
$499,900
5940 & 5934 Meadowlane Street
New Port Richey, FL 34652
Listing updated: June 4, 2026 at 2:27 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
NEW PRICE! Exceptional Income-Producing Duplex in a prime location! Discover a rare opportunity to own a beautifully designed side-by-side duplex offering the perfect blend of comfort, flexibility, and income potential. Whether you’re an investor seeking a high-demand rental property or a homeowner looking to live in one unit while generating rental income from the other, this versatile property delivers outstanding value. Each spacious residence offers 3 beds/2 baths and over 1,250 square feet of thoughtfully designed living space. A functional open-concept layout with high ceilings and recessed lighting seamlessly connect the living and dining areas. Designed with comfort and accessibility in mind, the kitchen features a breakfast bar, newer appliances and a laundry closet with washer/dryer. The guest bedrooms are generously sized and share a hallway bathroom, while the primary suite has a large walk-in closet and en-suite bathroom. This unique layout of two homes under one roof is suitable for a wide range of living needs including multigenerational living or a private mother-in-law suite. Step outside to enjoy the fully fenced backyard, including a separate privacy fence dividing each unit, allowing residents to enjoy their own outdoor space or even store their RV! One unit is currently tenant-occupied and fully updated, providing immediate rental income potential. This property offers added flexibility with no HOA restrictions, two NEWER AC units and is situated outside of a flood zone. Located just minutes from US-19, this home has quick access to major commuting routes, shopping, dining, and the vibrant downtown district, making it highly desirable for both homeowners and tenants. Schedule your private showing today!
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history84 days on market
- Status: ActiveMar 12, 2026
- Listed$549,000Mar 12, 2026
- Price reduced$499,900
Facts & features
- Property type
- Residential Income
- Sub type
- Duplex
- Status
- Active
- Days on market
- 84
- Subdivision
- Crafts Sub
- County
- Pasco
- Year built
- 2006
- Living area
- 2,518 sq ft
- Price/sq ft
- $199
- Lot size
- 7,500 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12101C0352G)
- Annual taxes
- $4,316 (2025)
- Parcel #
- 08-26-16-0250-03301-0030
- Zoning
- MF1
- MLS #
- TB8484287
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Interior Details
- Bedrooms
- 6
- Flooring
- Ceramic Tile, Luxury Vinyl
- Appliances
- Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
- Laundry
- In Kitchen, Laundry Closet
- Stories / Levels
- One
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Driveway, Off Street, RV Access/Parking
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
Exterior & Construction
- Exterior features
- Fence, Private Yard, RV Hookup
- Construction materials
- Block, Vinyl Siding
- Roof
- Shingle
- Foundation
- Slab
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Available, Electricity Connected, Public, Water - Multiple Meters
Listing Details
- Listing date
- 2026-03-12
- On market date
- 2026-03-12
- Original list price
- $549,000
- Occupant type
- Tenant
- MLS area
- 34652 - New Port Richey
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-03-12
- Tax legal description
- CRAFTS SUBDIVISION UNIT 4 PB 2 PG 44 LOT 3 & EAST 1/2 OF LOT 4 BLOCK 1
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From SR-54, take Madison St. NORTH, then go WEST onto Meadowlane Street. DUPLEX is on the LEFT.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX 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.
Based on information submitted to the MLS GRID as of June 4, 2026 at 2:27 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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