5716 KENWOOD AVENUE, New Port Richey, FL, 34652
About This Home
Don’t miss this rare investment opportunity in the heart of downtown New Port Richey. This well-maintained duplex features two separate units, each with private entrances, individual driveways, and updated interiors, offering strong rental income with future upside. The roof was replaced in 2018, and the entire exterior was freshly painted in 2024. Unit 5718 features a remodeled kitchen, updated bathroom, fireplace, and a spacious Florida room. It currently functions as a large studio but can easily be converted into a one-bedroom layout. Tenant in place paying $1,000/month. Unit 5716 is a cozy studio with a recently remodeled bathroom and a private entrance off Washington Street. Tenant in place paying $900/month. Shared amenities include an exterior laundry area with washer and dryer (not coin-operated) and a large fenced yard. Both units have never experienced interior flooding. Tenants are on month-to-month leases, providing flexibility for future rental increases, repositioning, or redevelopment. Current gross annual rental income is $22,800. The property is ideally located just steps from downtown New Port Richey’s shops, restaurants, Sims Park, local festivals, and the scenic riverfront. Easy access to US-19 and the Suncoast Parkway makes commuting simple, and Gulf beaches are only a short drive away. This income-producing property offers immediate cash flow with long-term potential in one of Pasco County’s most walkable and desirable areas. Schedule your private showing today.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Foundation: Block,Crawlspace
- Roof: Shingle
- Construction materials: Block,Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dryer,Electric Water Heater,Range,Refrigerator,Washer
- Laundry features: Common Area,Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Ceiling Fan(s),Open Floorplan
- Flooring: Luxury Vinyl
- Fireplace features: Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: Corner Unit
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,027 sqft
Property
Details
- Parcel number: 162532043.0001.00011.0
- Zoning: R2
- Special condition: None
Features
- Patio & porch: Front Porch,Rear Porch
- Fencing: Fenced
Lot
- Lot size: 9,114 sqft
- Features: Corner Lot,Sidewalk
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Tornado
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Pasco County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $905 | $10,860 |
| Home Insurance * | $112 | $1,344 |
| Property Taxes | $122 | $1,464 |
| Electricity | $197 | $2,366 |
| Total | $1,336 | $16,032 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-25 | Listed for sale | $179,000 |
| 2026-06-03 | Pending sale | $179,000 |
| 2026-05-11 | Price change | $179,000 |
| 2026-05-09 | Price change | $184,000 |
| 2026-04-28 | Price change | $186,000 |
| 2026-04-19 | Listed for sale | $189,900 |
| 2026-04-01 | Pending sale | $189,900 |
| 2026-03-22 | Price change | $189,900 |
| 2026-03-05 | Listed for sale | $195,000 |
| 2026-02-20 | Pending sale | $195,000 |
| 2026-02-13 | Price change | $195,000 |
| 2026-01-27 | Listed for sale | $200,000 |
| 2026-01-23 | Pending sale | $200,000 |
| 2026-01-13 | Price change | $200,000 |
| 2025-11-11 | Price change | $202,000 |
| 2025-10-27 | Price change | $205,000 |
| 2025-09-04 | Price change | $210,000 |
| 2025-08-12 | Price change | $213,000 |
| 2025-07-17 | Price change | $223,000 |
| 2025-07-14 | Price change | $225,000 |
| 2025-07-07 | Price change | $239,000 |
| 2025-06-25 | Price change | $240,000 |
| 2025-05-27 | Listed for sale | $250,000 |
| 2022-09-04 | Listing removed | -- |
| 2022-09-03 | Listed for rent | $850 |
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