Skip to content
1 / 17
Active · Single Family

5427 WATER STREET

NEW PORT RICHEY, FL 34652

Beds
Baths
Area
2,920 sqft
Single FamilyBuilt 19825,000 sqft lotCentral Air$133/sqft511 days on market

About this home

This 2,920 SF New Port Richey professional office building is located on a shared (2 unit) site. The space was formerly used as a medical lab but would work nicely as a medical office as it is located in a market surrounded by dense residential and complementary medical uses. As you walk through the front door, you enter into a large reception and waiting area with a waiting room large enough to accommodate 12-14 guests. The adjacent reception office is set up for two stations with an open bullpen area behind it. At the rear of the space, there are 4 private offices / exam rooms, 2 restrooms, a large open area, and another wide open bullpen area. The space is in need of some cosmetic improvement and is ready for a new occupant to put their imagination to use with this flexible open floor plan. Located in New Port Richey just east of US-19 with easy access to the Suncoast Parkway and Veterans Express.

Facts & features

Interior

Living area
2,920 sqft
Cooling
Central Air
Stories
1

Exterior & lot

Lot size
5,000 sqft (0.11 ac)
Construction
Brick

Financial

Annual tax
$3,809 (2024)
Price / sqft
$133/sqft

Property

Property type
Single Family
Year built
1982
Subdivision
C E CRAFTS SUB
County
Pasco

Listing

Status
Active
Days on market
489 days
MLS #
MFR754243665
Source
Stellar MLS

Listed by Michael Braccia, PA · BAY STREET COMMERCIAL LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$414k
+6.3% vs asking
$390k low$437k high

Based on 25 comparable sales within 2 miles of NEW PORT RICHEY, FL, this home is priced under RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$2,284/mo
Principal & interest
$1,967/mo
Property tax
$317/mo
Home insurance
$0/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Aug 12, 2026Price reduced$389,000−$40,000
Mar 24, 2025Listed$429,000

NeighbourhoodSample data

Reference scores for NEW PORT RICHEY, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
85/ 100
Very walkable
Transit Score
53/ 100
Good transit
Bike Score
67/ 100
Bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

Similar homes nearby

Homes for sale in NEW PORT RICHEY within the same price band.

8799 TIMLEY PASSSold
$449,400
8799 TIMLEY PASS
NEW PORT RICHEY, FL 34655
6 beds3 baths2,580 sqft
7519 HOLLY LAKE LANEActive
$339,900
7519 HOLLY LAKE LANE
NEW PORT RICHEY, FL 34653
3 beds2 baths2,103 sqft
5800-5808 MADISON STREETActive
$299,900
5800-5808 MADISON STREET
NEW PORT RICHEY, FL 34652
0 beds1,600 sqft