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5603 Palmetto Road

New Port Richey, FL 34652

5 beds
4 baths
3,408 sqft
~1/2 acre lot
$190 per sqft
1928 build
– on site

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!

Listing courtesy of STELLAR_MLS / ALIGN RIGHT REALTY CARROLLWOOD

Last checked: Checking… • Last updated May 3, 2025 •

MLS# TB8381226 —

The Building

Year Built:

1928
New Construction:

false
Construction Materials:

Wood Frame
Levels:

Three Or More
Common Walls:

Corner Unit
Roof:

Metal
Basement:

Unfinished
Foundation Details:

Basement
Building Area Total:

4476
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Flooring:

Hardwood
Additional Rooms:

Attic
Fireplace:

true
Fireplace Features:

Living Room

Room Dimensions

Living Area:

3408
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

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.
Latitude:

28.259028
Longitude:

-82.721897
Coordinates:

-82.721897, 28.259028

The Property

Parcel Number:

1625320330004000050
Property Type:

Residential
Property Subtype:

Single Family Residence
Lot Size Acres:

0.52
Lot Size Area:

22800
Lot Size SqFt:

22800
Lot Size Units:

Square Feet
Total Acres:

1/2 to less than 1
Zoning:

R1
Direction Faces:

South
View:

Water
View:

true
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

X500
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Lot:

5
Tax Block:

4
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 Book Number:

4-14
Tax Annual Amount:

$6,214.11

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8381226
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher
Laundry Features:

Electric Dryer Hookup

Schools

Elementary School:

Richey Elementary School
Middle Or Junior School:

Gulf Middle-PO
High School:

Gulf High-PO

The Community

Subdivision Name:

JASMIN POINT ESTATES
Senior Community:

false
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Association:

false
Ownership:

Fee Simple

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

2
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$650,000

Expense	Monthly cost
Mortgage	$3,480
Taxes	$517
Insurance	$178
Utilities	$259 See report
Total	$4,434/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	STELLAR_MLS	$650,000

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This house located in North River, New Port Richey, FL 34652 is currently for sale for $650,000. 5603 Palmetto Road is a 3,408 square foot house with 5 beds and 4 baths that has been on Estately for 3 days. 5603 Palmetto Road is in the North River neighborhood of New Port Richey and has a WalkScore® of 46, making it car-dependent.

Listing Courtesy of: STELLAR_MLS and ALIGN RIGHT REALTY CARROLLWOOD.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.