5318, 5320, 5324 Cedar Lane, New Port Richey, FL 34652

New Port Richey
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
5318, 5320, 5324 Cedar Lane,New Port Richey, FL 34652
$550,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,960 sq. ft.
  • Multi-family
  • Active
Listed by: stephanie sabo
Office: treasure hunting llc.
MLS#:W7883374
Source:MFRMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$280.61

About this home

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.

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Home facts

  • Year built:1979
  • Listing ID #:W7883374
  • Added:1 day(s) ago
  • Updated:February 26, 2026 at 06:18 PM

Rooms and interior

  • Basement Description:Block
  • Living area:1,960 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Shingle
  • Year built:1979
  • Building area:1,960 sq. ft.
  • Lot area:0.22 Acres
  • Construction Materials:Block
  • Exterior Features:Fence, Lighting
  • Foundation Description:Block
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$280.61
  • Tax amount:$3,938 (2025)

Features and amenities

  • Laundry features:Laundry Room
  • Amenities:Thermostat
  • Pool features:Public Pool
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