5940 Meadowlane St

New Port Richey, FL 34652

$549,000
Price
6
Beds
4
Baths
2,518 Sq. Ft.
$218 / Sq. Ft.
2,518
Sq. Ft.
$218
per Sq. Ft.
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Description

Exceptional Income-Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side-by-side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether you’re an investor seeking a high-demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully...Exceptional Income-Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side-by-side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether you’re an investor seeking a high-demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully designed living space. A functional open-concept layout with high ceilings and recessed lighting seamlessly connect the living and dining areas. Designed with comfort and accessibility in mind, the kitchen features a breakfast bar, newer appliances and a laundry closet with washer/dryer. The guest bedrooms are generously sized and share a hallway bathroom, while the primary suite has a large walk-in closet and en-suite bathroom. This unique layout of two homes under one roof is suitable for a wide range of living needs including multigenerational living or a private mother-in-law suite. Step outside to enjoy the fully fenced backyard, including a separate privacy fence dividing each unit, allowing residents to enjoy their own outdoor space or even store their RV! Enjoy peace of mind with TWO newer AC units (2024/2025) and a brand NEW roof included with acceptable offer. One unit is currently tenant-occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions and is situated outside of a flood zone. Located just minutes from US-19, this home has quick access to major commuting routes, shopping, dining, and the vibrant downtown district, making it highly desirable for both homeowners and tenants. Schedule your private showing today!
  1. Listed by Tara Cline • Brokerage DRE #1052725 • COASTAL LUXURY REALTY
    P: (814)-449-7875 C: (814)-449-7875 Tara@coastalluxuryrealty.com

Property Details for 5940 Meadowlane Street

Subdivision Name
CRAFTS SUB
Township
26S
Waterfront
No
LISTING UPDATED: 03/16/2026 05:09 PM

Property Details for 5940 Meadowlane Street

StatusActive
MLS #TB8484287
Days on Market8
Taxes$4,316 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2006
Lot Size0.17 AC / 7,500 SF
CountyPasco County
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Location

Listing Courtesy of COASTAL LUXURY REALTY, Tara Cline
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Building Information for 5940 Meadowlane Street

Stories-Residences2Year Built2006Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

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$3,024 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,664

Property Taxes

$360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5940 Meadowlane Street

Summary
Location and General Information
  • Building Area Units: Square Feet
  • Directions: From SR-54, take Madison St. NORTH, then go WEST onto Meadowlane Street. DUPLEX is on the LEFT.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 5940
  • Street Name: MEADOWLANE
  • Street Suffix: STREET
  • State: FL
  • City: NEW PORT RICHEY
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, Off Street, RV Parking
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1
  • Tax Book Number: 2-44
  • Tax Legal Description: CRAFTS SUBDIVISION UNIT 4 PB 2 PG 44 LOT 3 & EAST 1/2 OF LOT 4 BLOCK 1
  • Tax Lot: 3
  • Tax Year: 2025
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 0826160250033010030
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Zoning: MF1
  • Living Area: 2518
Property and Assessments
  • Year Built Numeric: 2006
  • Flood Zone Code: X
  • Flood Zone Date: 06-05-2020
  • Flood Zone Panel: 12101C0352G
  • Homestead: Yes
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 16E
  • Public Survey Section: 8
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Public, Water - Multiple Meters
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Vinyl Siding
  • Exterior Features: Fenced, Private Yard, RV Hookup
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 6
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile, Luxury Vinyl
  • Heating: Central
  • Interior Features: Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Laundry Features: In Kitchen, Laundry Closet
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Net Income: $24,000.00
  • Unit Count: 1
Rental
Rental Information
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $2,000

Property History for 5940 Meadowlane Street

DateEvent & SourcePriceAppreciation
Mar 12, 2026

Listed (Active)

MFRMLS #TB8484287

$549,000—
Jun 25, 2020

Sold

MFRMLS #W7823040

$220,000—
Jun 25, 2020

Sold

SASJMLS #HC2209188

$220,000—
May 16, 2020

Pending

MFRMLS #W7823040

—
May 11, 2020

Listed (Active)

MFRMLS #W7823040

$220,000—
May 11, 2020

Withdrawn

MFRMLS #W7822947

$220,000—
May 11, 2020

Listed (Active)

SASJMLS #HC2209188

$220,000—
May 11, 2020

Listed (Active)

MFRMLS #W7822947

$220,000—
Oct 29, 2012

Withdrawn

MFRMLS #W7490333

$169,900—
Nov 16, 2010

Listed (Active)

MFRMLS #W7490333

$184,900—
DateEvent & SourcePrice
03/12/2026

Listed (Active)

MFRMLS #TB8484287

$549,000
06/25/2020

Sold

MFRMLS #W7823040

$220,000
06/25/2020

Sold

SASJMLS #HC2209188

$220,000
05/16/2020

Pending

MFRMLS #W7823040

—
05/11/2020

Listed (Active)

MFRMLS #W7823040

$220,000
05/11/2020

Withdrawn

MFRMLS #W7822947

$220,000
05/11/2020

Listed (Active)

SASJMLS #HC2209188

$220,000
05/11/2020

Listed (Active)

MFRMLS #W7822947

$220,000
10/29/2012

Withdrawn

MFRMLS #W7490333

$169,900
11/16/2010

Listed (Active)

MFRMLS #W7490333

$184,900

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

Public Records for 5940 Meadowlane Street

Taxable ValueLand$11,625Additions$225,367Total$236,992
Tax Record2022$4,218 ($351 / month)
Home Facts
Total Finished SqFt2,518 SqFtAbove Grade Finished SqFt2,518 SqFtStories1Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built2006ZoningMF1CountyPASCOAPN08-26-16-0250-03301-0030

Schools near 5940 Meadowlane Street

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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More information about 5940 Meadowlane Street, New Port Richey, FL 34652

5940 Meadowlane Street is a multi-family home for sale in New Port Richey, FL 34652. This property was listed for sale on March 12, 2026 by COASTAL LUXURY REALTY, it's currently listed at $549,000. It has been on the market for a total of 8 days and was last sold on June 25, 2020. This listing's school district is Pasco. Nearby schools include Richey Elementary School, Gulf Middle School and Gulf High School. 5940 Meadowlane Street is a 6-bed, 4-bath, 2,518 sqft multi-family home built in 2006.

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 COASTAL LUXURY REALTY, Tara Cline

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: 03/16/2026 05:09 PM