$389,000
Active5427 Water St, New Port Richey, FL 34652
2,920 sq ft
Listing courtesy of BAY STREET COMMERCIAL LLC Β· MLS# TB8365712
583 days on market
Refreshed from the Stellar MLS feed . This listingβs MLS record last changed .
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.
Facts
- Property type
- Office
- Year built
- 1982
- Flood zone
- X
- Annual taxes
- $3,809/yr
- Listed
- Mar 24, 2025
- MLS #
- TB8365712
Commercial details
Building & site
- Building size
- 2,920 SF
- Lot size
- 0.11 acres (5,000 SF)
- Road frontage
- County Road
- Buildings
- 1
Investor metrics
- Price per SF (MLS)
- $133.22/SF
As reported by the listing broker in the MLS. Not verified by Lasbury-Tracy Realty β confirm with the listing broker before relying on them. We never estimate a cap rate.
Price & status history
- Listed for $429,000
- Price reduced to $389,000
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5427 Water St, New Port Richey, FL 34652
Listing courtesy of BAY STREET COMMERCIAL LLC Β· MLS# TB8365712 Β· Active
Where this property is
Opens on aerial β on this coast the canal, the lot and the neighbours answer more questions than a street grid does.



