What an amazing investment opportunity in the up and coming downtown New Port Richey!! This 1930 built 4bedroom 2bath home has a 1bedroom cottage with a full bathroom and full kitchen right behind it! Literally a block from Orange Lake, Sims Park, all of the downtown restaurants, storefronts and events. Situated on the corner directly behind the NPR library and City Hall. This home is priced for it's condition and is cash only. If you are handy or know a good contractor, this house can be sold after some repairs for a nice income. Or you can complete the work, live in your newly remodeled home and rent out the cottage out back for extra income. There are so many opportunities available with this house. The address consists of 5901, 5903 and 5905 Florida Ave. because it was once transitioned into multi family units and is still zoned 0MF2. Hurry up and get your showing set up before you kick yourself in the butt for missing this great opportunity!
1935Year Built
7,500 sq ftLot Size
$904Est. Price/Sq.Ft.
1 spaceParking
Listed by April Novenson• RE/MAX ALLIANCE GROUP
Bought with Mike Slanga• NEW WESTERN ACQUISITIONS
Source:Stellar MLS as Distributed by MLS Grid #W7840145
Redfin Estimate
$318,279
$48K since sold in June 2023
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.4% higher than the average sale price ($299K) of 6 comparable homes.
What an amazing investment opportunity in the up and coming downtown New Port Richey!! This 1930 built 4bedroom 2bath home has a 1bedroom cottage with a full bathroom and full kitchen right behind it! Literally a block from Orange Lake, Sims Park, all of the downtown restaurants, storefronts and events. Situated on the corner directly behind the NPR library and City Hall. This home is priced for it's condition and is cash only. If you are handy or know a good contractor, this house can be sold after some repairs for a nice income. Or you can complete the work, live in your newly remodeled home and rent out the cottage out back for extra income. There are so many opportunities available with this house. The address consists of 5901, 5903 and 5905 Florida Ave. because it was once transitioned into multi family units and is still zoned 0MF2. Hurry up and get your showing set up before you kick yourself in the butt for missing this great opportunity!
Stellar MLS as Distributed by MLS Grid #U7143048
Feb 15, 2006
Listing Removed
—
Stellar MLS as Distributed by MLS Grid #W7066168
Sep 1, 2004
Sold
$116,500
$331/sq ft
Jul 30, 2004
Listing Removed
—
Apr 9, 2004
Listed
$124,900
$355/sq ft
Public Records
Nov 27, 1995
Sold
$46,000
$131/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,006 (+58.0%)
2024
$1,902 (−61.1%)
2023
$4,885 (+281.8%)
$29,026 + $163,663
$192,689
2022
$1,280 (+5.9%)
2021
$1,208 (+4.4%)
2020
$1,157 (+2.5%)
2019
$1,129 (+15.5%)
2018
$977 (+0.8%)
2017
$969 (+11.6%)
2016
$869 (−1.0%)
2014
$878 (+1.5%)
2013
$865 (+15.3%)
2012
$750
Tax history for 5903 Florida Ave
Year
Property tax
Land + Additions
Assessment*
2025
$3,006 (+58.0%)
2024
$1,902 (−61.1%)
2023
$4,885 (+281.8%)
$29,026 + $163,663
$192,689
2022
$1,280 (+5.9%)
2021
$1,208 (+4.4%)
2020
$1,157 (+2.5%)
2019
$1,129 (+15.5%)
2018
$977 (+0.8%)
2017
$969 (+11.6%)
2016
$869 (−1.0%)
2014
$878 (+1.5%)
2013
$865 (+15.3%)
2012
$750
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Permits
Dec 20, 2024 • Final
Residential remodel
Perform a full remodel of a residential building including re-plumbing, new electrical work, and installation of a new heating and air conditioning system. Install new drywall, windows, and doors.
Electrical
HVAC
Plumbing
Remodel
Feb 28, 2024 • Final
Residential demolition
Perform a full interior demolition of a residential building. Remove plaster and drywall from the walls and ceilings in the bedrooms and kitchen, and remove all flooring. No walls are to be removed.
Demolition
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.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Window Unit
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Building Construction Quality: Excellent
Property Information
Subdivision Name: NEW PORT RICHEY CITY
Living Sq. Ft: 352
Adjusted Gross Sq. Ft: 1,687
Ground Floor Sq. Ft: 896
Building Sq. Ft: 416
# of Stories: 1
Legal Description: TOWN OF NEW PORT RICHEY PB 4 PG 49 LOTS 30,31,32 BLOCK 74
Lot Information
# of Buildings: 2
Land Sq. Ft: 7,500
Legal Lot Number: 30
Legal Block Number: 74
Acres: 0.1722
Zoning Code: MF2
County Use Description: MULTI-FAM 1-4 UNITS
State Use Description: MULTI-FAM 1-4 UNITS
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 352
Stories: 1.0
Lot Size: 7,500 square feet
Style: Other
Year Built: 1935
Year Renovated: 1945
County: Pasco County
APN: 05-26-16-0030-07400-0300
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
Richey Elementary School
Public PreK-5 • Assigned • 0.4mi
2/10
Gulf Middle School
Public 6-8 • Assigned • 0.7mi
2/10
Gulf High School
Public 9-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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 108° expected this year, 28 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, 3 days in 30 years
Provided by First Street
Historical weather
New Port Richey, FL • 34652
Average low and high temperatures (°F)
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68
77
61
71
55
Jan
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Apr
May
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$303,000 – $367,000
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