5318 Cedar Ln

New Port Richey, FL 34652

$539,000
Price
—
Beds
—
Baths
1,960 Sq. Ft.
$275 / Sq. Ft.
1,960
Sq. Ft.
$275
per Sq. Ft.
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a view of a house with a yard
a front view of a house with garden
front view of house with a yard
a view of an empty room with wooden floor and a window
a view of empty room with window and wooden floor
a bathroom with a double vanity sink toilet and shower
a kitchen with granite countertop a sink and a stove top oven
a kitchen with stainless steel appliances white cabinets and a stove top oven
a kitchen with cabinets appliances a sink and a window
a view of a hallway with wooden floor
a view of empty room with window
a view of a hallway with wooden floor and staircase
a view of empty room with wooden floor
a front view of a house with garden
a view of a hallway with wooden floor
a view of a room with wooden floor and sink
a view of a kitchen with wooden floor and a sink
a kitchen with a sink stove and refrigerator
a view of a hallway with wooden floor
wooden floor in an empty room
a bathroom with a toilet a sink and bathtub
wooden floor in a bathroom
a view of a yard
a view of a door of the house
wooden floor in an empty room with a window
a view of room
a view of an empty room and window
a kitchen with granite countertop a refrigerator and a sink
a kitchen with white cabinets and stainless steel appliances
a kitchen with a refrigerator and a stove
a bathroom with a sink a toilet and shower

Description

Price improvement Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out...Price improvement Investor’s dream! This fully rented triplex currently generates $4,050/month in rental income and features three completely remodeled units. Two of the units are 1-bedroom, 1-bathroom, and one unit is 2-bedroom, 1-bathroom, each boasting new waterproof luxury vinyl plank flooring, modern bathrooms, updated kitchens, new water heaters, new air conditioning systems, new windows in all units, and their own private laundry rooms. The property has been freshly painted inside and out and includes a newer roof, ensuring long-term reliability. Two of the three units feature large backyards, perfect for outdoor living or entertaining. With all units currently occupied, this turnkey investment offers immediate cash flow in the heart of New Port Richey.
  1. Listed by Stephanie Sabo • Brokerage DRE #1071579 • TREASURE HUNTING LLC
    P: (727)-478-5496 C: (727)-478-5496 ssabo0509@gmail.com

Property Details for 5318 Cedar Lane

Subdivision Name
NEW PORT RICHEY ESTATES
Township
25S
Waterfront
No
LISTING UPDATED: 03/05/2026 05:22 PM

Property Details for 5318 Cedar Lane

StatusActive
MLS #W7883374
Days on Market22
Taxes$3,938 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1979
Lot Size0.22 AC / 9,687 SF
CountyPasco County
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Location

Listing Courtesy of TREASURE HUNTING LLC, Stephanie Sabo
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Building Information for 5318 Cedar Lane

Stories-Residences3Year Built1979Building Size-Lot Size0.22 AC / 9,687 SF

Payment Calculator

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$2,944 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,616

Property Taxes

$328

HOA Dues

$0

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Property Information for 5318 Cedar Lane

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From US Highway 19, turn directly onto Cedar Lane and continue to property on right hand side.
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5318
  • Street Name: CEDAR
  • Street Suffix: LANE
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: D
  • Tax Book Number: 3-79
  • Tax Legal Description: NEW PORT RICHEY ESTATES PB 3 PG 79 BLOCK D LOTS 12 & 13 EXC EAST 25.00 FT OF LOT 13
  • Tax Lot: 13
  • Tax Year: 2025
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Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 322516025000D000120
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Living Area: 1960
Property and Assessments
  • Year Built Numeric: 1979
  • Flood Zone Code: AE
  • Flood Zone Date: 06-05-2020
  • Flood Zone Panel: 12101C0188G
  • New Construction: No
  • Public Survey Range: 16E
  • Public Survey Section: 32
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Fenced, Lighting
  • Foundation Details: Block
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central
  • Interior Features: Thermostat
  • Laundry Features: Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $1,800
  • Annual Net Income: $46,800.00
  • Gross Income: $48,600
  • Total Monthly Expenses: $160
  • Unit Count: 0
Rental
Rental Information
  • Total Actual Rent: $4,050

Property History for 5318 Cedar Lane

DateEvent & SourcePriceAppreciation
Mar 5, 2026

Price Change

MFRMLS #W7883374

$539,000—
Feb 25, 2026

Listed (Active)

MFRMLS #W7883374

$550,000—
Mar 26, 2025

Sold (Public Record)

Public Record #1554178624

$200,000—
Mar 26, 2025

Sold (Public Record)

Public Record #1554077660

$185,000

-56.2% / yr

Apr 19, 2024

Sold (Public Record)

Public Record #1556448735

$400,000

+15.1% / yr

Jul 25, 2019

Sold

MFRMLS #T3181426

$205,000—
Jul 15, 2019

Sold (Public Record)

Public Record #649723370

$205,000

+18.9% / yr

Jun 23, 2019

Pending

MFRMLS #T3181426

—
Jun 18, 2019

Listed (Active)

MFRMLS #T3181426

$220,000—
Sep 14, 2017

Sold

MFRMLS #U7821930

$149,000—
Sep 11, 2017

Sold (Public Record)

Public Record #606148828

$149,000—
Jul 20, 2017

Pending

MFRMLS #U7821930

—
Jun 9, 2017

Listed (Active)

MFRMLS #U7821930

$165,000—
Mar 22, 2017

Sold (Public Record)

Public Record #591257907

$149,000

+0.5% / yr

Dec 1, 2007

Expired

MFRMLS #U7158970

$172,000—
Jun 29, 2007

Sold (Public Record)

Public Record #222450362

$142,500—
May 30, 2007

Withdrawn

MFRMLS #U7206053

$150,000—
Jun 24, 2006

Listed (Active)

MFRMLS #U7206053

$195,000—
Dec 8, 2005

Listed (Active)

MFRMLS #U7158970

$186,000—
DateEvent & SourcePrice
03/05/2026

Price Change

MFRMLS #W7883374

$539,000
02/25/2026

Listed (Active)

MFRMLS #W7883374

$550,000
03/26/2025

Sold (Public Record)

Public Record #1554178624

$200,000
03/26/2025

Sold (Public Record)

Public Record #1554077660

$185,000

-56.2% / yr

04/19/2024

Sold (Public Record)

Public Record #1556448735

$400,000

+15.1% / yr

07/25/2019

Sold

MFRMLS #T3181426

$205,000
07/15/2019

Sold (Public Record)

Public Record #649723370

$205,000

+18.9% / yr

06/23/2019

Pending

MFRMLS #T3181426

—
06/18/2019

Listed (Active)

MFRMLS #T3181426

$220,000
09/14/2017

Sold

MFRMLS #U7821930

$149,000
09/11/2017

Sold (Public Record)

Public Record #606148828

$149,000
07/20/2017

Pending

MFRMLS #U7821930

—
06/09/2017

Listed (Active)

MFRMLS #U7821930

$165,000
03/22/2017

Sold (Public Record)

Public Record #591257907

$149,000

+0.5% / yr

12/01/2007

Expired

MFRMLS #U7158970

$172,000
06/29/2007

Sold (Public Record)

Public Record #222450362

$142,500
05/30/2007

Withdrawn

MFRMLS #U7206053

$150,000
06/24/2006

Listed (Active)

MFRMLS #U7206053

$195,000
12/08/2005

Listed (Active)

MFRMLS #U7158970

$186,000

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

Public Records for 5318 Cedar Lane

Taxable ValueLand$34,470Additions$112,073Total$146,543
Tax Record2025$3,938 ($328 / month)
Home Facts
Total Finished SqFt1,960 SqFtAbove Grade Finished SqFt1,960 SqFtStories1Lot Size9,687 SqFtStyleMulti-Family Dwelling (2-4)Year Built1979Zoning00R1CountyPASCOAPN32-25-16-0250-00D00-0120

Schools near 5318 Cedar Lane

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 5318 Cedar Lane, New Port Richey, FL 34652

5318 Cedar Lane is a multi-family home for sale in New Port Richey, FL 34652. This property was listed for sale on February 25, 2026 by TREASURE HUNTING LLC, it's currently listed at $539,000. It has been on the market for a total of 22 days and was last sold on March 26, 2025. This listing's school district is Pasco. Nearby schools include Richey Elementary School, Gulf Middle School and Gulf High School. 5318 Cedar Lane is a 0-bed, 0-bath, 1,960 sqft multi-family home built in 1979.

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 TREASURE HUNTING LLC, Stephanie Sabo

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: 03/05/2026 05:22 PM