Tour
$7,956 Closing Credit¹
#TB8366814, Dasy Danh, Listing Office: CHARLES RUTENBERG REALTY INC
$650,000 List price
5603 Palmetto Rd New Port Richey, FL 34652
$7,719
Closing credit¹
5 beds
4 full
3,408 sqft
0.5 acres
$191 / sqft
House
Property details
About 5603 Palmetto Rd
This unique 5-bedroom, 4-bathroom home offers 2,928 sq ft of living space on a spacious 0.52-acre lot. Home overlooks the peaceful Cottee River in the heart of downtown New Port Richey! Originally built in 1928 and updated in 1991, the home combines historic charm with modern potential. One bedroom and one bathroom are located on the main floor, with four additional bedrooms and three bathrooms on the second floor. The floors are original southern yellow pine hardwood floors, which could easily be restored, bringing back their natural beauty and adding warmth and character throughout the home. There's a finished attic, creating extra versatile living space on the third level, while an unfinished basement offers additional storage or customization potential. The detached two-car garage includes an additional 480 sq ft apartment above the garage. The garage itself could also be converted into additional living space, creating a flexible two-story accessory dwelling unit—ideal for guests, rentals, or multi-generational living. Property is Zoned R1 with potential for multi-family development, this property is perfect for investors or homeowners seeking room to grow. Located in a quiet neighborhood just minutes from parks, schools, and all downtown amenities. A rare riverfront opportunity with flexibility and future potential!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size3,408 sqft
Lot size0.52 Acres
Year built1928
MLS #TB8381226
Garage2 spaces
FireplaceLiving Room, Masonry, Wood Burning
ViewWater
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Dishwasher, Electric Water Heater, Freezer, Other, Range, Refrigerator
- Flooring Type: Wood
- Interior: Ceiling Fans(s), Thermostat
- Fireplace: Living Room, Masonry, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- View: Water
- Exterior: Balcony, Dog Run, Garden, Other
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $650,000
- Price/SqFt: $190
- HOA Amount: $0
- Annual Tax Amount: $6,110
- Tax Year: 2023
- Directions: From US Hwy 19 and Main Street - Proceed East on Main Street. Turn left onto River Road. Stay to the right when it forks. Turn right onto Palmetto Road. Subject property is on the left, at the corner of Palmetto Drive and Mandy Lane. **** Turn left onto Mandy Lane for driveway parking.
- Year Built: 1928
- Living Area: 3,408 SqFt
- Lot Size: 0.52 Acres
- MLS Number: TB8381226
- MLS Name: MFRMLS
- Office Name: ALIGN RIGHT REALTY CARROLLWOOD
- Office Phone: (813) 374-6050
- Listing Agent: Robert Lowry
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 11:34:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$650,000
5603 Palmetto Rd
$7,719
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $287,200 | $6,110 |
| 2022 | $278,840 | $5,628 |
| 2021 | $270,720 | $5,628 |
| 2019 | $260,990 | $5,337 |
| 2018 | $256,130 | $5,259 |
| 2017 | $250,862 | $5,226 |
History based on county public records data.
Nearby schools
1
Richey Elementary School
Public District KG-5
0.3 mi
•6850 Adams St
4
James M. Marlowe Elementary School
Public District PK-5
2.0 mi
•5642 Cecelia Dr
2
Calusa Elementary School
Public District KG-5
2.2 mi
•7520 Orchid Lake Rd
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 $33,090. Typical income of New Port Richey, FL residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
53%
<35k
29%
35k-100k
6%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
47%
Single, No Kids
14%
Single, with Kids
26%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
48%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Horse Races
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Stein Mart
Big Lots
Where do the neighbors go to eat?
White Castle
LongHorn Steakhouse
Golden Corral
What do the neighbors drive?
Chevrolet
Buick
Kia
What do the neighbors listen to?
Rock
Contemporary Inspirational
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5603 Palmetto Rd
The listing price of 5603 Palmetto Rd property is $650,000.
The property 5603 Palmetto Rd is a house located in New Port Richey, Florida, 34652.
Active Listing: 5603 Palmetto Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5603 Palmetto Rd are: Richey Elementary School (GreatSchools Rating 1/10), James M. Marlowe Elementary School (GreatSchools Rating 4/10), Calusa Elementary School (GreatSchools Rating 2/10), Gulf Middle School (GreatSchools Rating 2/10), Chasco Middle School (GreatSchools Rating 3/10), Athenian Academy of Technology and the Arts (GreatSchools Rating 9/10), 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 $6,110 (source: MLS/based on county public records data).
The property at 5603 Palmetto Rd has 5 bedrooms and 4 bathrooms.
The property 5603 Palmetto Rd is 3,408 SqFt (source: MLS/tax record).
The year of construction for 5603 Palmetto Rd is 1928.
This home is located at 5603 Palmetto Rd in New Port Richey, FL and zip code 34652 in the North River neighborhood. This 3,408 square foot home, which was built in 1928, sits on a 0.52 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $650,000.
Over 27 listings were sold over their listed price in May 2025 in New Port Richey, FL. In the same period over 116 listings were sold below the listed price and 41 listings were sold for the listed price. The number of homes for sale in New Port Richey, FL increased by 2.5% between April and May 2025. In May 2025 median list price was $287,680 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.