Enjoy the best of Florida living in this beautifully appointed 2-bedroom, 2-bath condo in Regency Palms, just minutes from Downtown New Port Richey and the Gulf! This spacious 1,060-square-foot home features an open, split-bedroom floor plan with soaring ceilings and a bright living area that flows seamlessly into the kitchen and dining space. The kitchen offers 42-inch cabinetry, granite countertops, stainless steel appliances, a breakfast bar and pantry. Step outside onto your private balcony overlooking the peaceful wooded surroundings—the perfect spot for morning coffee or an evening drink. The primary suite features a generous walk-in closet and private bath with granite and a travertine shower, while the guest bedroom and full bath provide plenty of privacy for visitors. A one-car attached garage plus additional bonus/storage space offers flexibility rarely found in condo living. Regency Palms residents enjoy community amenities including a pool and spa, dog park, grilling area and more. For an additional annual membership fee of approximately $200, owners may also enjoy access to the private Gulf Harbors Beach Club, where sunsets on the Gulf can become part of your everyday Florida lifestyle. And when you're ready for dinner or a night out, Downtown New Port Richey's restaurants, breweries and local favorites like SteamWorks Pub are just minutes away. Low-maintenance living, private beach access and a thriving downtown—all waiting for you!
For sale
Price cut: $14K (9/15)
$224,000
5041 ROYAL PALMS WAY #302, NEW PORT RICHEY, FL 34652
2beds
1,060sqft
Condominium
Built in 2015
-- sqft lot
$221,100 Zestimate®
$211/sqft
$393/mo HOA
What's special
Private beach accessBreakfast barGranite countertopsOpen split-bedroom floor planSoaring ceilingsStainless steel appliances
- 53 days
- 198
- 27
Zillow last checked:
Listing updated:
Listed by:
Stephen Luikart 727-808-5778,
RIVER RANCH REALTY, LLC 727-808-5778
Source: Stellar MLS,MLS#: W7888629
Originating MLS: West Pasco

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 169 Square Feet
- Dimensions: 13x13
Bedroom 1
- Features: Built-in Closet
- Level: First
- Area: 140 Square Feet
- Dimensions: 10x14
Dining room
- Level: First
- Area: 56 Square Feet
- Dimensions: 7x8
Kitchen
- Features: Breakfast Bar
- Level: First
- Area: 120 Square Feet
- Dimensions: 10x12
Living room
- Level: First
- Area: 234 Square Feet
- Dimensions: 13x18
Heating
- Central, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
- Laundry: Inside, Laundry Closet
Features
- Eating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Vaulted Ceiling(s)
- Flooring: Ceramic Tile, Laminate
- Has fireplace: No
Interior area
- Total structure area: 1,060
- Total interior livable area: 1,060 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Ground Level
- Attached garage spaces: 1
- Details: Garage Dimensions: 12x24
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony, Courtyard, Dog Run, Sidewalk
- Pool features: In Ground
- Spa features: In Ground
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Beach Access, Gulf/Ocean Access
Lot
- Size: 1,224 Square Feet
Details
- Parcel number: 162605023.0004.00302.0
- Zoning: MPUD
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2015
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public
Community & HOA
Community
- Features: Water Access, Buyer Approval Required, Community Mailbox, Deed Restrictions, Golf Carts OK, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: REGENCY PALMS CONDOS
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Optional Additional Fees, Pool, Spa/Hot Tub
- Services included: Cable TV, Common Area Taxes, Community Pool, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $393 monthly
- HOA name: Andrew George
- HOA phone: 727-726-8000
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $208,965
- Annual tax amount: $3,939
- Date on market: 8/14/2026
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional,FHA,Lease Purchase,Owner May Carry,VA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
$221,100
$210,000 - $232,000
$1,717/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $224,000-5.9%$211/sqft |
Source: | ||
| 8/14/2026 | Listed for sale | $238,000+22.1%$225/sqft |
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| 5/17/2024 | Sold | $195,000-13.3%$184/sqft |
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| 5/6/2024 | Pending sale | $225,000$212/sqft |
Source: | ||
| 3/22/2024 | Price change | $225,000-1.7%$212/sqft |
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| 3/15/2024 | Price change | $229,000-0.4%$216/sqft |
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| 3/1/2024 | Price change | $230,000-0.4%$217/sqft |
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| 2/7/2024 | Price change | $231,000-0.9%$218/sqft |
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| 1/12/2024 | Price change | $233,000-1.7%$220/sqft |
Source: | ||
| 1/10/2024 | Price change | $237,000-0.4%$224/sqft |
Source: | ||
| 12/20/2023 | Price change | $238,000-0.8%$225/sqft |
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| 12/8/2023 | Price change | $240,000-1.6%$226/sqft |
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| 11/21/2023 | Price change | $244,000-2%$230/sqft |
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| 11/15/2023 | Price change | $249,000-1.2%$235/sqft |
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| 10/16/2023 | Listed for sale | $252,000+12%$238/sqft |
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| 10/6/2023 | Listing removed | -- |
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| 9/25/2023 | Price change | $224,990-4.3%$212/sqft |
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| 9/19/2023 | Price change | $235,000-1.7%$222/sqft |
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| 9/1/2023 | Price change | $239,000-4%$225/sqft |
Source: | ||
| 8/16/2023 | Price change | $249,000-2%$235/sqft |
Source: | ||
| 8/14/2023 | Price change | $254,000-1.6%$240/sqft |
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| 8/10/2023 | Price change | $258,000-3.7%$243/sqft |
Source: | ||
| 7/28/2023 | Listed for sale | $268,000+78.7%$253/sqft |
Source: | ||
| 4/30/2020 | Sold | $150,000-9.1%$142/sqft |
Source: Public Record Report a problem | ||
| 10/21/2019 | Price change | $165,000-2.9%$156/sqft |
Source: CENTURY 21 LIST with BEGGINS #T3182714 Report a problem | ||
| 6/24/2019 | Listed for sale | $170,000+30.9%$160/sqft |
Source: CENTURY 21 LIST with BEGGINS #T3182714 Report a problem | ||
| 5/13/2016 | Sold | $129,900+2.4%$123/sqft |
Source: Stellar MLS #U7764040 Report a problem | ||
| 2/4/2016 | Sold | $126,857$120/sqft |
Source: Stellar MLS #U7747911 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,939 -11.9% | $208,965 -1.1% |
| 2024 | $4,471 +6% | $211,340 +18.6% |
| 2023 | $4,218 +20.1% | $178,150 +19.2% |
| 2022 | $3,513 +8.8% | $149,452 +11.6% |
| 2021 | $3,228 +75.5% | $133,859 +15.5% |
| 2020 | $1,839 +2.8% | $115,920 +2.3% |
| 2019 | $1,790 | $113,320 +1.9% |
| 2018 | $1,790 +2.1% | $111,215 +2.1% |
| 2017 | $1,753 +1.3% | $108,928 +1.7% |
| 2016 | $1,731 +1182.1% | $107,100 +1847.3% |
| 2015 | $135 +9.8% | $5,500 +10% |
| 2014 | $123 | $5,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Northwest
Nearby schools
Schools provided by the listing agent
- Elementary: Richey Elementary School
- Middle: Gulf 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.







