Single Family Residence at 5721 CASSON AVE, NEW PORT RICHEY
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27 photos

$220,000

5721 CASSON AVE
NEW PORT RICHEY, FL 34652
Listed by Erin Sheahan · RE/MAX REALTY UNLIMITED
Bedrooms
2
Bathrooms
1.5
Living area
911 sqft
Year built
1950

About this home

Secure a high-performing asset for your portfolio with this turn-key investment property in New Port Richey. Currently tenant-occupied and generating IMMEDIATE CASH FLOW, 5721 Casson Ave offers the perfect blend of low-maintenance durability and long-term appreciation potential. This cottage-style home is built on a raised foundation and features original hardwood floors throughout the main living areas—ideal for an investment where longevity and ease of upkeep are paramount. The smart 2-bedroom, 2-bathroom floor plan includes a primary ensuite, an interior laundry room, and a versatile bonus flex space that adds significant functional value for residents. The property’s standout feature is the 16x16 detached, air-conditioned shed. This climate-controlled space provides incredible utility as a professional workshop, home office, or premium storage, setting this listing apart from others in the market and enhancing tenant retention. Positioned at the end of a cul-de-sac, the property offers a private setting with no through traffic, located in a high-demand pocket near the Cottee River and the Gulf. With its proximity to local dining, shopping, and coastal recreation, this is a strategic acquisition for any investor looking for a reliable, value-add property in a prime Florida location.

Property details

MLS #
MFRTB8532898
Property type
Single Family Residence
Subdivision
GARDEN GROVE ADD
Status
Active
Days on market
31
On market date
July 27, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.12 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
RICHEY ELEMENTARY SCHOOL
0.39 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
592
Student:teacher ratio
12.1:1
District
PASCO
Middle
GULF MIDDLE SCHOOL
1.49 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
MARCHMAN TECHNICAL COLLEGE
1.82 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1
Student:teacher ratio
0.1:1
District
PASCO

Walkability

Blended score for NEW PORT RICHEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.2 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores5
Parks6
Schools15
Transit stops20
Pharmacies4

Market position

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

On the market 31 days -- 78 fewer days than NEW PORT RICHEY's current average of 109 days.
For reference, the median list price across 1,521 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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Adjust tax / insurance estimates
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Est. monthly payment
$1,475/mo
$44,000 down
$176,000 loan
Principal & interest$1,142
Property tax (est.)$183
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 27, 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.