Waterfront Key West–Style Home with Private Boat Ramp, Gulf Access, and Dual Garages | Port Richey, FL 34668 Experience classic Florida waterfront living in this Key West–style home set on .48 acres of waterfront land, framed by mature oaks and coastal scenery. Elevated approximately 13 feet, the home offers the rare combination of water views, outdoor living space, and functional parking/storage all in a golf cart–friendly community with easy access to Downtown New Port Richey and Sims Park. From the moment you arrive, the home’s elevated design and expansive porches create the feeling of “living in a treehouse,” with wide-open skies and a true waterfront backdrop. Waterfront home with a private boat ramp for small crafts, such as kayaks, skiff boats, jet skis, etc. Minutes to the open Gulf of Mexico and waterfront dining less than a mile away. The property has three driveways with boat parking + RV parking on site. Larger boat access via public boat ramp and private marina is less than a mile away. A new roof will be on by closing. The home is built to up-to-date hurricane standards and designed to withstand a Category 3 hurricane. Interior Layout has an open, bright design and is designed for everyday comfort. The living area offers a highly desirable layout with four bedrooms, an open living room/dining room/kitchen combination, tall ceilings, and an inside large laundry room. A split floor plan supports privacy, while the large primary bedroom spans the full length of the home, an impressive feature that is difficult to find in this segment of the waterfront market. Flooring includes tile and laminate throughout, ideal for low-maintenance coastal living. Dual Garages + Private Flex Suite (Rare Value-Add) Downstairs features two large garages, plus a highly functional bonus space located between the garages with a private entrance ideal as a mother-in-law suite, gym, guest suite, or potential short-term rental (Airbnb-style) setup. Enjoy multiple outdoor areas designed to maximize the setting of a true outdoor entertaining space, including an open front porch, a screened-in back porch, and a private deck overlooking the natural waterfront landscape. Whether you’re entertaining, relaxing, or launching for a day on the water, the lifestyle here is exactly what Florida waterfront buyers are looking for. If you want waterfront access, Gulf proximity, boat/RV parking, and flexible space in one property, this home is a must-see.
For sale
$549,945
5127 Bay Blvd, Port Richey, FL 34668
4beds
2,162sqft
Est.:
Single Family Residence
Built in 2001
0.48 Acres Lot
$538,300 Zestimate®
$254/sqft
$-- HOA
What's special
Four bedroomsTall ceilingsTrue outdoor entertaining spaceExpansive porchesOpen front porchWaterfront backdropDual garages
- 3 days |
- 318 |
- 18 |
Zillow last checked: 8 hours ago
Listing updated: December 27, 2025 at 03:54am
Listing Provided by:
Gena McCulloch 727-753-8731,
REAL BROKER, LLC 855-450-0442
Source: Stellar MLS,MLS#: TB8459057
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bonus Room, Garage Apartment
Primary bedroom
- Features: Walk-In Closet(s)
- Level: Second
Bedroom 2
- Features: En Suite Bathroom, Built-in Closet
- Level: Second
Bedroom 4
- Features: Ceiling Fan(s), Built-in Closet
- Level: Second
Bathroom 3
- Features: Ceiling Fan(s), Built-in Closet
- Level: Second
Kitchen
- Features: Pantry
- Level: Second
Laundry
- Level: Second
Living room
- Features: Ceiling Fan(s)
- Level: Second
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Features
- Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), In-Law Floorplan
- Flooring: Ceramic Tile, Laminate
- Doors: French Doors, Sliding Doors
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 2,162
- Total interior livable area: 2,162 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Bath In Garage, Driveway, Ground Level, Guest, RV Access/Parking, Split Garage, Under Building, Workshop in Garage
- Attached garage spaces: 8
- Has uncovered spaces: Yes
- Details: Garage Dimensions: 34x80
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Front Porch, Patio, Porch, Rear Porch, Screened
- Exterior features: Fire Pit, Other, Private Entrance, Private Yard, Sidewalk
- Has view: Yes
- View description: Trees/Woods, Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Bay/Harbor Front, Canal Front, Waterfront, Canal - Saltwater, Saltwater Canal Access, Gulf/Ocean Access, Boat Ramp - Private
Lot
- Size: 0.48 Acres
- Features: Cleared, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Unincorporated
- Residential vegetation: Oak Trees
Details
- Parcel number: 162529005.0000.00015.0
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Key West
- Property subtype: Single Family Residence
Materials
- Block, Vinyl Siding, Wood Frame
- Foundation: Slab, Raised
- Roof: Shingle
Condition
- New construction: No
- Year built: 2001
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
- Utilities for property: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Public, Street Lights, Water Available, Water Connected
Community & HOA
Community
- Features: Bay/Harbor Front, Canal Front, Community Boat Ramp, Dock, Fishing, Marina, Public Boat Ramp, Water Access, Waterfront, Dog Park, Golf Carts OK, Park, Playground, Restaurant, Sidewalks
- Subdivision: MARTHAS VINEYARD
HOA
- Has HOA: No
- Pet fee: $0 monthly
Location
- Region: Port Richey
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $641,905
- Annual tax amount: $4,560
- Date on market: 12/26/2025
- Cumulative days on market: 4 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$538,300
$511,000 - $565,000
$2,418/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2025 | Listed for sale | $549,945+77.4%$254/sqft |
Source:  Stellar MLS #TB8459057 Report a problem | ||
| 6/9/2016 | Listing removed | $310,000$143/sqft |
Source: Coldwell Banker F.I. Grey & Son Residential, Inc. #W7615329 Report a problem | ||
| 1/4/2016 | Listed for sale | $310,000+6.9%$143/sqft |
Source: Coldwell Banker F.I. Grey & Son Residential, Inc. #W7615329 Report a problem | ||
| 7/28/2014 | Sold | $290,000-3.3%$134/sqft |
Source: Public Record Report a problem | ||
| 4/25/2014 | Price change | $299,900-2.3%$139/sqft |
Source: Garnik, LLC dba Keller Williams Realty #U7606267 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,561 +1.3% | $256,850 |
| 2023 | $4,504 +9.4% | $256,850 +3% |
| 2022 | $4,118 +2.2% | $249,370 +6.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,608/mo
Principal & interest
$2623
Property taxes
$793
Home insurance
$192
Climate risks
Neighborhood: 34668
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 3/10Chasco Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Richey Elementary School
- Middle: Chasco Middle-PO
- High: Gulf High-PO
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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