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$389,000

5427 WATER STREET, NEW PORT RICHEY, FL 34652

3D Tour
Active503 days on market

Beds

Baths

0

Sq Ft

2,920 sq ft

Year Built

1982

Lot Size

0.11 acres

Garage

About This Property

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.

Property Overview

Property TypeCommercial Sale
Sub TypeOffice
MLS #TB8365712
StatusActive
Year Built1982
Stories1
ConstructionBrick
FoundationSlab
SubdivisionC E CRAFTS SUB
CountyPasco
OwnershipOther

Interior Features

CoolingCentral Air

Exterior & Lot

Lot Size0.11 acres (5,000 sq ft)
Road SurfaceAsphalt
0

Utilities

Parking

GarageNo

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$389,000
Original Price$429,000
Annual Taxes$3,809 (2024)
Parcel #1626080230000000350

Directions

Veterans Express North (589-TOLL), take exit 19 toward SR-54/New Port Richey/Zephyrhills, turn left onto SR-54 W, 12.0 miles, turn right onto Grand Blvd (CR-595 N), 0.5 miles, continue on Grand Blvd (CR-595), 0.9 miles, turn left onto Water St, 0.1 miles to property.

Location

5427 WATER STREET, NEW PORT RICHEY, FL 34652

Listing Information

OfficeBAY STREET COMMERCIAL LLC
ListedMarch 24, 2025

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Home Price

$389,000

20% ($77,800)
6.75%

Loan Term

Principal & Interest$2,018
Property Tax (est.)$357
Insurance (est.)$150
Total Monthly$2,525
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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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. Data last updated: August 26, 2026.

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