Office at 5427 WATER ST, NEW PORT RICHEY
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17 photos

$389,000

5427 WATER ST
NEW PORT RICHEY, FL 34652
Listed by Michael Braccia, PA · BAY STREET COMMERCIAL LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
2,920 sqft
Year built
1982

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.

Property details

MLS #
MFRTB8365712
Property type
Office
Subdivision
C E CRAFTS SUB
Status
Active
Days on market
503
On market date
March 24, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
JAMES M. MARLOWE ELEMENTARY SCHOOL
0.53 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
544
Student:teacher ratio
13.9:1
District
PASCO
Middle
GULF MIDDLE SCHOOL
0.91 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
926
Student:teacher ratio
16.5:1
District
PASCO
High
GULF HIGH SCHOOL
0.4 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,468
Student:teacher ratio
17.7:1
District
PASCO

Walkability

Blended score for NEW PORT RICHEY's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

91
Highly walkable
out of 100
EPA National Walkability Index
17.7 / 20 -- Most walkable
Nearby-amenity density
95 / 100
Restaurants & cafes20
Grocery stores9
Parks2
Schools16
Transit stops20
Pharmacies10

Market position

How this listing compares to current activity in NEW PORT RICHEY, from live MLS data.

On the market 503 days -- 394 more days than NEW PORT RICHEY's current average of 109 days.
For reference, the median list price across 1,475 active listings in NEW PORT RICHEY right now is $229,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,493/mo
$77,800 down
$311,200 loan
Principal & interest$2,018
Property tax (est.)$324
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 29 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.