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5117 MALLETT DRIVE

“Great Investment Opportunity! FULLY RENTED - Currently bringing in $48K annually in rent! This updated versatile multi-unit rental property offers exceptional flexibility and income potential. Possible owner financing! The first floor (Unit 1) features 3BR/2BA with an updated kitchen & stylish bathrooms, great for long-term tenants. Unit 2: is a charming furnished studio/kitchenette with a separate entrance, great for short-term rental, a guest or owner’s suite. Include it with Unit 1 or Unit 2 to make it an In-Law Suite! - UNITS 1&2 CURRENTLY RENTED OUT! The second floor, (Unit 3) is a nice 1BR/1BA with a kitchen, living room & screened porch, AND already has a paying tenant in place! Enjoy quiet evenings by the firepit on this dead end road with a wooded view. The interior & exterior have been nicely updated: granite counters, stainless steel appliances, luxury vinyl & tile flooring, tile bathrooms, paint inside/out & new roof (2020). Plus, there is a storage room. Whether you're looking to expand your rental portfolio, live on-site and rent the rest, or house multiple generations, this property offers endless possibilities. Located in an ideal location, walk to Whiskey River on the water, plus there are other nearby restaurants such as Hooters & Crab Shack. Marinas, shopping & local boating hotspots such as Anclote Key & the Sandbar make it even more appealing! Schedule your showing today!
5117 MALLETT DRIVE

Details

Property ID:

TB8405807

Garage:

N/A

Listing Price:

$434000

Current Price:

$429900

Garage Size:

N/A

Property Size:

10500 SQFT

Property Living Area :

1928 SQFT

Year Built:

1968

Bedrooms:

5

Property Type:

Residential Income

Bathrooms:

N/A

Property Status:

Active

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Represented By Agent

  • Yes
  • No

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Listed by ERA AMERICAN SUNCOAST REALTY
Listing Contact: 352-267-3840

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed. All information should be independently verified.

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Data last updated 11/17/2025, 7:56 PM UTC

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