5318, 5320, 5324 Cedar Ln, New Port Richey, FL 34652
Is this your home?
Track this home’s value and nearby sales activity
About this home
* * 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.
Multi-familyProperty Type
1979Year Built
9,687 sq ftLot Size
$230Price/Sq.Ft.
Listed by Stephanie Sabo• TREASURE HUNTING LLC
Contact: 727-478-5685
Bought with Priyanka Dhir• QUICKSILVER REAL ESTATE GROUP
Sale and tax history for 5318, 5320, 5324 Cedar Ln
Sale History
Tax History
Date
Event
Price
Stellar MLS as Distributed by MLS Grid #W7883374
Jun 24, 2026
Sold
$450,000
$230/sq ft
May 25, 2026
Pending
—
Apr 24, 2026
Price Changed
$495,000
$253/sq ft
Mar 5, 2026
Price Changed
$539,000
$275/sq ft
Feb 25, 2026
Listed
$550,000
$281/sq ft
Public Records
Apr 2, 2025
Sold
$200,000
$102/sq ft
Public Records
Apr 24, 2024
Sold
$400,000
$204/sq ft
Stellar MLS as Distributed by MLS Grid #T3181426
Jul 25, 2019
Sold
$205,000
$105/sq ft
Jun 23, 2019
Pending
—
Jun 18, 2019
Listed
$220,000
$112/sq ft
Amazing, turn key investment property with professional management in place! Enjoy great returns with a property in a growing area. This low maintenance property won't last long!
Stellar MLS as Distributed by MLS Grid #U7821930
Sep 14, 2017
Sold
$149,000
$76/sq ft
Jul 21, 2017
Pending
—
Jun 22, 2017
Relisted
—
Jun 14, 2017
Pending
—
Jun 9, 2017
Listed
$165,000
$84/sq ft
One 2 bedroom 1 bath, Two 1 bedroom 1 bath apartments. .. Rent all three apartments Occupancy can be 100%. Income Producing Triplex on a Nice Large Lot. The Property Type is Multifamily. Two units are currently rented, third unit is occupied by seller which rent for 2/bedroom is projected at $800 up. Annual gross income is projected with third unit rented. Sub-type is considered a Triplex. Ceramic tile is through all units. Property use is Investment Type. Current rentals have been long term. Convenient location just off US 19, Close to New Port Richey Downtown, Beaches, Restaurants, Hospitals, Doctor's Offices, Airports, and Shopping. Concrete Block Building with Newer Roof and Newer AC units, Washer Dryers are in the one bedroom units.
Public Records
Mar 24, 2017
Sold
$149,000
$76/sq ft
Public Records
Jul 9, 2007
Sold
$142,500
$73/sq ft
Stellar MLS as Distributed by MLS Grid #U7206053
May 30, 2007
Listing Removed
—
Public Records
Apr 18, 2000
Sold
$70,000
$36/sq ft
Public Records
Jun 18, 1999
Sold
$55,000
$28/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,938 (−17.9%)
$34,470 + $112,073
$146,543
2024
$4,795 (+10.0%)
2023
$4,359 (+13.1%)
2022
$3,855 (+19.2%)
2021
$3,233 (−1.3%)
$12,390 + $104,868
$117,258
2020
$3,275 (+12.3%)
$12,390 + $106,005
$118,395
2019
$2,915 (+14.0%)
2018
$2,558 (+9.4%)
$12,390 + $74,602
$86,992
2017
$2,338 (+17.3%)
$11,310 + $74,714
$86,024
2016
$1,993 (+22.2%)
$11,310 + $75,431
$86,741
2014
$1,631 (+9.2%)
$11,310 + $54,236
$65,546
2013
$1,493 (+6.0%)
2012
$1,409
Public record
Public record
Permits
Beds
2
Baths
3
Stories
1
Lot width
—
Lot depth
—
Lot size
9,687 Sq. Ft.
Year renovated
1979
Sq. Ft.
1,960
Year built
1979
Style
Other
County
Pasco County
APN
32-25-16-0250-00D00-0120
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Feb 24, 2026 • Final
Residential remodel
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.