INNOVATE Real Estate
Land at 5421 GULF DR, NEW PORT RICHEY
1 photo

$349,000

5421 GULF DR
NEW PORT RICHEY, FL 34652
Listed by Dewey Mitchell · BHHS FLORIDA PROPERTIES GROUP
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This offering presents a unique opportunity to acquire 1.61± acres of strategically located land at the corner of Gulf Drive and Charles Street, just two blocks east of US Highway 19 in the heart of New Port Richey, FL. With 200± feet of frontage on Gulf Drive and daily traffic counts of approximately 6,600 vehicles, the property boasts strong visibility and access. Located within the City of New Port Richey, the site is zoned for Medical Office use and may also offer potential for residential development, making it an ideal location for a variety of future uses. Positioned in Flood Zone X and surrounded by dense residential and commercial development, this property is priced to attract investors and developers alike.

Property details

MLS #
MFRW7824358
Property type
Land
Subdivision
CRAFTS
Status
Active
Days on market
1968
On market date
June 24, 2020
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.11 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
JAMES M. MARLOWE ELEMENTARY SCHOOL
0.64 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
1.01 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
0.55 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. EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

83
Highly walkable
out of 100
EPA National Walkability Index
16.7 / 20 -- Most walkable

Market position

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

On the market 1968 days -- 1859 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
$2,252/mo
$69,800 down
$279,200 loan
Principal & interest$1,811
Property tax (est.)$291
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated June 8, 2026.

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.