5117 Mallett Dr

Port Richey, FL 34668

$429,900
Price
5
Beds
4
Baths
1,928 Sq. Ft.
$223 / Sq. Ft.
1,928
Sq. Ft.
$223
per Sq. Ft.
Virtual Tour
Virtual Tour
a front view of a house with a yard
a view of swimming pool from a balcony
a kitchen with granite countertop a sink stove and cabinets
a white toilet sitting next to a bathroom sink
a picture of a floor plan
an empty room with windows and fan
a kitchen with stainless steel appliances a refrigerator and a stove top oven
a front view of a house with a yard
an empty room with windows and fan
an empty room with fan and windows
an empty room with windows and fan
an empty room with a fan and a window
a bathroom with a shower
a view of an empty room with a window
an empty room with a chandelier fan
a view of empty room with wooden floor and window
an empty room with wooden floor and windows
a kitchen sink with a window
a living room with furniture and a dining table with kitchen view
a bedroom with a bed and a window
a bathroom with a sink toilet and a mirror
a view of a door of the house
a living room with furniture and a large window
a living room with stainless steel appliances furniture a rug and a kitchen view
a living room with furniture and wooden floor
a living room with furniture and a large window
a bedroom with a bed and a window
a kitchen with stainless steel appliances a refrigerator sink and cabinets
a bathroom with a sink vanity mirror and toilet
a living room with furniture and a floor to ceiling window
a view of a house with a backyard
a view of outdoor space with seating area
a backyard of a house with table and chairs with wooden fence
a front view of a house with garden
a front view of a house with garden
a front view of a house with a garden
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Description

Great Investment Opportunity! Instant income! 2 units rented, furnished studio is available! - Currently bringing in $37,200K annually in rent for 2 of the units! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing with 50% down! 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...Great Investment Opportunity! Instant income! 2 units rented, furnished studio is available! - Currently bringing in $37,200K annually in rent for 2 of the units! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing with 50% down! 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! - unit 1 is currently rented out! 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! 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!
  1. Listed by Wendy Hoffmann • Brokerage DRE #2030973 • ERA AMERICAN SUNCOAST REALTY
    P: (352)-267-3840 C: (352)-267-3840 WendySellsFloridaProperties@gmail.com

Property Details for 5117 Mallett Drive

Subdivision Name
BEHMS SUB
Township
25S
Waterfront
No
Furnished
Partially
LISTING UPDATED: 01/01/2026 02:46 AM

Property Details for 5117 Mallett Drive

StatusActive
MLS #TB8405807
Days on Market210
Taxes$4,714 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1968
Lot Size0.24 AC / 10,500 SF
CountyPasco County

Location

Listing Courtesy of ERA AMERICAN SUNCOAST REALTY, Wendy Hoffmann
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Virtual Tour

Building Information for 5117 Mallett Drive

Stories-Residences3Year Built1968Building Size-Lot Size0.24 AC / 10,500 SF

Payment Calculator

$2,488 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,095

Property Taxes

$393

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5117 Mallett Drive

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From Hwy 19 take Cedar Lane to Pier Rd, Left on Mallett Dr, property as at the end of the street on the right.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5117
  • Street Name: MALLETT
  • Street Suffix: DRIVE
  • State: FL
  • City: PORT RICHEY
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 0
  • Tax Book Number: 3-139
  • Tax Legal Description: BEHMS SUBDIVISION PB 3 PG 139 W 70 FT OF N 150 FT OF LOT A
  • Tax Lot: A
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 162532019000A000070
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R2
  • Living Area: 1928
Property and Assessments
  • Year Built Numeric: 1968
  • Flood Zone Code: AE
  • New Construction: No
  • Public Survey Range: 16E
  • Public Survey Section: 32
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Stucco
  • Exterior Features: Lighting, Storage
  • Foundation Details: Slab
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Additional Rooms: Storage Rooms
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Cooling: Mini-Split Unit(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Heating: Wall Units / Window Unit
  • Interior Features: Ceiling Fan(s), Open Floorplan, Stone Counters
  • Laundry Features: Other
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $46,300.00
  • Est Annual Market Income: $50,400.00
  • Unit Count: 3

Property History for 5117 Mallett Drive

DateEvent & SourcePriceAppreciation
Nov 17, 2025

Price Change

MFRMLS #TB8405807

$429,900—
Oct 29, 2025

Price Change

MFRMLS #TB8405807

$434,000—
Jul 11, 2025

Listed (Active)

MFRMLS #TB8405807

$435,000—
May 31, 2024

Sold (Public Record)

Public Record #1534707174

$375,000

+34.6% / yr

May 31, 2024

Sold

MFRMLS #W7862795

$375,000—
Apr 30, 2024

Pending

MFRMLS #W7862795

—
Mar 12, 2024

Listed (Active)

MFRMLS #W7862795

$408,900—
Aug 19, 2023

Withdrawn

MFRMLS #W7855289

$430,000—
May 31, 2023

Listed (Active)

MFRMLS #W7855289

$475,500—
Apr 19, 2022

Sold

MFRMLS #W7839834

$240,000—
Apr 5, 2022

Pending

MFRMLS #W7839834

—
Nov 11, 2021

Listed (Active)

MFRMLS #W7839834

$239,900—
Apr 15, 2021

Sold (Public Record)

Public Record #1459918073

$148,000

+1.6% / yr

Mar 29, 2005

Sold (Public Record)

Public Record #154367972

$115,000

+11.1% / yr

Mar 18, 2005

Sold

MFRMLS #W7103990

$115,000—
Jan 14, 2005

Listed (Active)

MFRMLS #W7103990

$129,900—
Oct 17, 2004

Expired

MFRMLS #U7066916

$109,900—
Apr 17, 2004

Listed (Active)

MFRMLS #U7066916

$109,900—
May 16, 2003

Sold (Public Record)

Public Record #112694469

$94,500

+8515.5% / yr

Mar 24, 2003

Sold (Public Record)

Public Record #109734929

$49,500—
DateEvent & SourcePrice
11/17/2025

Price Change

MFRMLS #TB8405807

$429,900
10/29/2025

Price Change

MFRMLS #TB8405807

$434,000
07/11/2025

Listed (Active)

MFRMLS #TB8405807

$435,000
05/31/2024

Sold (Public Record)

Public Record #1534707174

$375,000

+34.6% / yr

05/31/2024

Sold

MFRMLS #W7862795

$375,000
04/30/2024

Pending

MFRMLS #W7862795

—
03/12/2024

Listed (Active)

MFRMLS #W7862795

$408,900
08/19/2023

Withdrawn

MFRMLS #W7855289

$430,000
05/31/2023

Listed (Active)

MFRMLS #W7855289

$475,500
04/19/2022

Sold

MFRMLS #W7839834

$240,000
04/05/2022

Pending

MFRMLS #W7839834

—
11/11/2021

Listed (Active)

MFRMLS #W7839834

$239,900
04/15/2021

Sold (Public Record)

Public Record #1459918073

$148,000

+1.6% / yr

03/29/2005

Sold (Public Record)

Public Record #154367972

$115,000

+11.1% / yr

03/18/2005

Sold

MFRMLS #W7103990

$115,000
01/14/2005

Listed (Active)

MFRMLS #W7103990

$129,900
10/17/2004

Expired

MFRMLS #U7066916

$109,900
04/17/2004

Listed (Active)

MFRMLS #U7066916

$109,900
05/16/2003

Sold (Public Record)

Public Record #112694469

$94,500

+8515.5% / yr

03/24/2003

Sold (Public Record)

Public Record #109734929

$49,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5117 Mallett Drive

Taxable ValueLand$39,925Additions$178,738Total$218,663
Tax Record2025$4,614 ($384 / month)
Home Facts
Beds0Total Finished SqFt1,683 SqFtAbove Grade Finished SqFt1,683 SqFtStories2Lot Size10,500 SqFtStyleSingle Family ResidenceYear Built1968Zoning00R2CountyPASCOAPN32-25-16-0190-00A00-0070Fireplace TypeHas Fireplace

Schools near 5117 Mallett Drive

This home is within Pasco.
Rating
School
Type
Grades
Distance
Richey Elementary School
Public - PK to 5
Gulf Middle School
Public - 6 to 8
Gulf High School
Public - 9 to 12
Marchman Technical Education Center
Public - 9 to 12
Rating
School
Distance
Richey Elementary School
PublicPK to 5

Gulf Middle School
Public6 to 8

Gulf High School
Public9 to 12

Marchman Technical Education Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5117 Mallett Drive, Port Richey, FL 34668

5117 Mallett Drive is a multi-family home for sale in Port Richey, FL 34668. This property was listed for sale on July 11, 2025 by ERA AMERICAN SUNCOAST REALTY, it's currently listed at $429,900. It has been on the market for a total of 210 days and was last sold on May 31, 2024. This listing's school district is Pasco. Nearby schools include Richey Elementary School, Gulf Middle School and Gulf High School. 5117 Mallett Drive is a 5-bed, 4-bath, 1,928 sqft multi-family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA AMERICAN SUNCOAST REALTY, Wendy Hoffmann

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 01/01/2026 02:46 AM