7 days on Rocket
#TB8405428, Roza Vahedi, Listing office: COASTAL PROPERTIES GROUP INTERNATIONAL
$435,000 List price
5117 Mallett Dr Port Richey, FL 34668
1,928 sqft
0.2 acres
$226 / sqft
Multi-Family
Property details
About 5117 Mallett Dr
Great Investment Opportunity! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner’s suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place at $1300 a month! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile bathrooms, paint inside/out & new roof (2020). Plus, there is a storage room. Whether you're looking to expand your rental portfolio, live on-site and rent the rest, or house multiple generations, this property offers endless possibilities. Located in an ideal location, walk to Whiskey River on the water, plus there are other nearby restaurants such as Hooters & Crab Shack. Marinas, shopping & local boating hotspots such as Anclote Key & the Sandbar make it even more appealing! Schedule your showing today!
Highlights
Home typeDuplex
StatusActive
CoolingDuctless, Wall/Window Unit(s)
Size1,928 sqft
Lot size0.24 Acres
Year built1968
ParkingConcrete, Driveway
MLS #846161
Virtual tour
Summary
- Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
- Flooring Type: Laminate, Tile
- Parking: Concrete, Driveway
- Architectural Style: MultiLevel, Duplex
- Cooling: Ductless, Wall/Window Unit(s)
- List Price: $435,000
- Price/SqFt: $225
- Annual Tax Amount: $4,675
- Tax Year: 2023
- Lot: Level
- Directions: From Hwy 19 take Cedar Lane to Pier Rd, Left on Mallett Dr, property as at the end of the street on the right.
- Year Built: 1968
- Living Area: 1,928 SqFt
- Lot Size: 0.24 Acres
- MLS Number: 846161
- MLS Name: CitrusCounty
- Office Name: ERA American Suncoast Realty
- Office Phone: (352) 795-6811
- Office Email: info@erasuncoast.com
Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Realtors® Association of Citrus County, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/18/2025, 5:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 07, 2024 | Home Sold | $375,000 |
| May 03, 2021 | Home Sold | $148,000 |
| Mar 29, 2005 | Home Sold | $115,000 |
| May 16, 2003 | Home Sold | $94,500 |
| Mar 24, 2003 | Home Sold | $49,500 |
| Jan 18, 2000 | Home Sold | $54,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $215,021 | $4,675 |
| 2022 | $143,980 | $3,006 |
| 2021 | $132,250 | $3,006 |
| 2019 | $78,630 | $1,812 |
| 2018 | $71,482 | $1,657 |
| 2017 | $72,791 | $1,445 |
History based on county public records data.
Nearby schools
1
Richey Elementary School
Public District KG-5
1.1 mi
•6850 Adams St
2
Calusa Elementary School
Public District KG-5
2.5 mi
•7520 Orchid Lake Rd
4
James M. Marlowe Elementary School
Public District PK-5
2.7 mi
•5642 Cecelia Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,669. The most common annual income of people living in Port Richey, FL is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
42%
<35k
27%
35k-100k
25%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
45%
Single, No Kids
6%
Single, with Kids
38%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
48%
35-64 yrs old
26%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Pro Boxing
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
White Castle
What do the neighbors drive?
Mazda
Lincoln
Chevrolet
What do the neighbors listen to?
Rock
Classical
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5117 Mallett Dr
The listing price of 5117 Mallett Dr property is $435,000.
The property 5117 Mallett Dr is a multi located in Port Richey, Florida, 34668.
Active Listing: 5117 Mallett Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5117 Mallett Dr are: Richey Elementary School (GreatSchools Rating 1/10), Calusa Elementary School (GreatSchools Rating 2/10), James M. Marlowe Elementary School (GreatSchools Rating 4/10), Gulf Middle School (GreatSchools Rating 2/10), Chasco Middle School (GreatSchools Rating 3/10), Learning Lodge Academy (GreatSchools Rating 6/10), Schwettman Education Center (GreatSchools Rating 1/10), Gulf High School (GreatSchools Rating 3/10), Wendell Krinn Technical High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $4,675 (source: MLS/based on county public records data).
The last sale was on June 7, 2024 for $375,000 (source: MLS/tax record).
The property 5117 Mallett Dr is 1,928 SqFt (source: MLS/tax record).
The year of construction for 5117 Mallett Dr is 1968.
This home is located at 5117 Mallett Dr in Port Richey, FL and zip code 34668 in the River Gulf Point neighborhood. This 1,928 square foot home, which was built in 1968, sits on a 0.24 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $435,000.
While more than 19 listings in Port Richey, FL in June 2025 were sold above asking price, there were more than 17 listings sold at asking price, and more than 50 were sold below. The number of homes for sale in Port Richey, FL decreased by 4.2% between May and June 2025. Listings spent 55 days on the market in June 2025, and had a median list price of $243,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.