great DUPLEX Investment Opportunity Income Producing Property!
Put your money to work with this turn key, updated duplex in a prime location near downtown New Port Richey. Featuring two spacious uni
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