Excellent Investment Opportunity – Turnkey 1BR/1BA Condo with Long-Term Tenant in Place. Investor-friendly and move-in ready! This charming 1-bedroom, 1-bathroom condo offers immediate rental income with a tenant secured through April 2026. Located in a well-maintained community with low HOA fees, this fully furnished unit is the definition of hassle-free ownership. Unit offers updated flooring, freshly painted, and new HVAC/Water Heater. Enjoy a screened-in patio with a private storage closet—perfect for extra convenience. The community features on-site laundry facilities, a sparkling pool, and is ideally situated near scenic waterfront parks, shopping centers, and popular dining spots. Whether you're expanding your portfolio or stepping into real estate investing, this property delivers on value, location, and long-term potential. *Units 310, 405, 410, 204, and 303 are all available - Seller Financing Option may also be available on package purchase*
Sold for $64,000
$64,000
5541 Bay Blvd APT 405, Port Richey, FL 34668
1beds
547sqft
Condominium
Built in 1980
-- sqft lot
$63,200 Zestimate®
$117/sqft
$1,221 Estimated rent
Home value
$63,200
$58,000 - $70,000
$1,221/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 29, 2025 at 01:47pm
Listing Provided by:
Alexandros Antonakos 813-428-1907,
QUICKSILVER REAL ESTATE GROUP 813-288-0300,
Erica Antonakos 813-455-0946,
QUICKSILVER REAL ESTATE GROUP
Bought with:
Erica Antonakos, 3301992
QUICKSILVER REAL ESTATE GROUP
Source: Stellar MLS,MLS#: TB8398117
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Built-in Closet
- Level: First
Bathroom 1
- Features: Shower No Tub, Single Vanity
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Features: Ceiling Fan(s)
- Level: First
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Water Heater, Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), Thermostat
- Flooring: Carpet, Ceramic Tile
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 547
- Total interior livable area: 547 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Patio, Screened
- Exterior features: Balcony, Sidewalk
- Pool features: Gunite, In Ground
Lot
- Size: 9,598 sqft
- Features: Cleared, Level, Sidewalk
- Residential vegetation: Trees/Landscaped
Details
- Additional structures: Storage
- Parcel number: 292516078A00C004050
- Zoning: R1
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Florida
- Property subtype: Condominium
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Completed
- New construction: No
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Pool, Sidewalks
Location
- Region: Port Richey
- Subdivision: ROYAL RICHEY VILLAGE CONDO 02
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $263 monthly
- Services included: Community Pool, Reserve Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
- Association name: Qualified Property Management/ Robert
- Association phone: 727-869-9700
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 14400
Other
Other facts
- Listing terms: Cash,Owner May Carry
- Ownership: Condominium
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $64,000-1.5%$117/sqft |
Source:  Stellar MLS #TB8398117 Report a problem | ||
| 7/30/2025 | Pending sale | $64,999$119/sqft |
Source: Stellar MLS #TB8398117 Report a problem | ||
| 7/21/2025 | Listed for sale | $64,999$119/sqft |
Source: Stellar MLS #TB8398117 Report a problem | ||
| 6/24/2025 | Pending sale | $64,999$119/sqft |
Source: Stellar MLS #TB8398117 Report a problem | ||
| 6/19/2025 | Listed for sale | $64,999+465.2%$119/sqft |
Source: Stellar MLS #TB8398117 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,015 +4.6% | $59,752 +55.7% |
| 2023 | $970 +25.8% | $38,370 +10% |
| 2022 | $771 +13.6% | $34,890 +21% |
Find assessor info on the county website
Neighborhood: 34668
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 3/10Chasco Middle SchoolGrades: 6-8Distance: 2.2 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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Estimated market value
$63,200