5603 PALMETTO ROAD, NEW PORT RICHEY, FL 34652

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$650,000

bedrooms

bathrooms

square feet

3,408

Acreage

0.52

Open Houses

year built

1928

Full Baths

Half Baths

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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 a 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 unit—ideal 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!

Location
Subdivision	JASMIN POINT ESTATES
County	Pasco
Elementary School	Richey Elementary School
Middle School	Gulf Middle-PO
High School	Gulf High-PO

Driving directions

Open houses

None scheduled.

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MLS number: TB8381226

Listing agent: Robert Lowry #3459566

Listing broker: Align Right Realty Carrollwood (813) 374-6050

Last update: Sunday, May 4 2025 at 12:40 a.m. EDT

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