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For sale
    • $875,000

    5531 MANATEE POINT DRIVE, NEW PORT RICHEY, FL 34652

    5beds
    3,258sqft
    : 
    $6,077/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    6,480 Square Feet Lot
    $832,400 Zestimate®
    $269/sqft
    $-- HOA

    What's special

    Huge poolExpansive outdoor living spaceVersatile living spacesBreathtaking water viewsMassive primary suiteComplete new kitchen
    Virtually Staged. UNIQUE WATERFRONT RETREAT WITH GULF ACCESS & INCREDIBLE INCOME POTENTIAL! Discover a truly special waterfront property on the Cottee River, where BREATHTAKING WATER VIEWS and an unbeatable location create the perfect Florida lifestyle. With the Gulf just approximately 10 minutes away by boat, this spacious 5-bedroom, 3-bath home offers incredible flexibility for a primary residence, vacation rental, multi-generational living, or income-producing investment. Originally constructed in 1961, the home has been thoughtfully updated and expanded to accommodate entertaining and modern living. Upstairs, you'll find a massive primary suite plus 2 additional rooms that could easily serve as a 6th bedroom, office, studio, or flex space. The upstairs living area also features a private entrance, creating the opportunity to rent it separately or transform the space into an in-law suite or guest apartment. The possibilities are truly endless! Step outside and enjoy spectacular, unobstructed water views from the approximately 43-foot upstairs deck. The expansive outdoor living space continues with a huge pool, concrete seawall, dock, and boat lift—everything you need to embrace the Florida waterfront lifestyle. Whether you're boating to the Gulf, relaxing poolside, entertaining friends, or simply watching the sunset over the water, this property delivers. Major improvements include new HVAC and water heater in 2024, and two new breaker boxes, a complete new kitchen, roof, hurricane windows, sliders, and vinyl laminate plank flooring on the main level in 2025. With exceptional Gulf access, versatile living spaces, extensive updates, and outstanding rental potential, this is much more than a home—it’s an opportunity. Must see to fully appreciate all this unique waterfront property has to offer! Enjoy all that the revitalized downtown has to offer!
    36 days
    463
    44

    Zillow last checked:

    Listing updated:

    Listed by:

    Carol Olds 727-992-4517,

    BHHS FLORIDA PROPERTIES GROUP 727-847-4444

    Source: Stellar MLS,MLS#: W7888443MLS LogoOriginating MLS: West Pasco

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Den/Library/Office, Family Room, Florida Room, Great Room, Utility Room
      Primary bedroom
      • Features: En Suite Bathroom, Walk-In Closet(s)
      • Level: Second
      • Area: 392 Square Feet
      • Dimensions: 14x28
      Bedroom 1
      • Features: Built-in Closet
      • Level: First
      • Area: 156.51 Square Feet
      • Dimensions: 11.1x14.1
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 128.37 Square Feet
      • Dimensions: 12.11x10.6
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 109.89 Square Feet
      • Dimensions: 11.1x9.9
      Bedroom 5
      • Features: Built-in Closet
      • Level: Second
      • Area: 282.51 Square Feet
      • Dimensions: 21.9x12.9
      Family room
      • Level: First
      • Area: 289.73 Square Feet
      • Dimensions: 13.11x22.1
      Kitchen
      • Level: First
      • Area: 130 Square Feet
      • Dimensions: 10x13
      Living room
      • Level: First
      • Area: 267.63 Square Feet
      • Dimensions: 22.1x12.11
      Office
      • Features: Built-in Closet
      • Level: Second
      • Area: 100.8 Square Feet
      • Dimensions: 9x11.2
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: Laundry Room
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), In-Law Floorplan
      • Flooring: Carpet, Laminate, Luxury Vinyl, Tile
      • Doors: Outdoor Shower, Sliding Doors
      • Windows: Skylight(s), Hurricane Shutters/Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 4,652
      • Total interior livable area: 3,258 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage Door Opener, Oversized
      • Attached garage spaces: 1
      • Details: Garage Dimensions: 14x23
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Enclosed, Porch, Rear Porch, Screened
      • Exterior features: Outdoor Shower, Private Entrance, Private Mailbox, Private Yard, Rain Gutters
      • Has private pool: Yes
      • Pool features: Gunite, In Ground, Outside Bath Access
      • Fencing: Vinyl
      • Has view: Yes
      • View description: Water, River
      • Has water view: Yes
      • Water view: Water,River
      • Waterfront features: River Front, Saltwater Canal Access, Gulf/Ocean Access, River Access, Davits, Seawall
      • Body of water: PITHLACHASCOTEE RIVER (COTEE)
      Lot
      • Size: 6,480 Square Feet
      • Dimensions: 218 x 61 x 37
      • Features: Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, In County
      • Residential vegetation: Oak Trees
      Details
      • Parcel number: 162532042.0000.0004A.0
      • Zoning: R1
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: SUNSET POINT ADD
      HOA
      • Has HOA: No
      Location
      • Region: New Port Richey

      Financial & listing details

      • Price per square foot: $269/sqft
      • Tax assessed value: $292,772
      • Annual tax amount: $5,064
      • Date on market: 8/19/2026
      • Cumulative days on market: 225 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $832,400

        $791,000 - $874,000

        $3,853/mo

        Price history

        DateEventPrice
        8/19/2026Listed for sale$875,000-7.9%$269/sqft
        Source: Stellar MLS #W7888443 Report a problem
        7/12/2026Listing removed$950,000$292/sqft
        Source: Stellar MLS #TB8460831 Report a problem
        3/28/2026Price change$950,000-5%$292/sqft
        Source: Stellar MLS #TB8460831 Report a problem
        1/5/2026Listed for sale$1,000,000-31%$307/sqft
        Source: Stellar MLS #TB8460831 Report a problem
        8/2/2024Listing removed$1,450,000-3.3%$445/sqft
        Source: Stellar MLS #U8229695 Report a problem
        2/5/2024Listed for sale$1,500,000+500%$460/sqft
        Source: Stellar MLS #U8229695 Report a problem
        3/30/2012Sold$250,000-28.6%$77/sqft
        Source: Stellar MLS #W7497176 Report a problem
        9/8/2011Listing removed$349,900$107/sqft
        Source: Florida Luxury Realty #W7497176 Report a problem
        3/1/2011Price change$349,900-10.3%$107/sqft
        Source: Florida Luxury Realty #7497176 Report a problem
        1/17/2011Listed for sale$389,900+3799%$120/sqft
        Source: Florida Luxury Realty #7497176 Report a problem
        6/19/2002Sold$10,000-87.2%$3/sqft
        Source: Public Record Report a problem
        3/20/2000Sold$78,000$24/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,065 +2.4%$288,460 +2.9%
        2024$4,944 -0.9%$280,330
        2023$4,989 +9.3%$280,330 +3%
        2022$4,566 +2.1%$272,170 +6.1%
        2021$4,473 -0.1%$256,560 +1.4%
        2020$4,477 +6.8%$253,020 +2.3%
        2019$4,193 $247,340 +1.9%
        2018$4,193 +1.8%$242,734
        2017$4,118 +1.2%$242,734 +4.2%
        2016$4,069 +0.3%$232,851 +0.7%
        2015$4,057 +5.2%$231,232 -0.3%
        2014$3,856 $231,958 +4.1%
        2013-- $222,716 +9.7%
        2012-- $202,954 -10.5%
        2011-- $226,857 -1%
        2010-- $229,105 -2.4%
        2009-- $234,624 -39.8%
        2008-- $389,808 -9%
        2007-- $428,364 +3.4%
        2006-- $414,145 +18.9%
        2005-- $348,340 +21%
        2004-- $287,915 +21.6%
        2003-- $236,728 +4.4%
        2002-- $226,784 +32.9%
        1999-- $170,614
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 34652

        Getting around

        34 / 100
        Car-Dependent
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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