For sale

$325,000

Est. $2,276/mo

Land

•

0.40

acre (lot)

5214 State Road 54, New Port Richey, FL 34652

About this home

Rare 0.41-acre C-2 commercial corner on State Road 54, less than 2000 feet from US 19. This vacant, ready-to-develop site has frontage on six-lane SR 54 with high daily traffic counts. It’s ideal for retail, restaurant, or professional/medical office. It’s surrounded by established retail, dining and medical in the thriving New Port Richey corridor. Buyer to verify zoning and permitted uses with Pasco County. Centrally located, easy commute to Tampa.

Vacant landProperty Type

0.4 acresLot Size

$812,500Price/Acres

Listed by Theo Dragoutsis • AGORA REAL ESTATE AND DEV INC

Listed by Nick Patel • AGORA REAL ESTATE AND DEV INC

Contact: 727-626-4425

Listing updated: Nov 12, 2026 at 01:24pm

Redfin checked: a minute ago

•Source:Stellar MLS as Distributed by MLS Grid #W7890391

Payment calculator

$2,276 per month

Principal and interest$1,796

Property taxes

$255

HOA dues

Home insurance

$225

Utilities

Add

Affordability tools

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Next available date: Sunday, November 15

Open houses

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Nearby open houses (10)

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Community pool • Built 1985

Around this home

Schools

K - 12
Preschool & daycare

Anclote Elementary School

Public PreK-5 • Assigned • 1.0mi

2/10

Gulf Middle School

Public 6-8 • Assigned • 2.3mi

7/10

Gulf High School

Public 9-12 • Assigned • 1.4mi

3/10

Provided by GreatSchools

About Colonial

Hills

Colonial Hills, located between US-19 and the Anclote River, is a residential and suburban Elfers neighborhood with mid-century ranch homes and a breezy Gulf-coast feel. The neighborhood’s character concentrates around the US-19 corridor near Gulf Highlands Drive, where auto shops, local diners, and small storefront plazas set a practical, lived-in rhythm. Nearby, Gill Dawg Tiki Bar & Grill, the historic Tarpon Springs Sponge Docks, and the Tarpon Springs Performing Arts Center act as cultural touchpoints for nights out. Streets read as low-slung and leafy, with driveways, screened lanais, and a casual pace. Green breaks come via Anclote River Park and the Gulf-side shoreline. Daily errands orbit the commercial strips, while waterfront sunsets pull attention west.

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Commercial use
137 feet of road frontage
Asphalt road surface

Home design
Land

Utilities
Public sewer
Public utilities
No water source

Sale and tax history for 5214 State Road 54

Sale History
Tax History

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.4 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Pasco County

APN

20-26-16-0000-03200-0000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

Neighborhood Commercial District

The purpose of the C-1 Neighborhood Commercial District is to provide and require a unified and organized arrangement of buildings, service, and parking areas together with adequate circulation and open space in a manner so as to provide and constitute an efficient, safe, convenient, and attractive shopping area to serve neighborhood shopping needs.

Permitted uses

Include but are not limited to:

Bank
Day care facility
Laundromat
General retail
Restaurant
Hospital / medical center
Office
Educational/school
Fire house
Police station

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 109° expected this year, 29 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

New Port Richey, FL • 34652

Average low and high temperatures (°F)

65°

49°

70°

54°

76°

60°

81°

66°

87°

73°

89°

76°

90°

77°

89°

78°

87°

74°

82°

67°

77°

61°

71°

55°

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 28% for direct sun exposure in New Port Richey. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.2 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5214 State Road 54

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $145,000 and $335,000.

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $145K to $335K.

SOLD SEP 9, 2026
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SOLD OCT 16, 2026
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SOLD SEP 16, 2026
$145,000 Last sold price
2 beds1.5 baths1,128 sq ft
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SOLD SEP 1, 2026
$309,900 Last sold price
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5706 Dove Dr, New Port Richey, FL 34652
smaller lot
SOLD MAY 8, 2026
$295,000 Last sold price
2 beds2 baths1,430 sq ft
3345 Blue Bird Dr, Holiday, FL 34690
smaller lot

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