5603 Palmetto Road

Sold 8/15/25Virtual Tour
Sold 8/15/25Virtual Tour
Gallery Image 1
Sold
Last Sold Price
$500,000
5 beds3,408 sqft$147/sqft
5603 Palmetto Rd, New Port Richey, FL 34652
Single FamilyProperty Type
0.52 acresLot Size
1928Year Built
$147/sq ftPrice per sq ft
2 carsParking Spaces

Description

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...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 an additional 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!
  • Listed by: Robert Lowry 727.858.8285 mlowry1211@yahoo.com Brokerage DRE #1064248 • ALIGN RIGHT REALTY CARROLLWOOD
Listing closed: 08/15/2025 12:00 AM • Source: MFRMLS, MLS#: TB8381226

Recent comparable sales

Median sold price

$600,000

Avg days on market

83

Sale-to-list ratio

83.1%

New Port Richey, FL

9 comparable properties found

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5970 Seaside Drive, New Port Richey, FL 34652

$310,000 | 7041 Jasmin Drive, New Port Richey, FL 34652
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6128 Oak Ridge Avenue, New Port Richey, FL 34653

$645,000 | 6511 River Road, New Port Richey, FL 34652
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Acres

5915 Seaside Drive, New Port Richey, FL 34652

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Principal and Interest

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Property Taxes

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Property Information for 5603 Palmetto Road

Property Details
  • Taxes: $6,214 / year
  • MLS Type: Residential / Single Family Residence
  • County: Pasco County
  • Subdivision Name: JASMIN POINT ESTATES
  • Township: 25S
  • Garage Spaces: 2
  • View: Water
  • Waterfront: No
Building Information
  • Year Built: 1928
  • Lot Size: 0.52 AC / 22,800 SF
Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4476.0
  • Building Area Units: Square Feet
  • Direction Faces: South
  • 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.
  • Elementary School: Richey Elementary School
  • Middle Or Junior School: Gulf Middle-PO
  • High School: Gulf High-PO
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5603
  • Street Name: PALMETTO
  • Street Suffix: ROAD
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 4
  • Tax Book Number: 4-14
  • 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 Lot: 5
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 1625320330004000050
  • Total Acreage: 1/2 to less than 1
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Living Area: 3408
  • Property Info: Corner Unit
Property and Assessments
  • Year Built Numeric: 1928
  • Flood Zone Code: X500
  • Homestead: No
  • New Construction: No
  • Public Survey Range: 16E
  • Public Survey Section: 32
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Exterior Features: Balcony, Dog Run, Garden, Other
  • Foundation Details: Basement, Crawlspace
  • Levels: Three Or More
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Metal
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 5
  • Bathrooms Full: 4
  • Additional Rooms: Attic, Bonus Room, Formal Dining Room Separate, Formal Living Room Separate, Garage Apartment, Media Room, Storage Rooms
  • Appliances: Dishwasher, Electric Water Heater, Freezer, Other, Range, Refrigerator
  • Cooling: Central Air
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood
  • Heating: Central, Electric
  • Interior Features: Ceiling Fan(s), Thermostat
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 3.0
  • Water View: No
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 5603 Palmetto Road

DateEvent & SourcePriceAppreciation
Aug 15, 2025

Sold (Public Record)

Public Record #1911243059

$500,000—
Aug 15, 2025

Sold

MFRMLS #TB8381226

$500,000—
Jul 29, 2025

Pending

MFRMLS #TB8381226

—
DateEvent & SourcePrice
08/15/2025

Sold (Public Record)

Public Record #1911243059

$500,000
08/15/2025

Sold

MFRMLS #TB8381226

$500,000
07/29/2025

Pending

MFRMLS #TB8381226

—

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

Public Records for 5603 Palmetto Road

Taxable ValueLand$188,910Additions$501,259Total$690,169
Tax Record2025$16,291 ($1,358 / month)
Home Facts
Baths4Total Finished SqFt3,948 SqFtAbove Grade Finished SqFt3,948 SqFtStories2Lot Size22,800 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928Year Renovated1980ZoningR1CountyPASCOAPN32-25-16-0330-00400-0050

Schools near 5603 Palmetto Road

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
James M. Marlowe Elementary School
Public - PK to 5
Rating
School
Distance
Richey Elementary School
PublicPK to 5

Gulf Middle School
Public6 to 8

Gulf High School
Public9 to 12

James M. Marlowe Elementary School
PublicPK to 5

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5603 Palmetto Road, New Port Richey, FL 34652
$500,000
5
3,408
22,800
7022 Jasmin Drive, New Port Richey, FL 34652
$150,000
4
2,224
9,147
7025 Mandy Lane, New Port Richey, FL 34652
–
–
2
1,984
13,200
7012 Mandy Lane, New Port Richey, FL 34652
–
–
2
3,647
15,825
5544 Farragut Lane, New Port Richey, FL 34652
$109,700
–
2
1,999
9,000
7022 Mandy Lane, New Port Richey, FL 34652
$290,000
4
2,410
22,651

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ALIGN RIGHT REALTY CARROLLWOOD, Robert Lowry

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: 08/19/2025 11:46 AM