Renovated Duplex with New
5422 AMY Lane, New Port Richey, FL 34652
For Sale
$399,000
Residential Income, NEW PORT RICHEY, FL
Property Size2,048 SF
Lot Size0.14 Acres
Price / SF$194.82
Days on Market105
Property Features for 5422 AMY Lane
General Information
Property type
Property subtype
Zoning
Rooms
Interior features
Exterior features
Appliances
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
inside laundry rooms
private fenced backyard
storage sheds
Building Details
Year built
Building materials
Roof type
Additional Structures
Listing Agency:
FUTURE HOME REALTY INC
(813) 855-4982
Listed By:
Robert McDugald · License FL #599766
(727) 409-3368
Added: Jul 28
Changed: Aug 19
Last Checked: Nov 9 at 9:06PM
MLS# TB8533485
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This renovated duplex includes two similarly configured residences, each with 2 bedrooms, 2 full bathrooms, and 1,025 square feet of heated and cooled living area. Both units feature open-plan living, eat-in kitchens, spacious great rooms, generously sized bedrooms, primary walk-in closets, and interior laundry rooms. One kitchen has been updated. The property also includes a roof installed for the entire duplex, a new A/C system from 2025, block and brick construction, shingle roofing, and central air conditioning.
Each residence has a private fenced backyard, while the property provides parking for 4 vehicles and storage sheds. Month-to-month leases are in place, with tenants currently occupying the units. Public water and public sewer serve the property. Located at 5422 Amy Lane in New Port Richey, the duplex is near shopping, dining, downtown, local parks, and other amenities. The lot measures 0.14 acres, and the property was built in 1981.
Each residence has a private fenced backyard, while the property provides parking for 4 vehicles and storage sheds. Month-to-month leases are in place, with tenants currently occupying the units. Public water and public sewer serve the property. Located at 5422 Amy Lane in New Port Richey, the duplex is near shopping, dining, downtown, local parks, and other amenities. The lot measures 0.14 acres, and the property was built in 1981.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 full bathrooms per unit
- Each unit provides 1,025 square feet of heated and cooled living space
- New A/C system installed in 2025 and new roof across the duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,828
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,560
$516.6K
Cap Rate 7%
$368,971
$369.0K
Cap Rate 9%
$286,978
$287.0K
Market Conditions
NOI Build-Up for 2,048 SF
Gross rent
$41.0K $20.04/SF
− Vacancy
−$4.1K −$2.02/SF
EGI
$36.9K $18.02/SF
− OpEx
−$11.1K −$5.40/SF
NOI
$25.8K $12.61/SF
Area
Pasco County, FL
Vacancy
10.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,560
Cap Rate 7%
$368,971
Cap Rate 9%
$286,978
Alternative Uses
Best Use
Multifamily LT 5
$369.0K
$322.9K – $430.5K
NOI $25,828 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$350.1K
$306.3K – $408.4K
NOI $24,506 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$638.7K
$558.9K – $745.2K
NOI $44,710 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,257
Businesses Nearby
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Business Placement
Demographics for 34652, FL
26,697
Population
14,700
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,104
Density / Sq Mi
$52,396
Median Household Income
$36,819
Median Earnings
$1,189
Median Rent
$198,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in New Port Richey, FL
Properties on Market for Duplexes in New Port Richey
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching units offer open layouts, private laundry, fenced yards, and storage sheds.
Where is this duplex located?
The property is located at 5422 AMY Lane New Port Richey, FL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 full bathrooms per unit; Each unit provides 1,025 square feet of heated and cooled living space; New A/C system installed in 2025 and new roof across the duplex
