46
$299,999
3 bd · 3 ba · 1,701 sqft
4880 Shell Stream Blvd, New Port Richey, FL
DJ Arrazcaeta Jr, LLC · RE/MAX ALLIANCE GROUP
Est. $1,905/mo$232/sqft · 167 days on Realty
2
Beds
2
Baths
1,205
Sqft
1930
Built
FULLY OCCUPIED CASH FLOWING DUPLEX FOR SALE IN NEW PORT RICHEY FL | TURNKEY INVESTMENT OPPORTUNITY | NO HOA | PRE INSPECTED Welcome to 5045 GREEN KEY ROAD, NEW PORT RICHEY, FL 34652, a 100 PERCENT OCCUPIED INCOME PRODUCING DUPLEX delivering IMMEDIATE CASH FLOW with BUILT IN TRANSPARENCY AND REDUCED INVESTOR RISK and NO HOA. This TURNKEY PROPERTY features a 1 BEDROOM 1 BATHROOM MAIN RESIDENCE PLUS A DETACHED 1 BEDROOM 1 BATHROOM UNIT, creating a DUAL INCOME STREAM ideal for both seasoned investors and first time buyers entering CASH FLOWING REAL ESTATE. The property has been RENOVATED INSIDE AND OUT, including NEW FLOORING, NEW COUNTERTOPS, NEW KITCHEN CABINETS, AND AN UPDATED BATHROOM, offering LOW DEFERRED MAINTENANCE, and sits on a SPACIOUS 0.27 ACRE LOT WITH VALUE ADD AND EXPANSION POTENTIAL. Major system upgrades include a BRAND NEW ROOF (2026), HVAC (2025), and WATER HEATER (2025), providing long term peace of mind for investors. Enjoy additional features including a LARGE SCREENED IN LANAI AND ENCLOSED PORCH, along with PRIVATE LIVING SPACES FOR EACH UNIT to support STRONG TENANT RETENTION. Investor advantages include SEPARATELY METERED ELECTRIC, with tenants paying their own electric, and ONE SHARED WATER METER, helping maintain a FAVORABLE EXPENSE STRUCTURE. This property also offers PRE LISTING DUE DILIGENCE COMPLETED, including a CLEAN 4 POINT INSPECTION AND WIND MITIGATION REPORT, with REPORTS AND FLOOR PLAN ATTACHED IN THE MLS, providing CONFIDENCE FOR FINANCING, POTENTIAL INSURANCE SAVINGS, AND A SMOOTHER CLOSING PROCESS. Ideally located just minutes from GREEN KEY BEACH, DOWNTOWN NEW PORT RICHEY, SIMS PARK, THE COTEE RIVER, SHOPPING, DINING, AND MAJOR ROADWAYS, this property benefits from a HIGH DEMAND RENTAL LOCATION WITH STRONG LONG TERM APPRECIATION POTENTIAL. This is a STABILIZED, INCOME PRODUCING ASSET NOT A PROJECT, offering the perfect combination of IMMEDIATE CASH FLOW, LOWER OPERATIONAL RISK, STRONG INFRASTRUCTURE UPGRADES, AND FUTURE UPSIDE. DON’T MISS THIS OPPORTUNITY TO SECURE A PERFORMING INVESTMENT PROPERTY IN A GROWING GULF COAST MARKET. SCHEDULE YOUR PRIVATE SHOWING TODAY.
Listing agent
Chris Jhoda
Courtesy of REAL BROKER, LLC
(813) 388-0036
Stellar MLS · Listing MFRTB8499091
$55,980
Estimated monthly payment
$1,905/mo
Loan amount $223,920. Estimate only — your actual rate and payment depend on credit, location, and lender.
School ratings (A+ to F) from HJN community data.
Dream Academy Schools
KG-12 · Alternative/Other
229 students · 22.9:1 student–teacher
Richey Elementary School
KG-5 · Regular · Pasco County School District
750 students · 12.7:1 student–teacher
Fellowship Baptist Academy
KG-12 · Regular
30 students · 5.4:1 student–teacher
Gulf Middle School
6-8 · Regular · Pasco County School District
796 students · 15.6:1 student–teacher
Gulf High School
9-12 · Regular · Pasco County School District
1,518 students · 18.7:1 student–teacher
James M. Marlowe Elementary School
PK-5 · Regular · Pasco County School District
513 students · 13.5:1 student–teacher
Mittye P. Locke Elementary School
KG-5 · Regular · Pasco County School District
84 students · 12.0:1 student–teacher
Elfers Christian School
KG-12 · Regular
221 students · 12.3:1 student–teacher
Stellar MLSThis content last refreshed on 2026-10-03 18:05:02 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
46
$299,999
3 bd · 3 ba · 1,701 sqft
4880 Shell Stream Blvd, New Port Richey, FL
DJ Arrazcaeta Jr, LLC · RE/MAX ALLIANCE GROUP
Price Reduced52$320,000
3 bd · 2 ba · 1,514 sqft
5109 Tilson Dr, New Port Richey, FL
Lilibeth Garcia · LA ROSA REALTY, LLC
Price Reduced37$274,000
3 bd · 2 ba · 1,324 sqft
4025 Stratfield Dr, New Port Richey, FL
Ross Hardy · RE/MAX MARKETING SPECIALISTS
Price Reduced31$310,000
3 bd · 2 ba · 1,419 sqft
5302 School Rd, New Port Richey, FL
Caroline Hanna · CHARLES RUTENBERG REALTY INC
Price Reduced46$284,900
3 bd · 2 ba · 1,176 sqft
3920 Edgemont Dr, New Port Richey, FL
Michelle Dinsmore · KELLER WILLIAMS REALTY- PALM HARBOR
44$225,000
3 bd · 2 ba · 1,228 sqft
5065 Royal Palms Way #303, New Port Richey, FL
Toni Benton · KELLER WILLIAMS REALTY- PALM HARBOR





Within 2 miles of this home: 32 restaurants and cafés, 4 grocery stores, 13 parks and green spaces, and 2 transit stops.
Place data from OpenStreetMap.
WingHouse
Burger King
Highway 19
Jilly's on Main
Delicias Latinas
Main Street
Mountaineer Coffee
Ottaway's Parkside ice cream parlor
Heros Subs & Salads
The Social NPR
Wright's natural market
Grand Fresh Market
Publix
US Highway 19
Winn-Dixie
Massachusetts Avenue
Sims Park Playground
Main Street
Sims Park
Orange Lake
Healing Garden
Grand Boulevard Park
Frances Avenue Park
Frances Avenue
Port Richey Waterfront Park
Robert K Rees Memorial Park
Madison & Virginia
Madison & Indiana