Beautiful Waterfront 2-Bedroom Condo with Wrap-Around Balcony & Airbnb Potential. Welcome to this spacious and beautifully decorated 2-bedroom, 2-bathroom condo located on a serene saltwater canal with access to boat slips. While this unit does not come with a deeded slip, there are often slips available for sale or rent — a great option if waterfront living and boating are part of your lifestyle. Boasting over 1,400 square feet of living space, this condo offers a light and airy feel with three sets of sliding glass doors that open onto a screened wrap-around balcony—perfect for enjoying both sunrise and sunset views. Inside, you'll find an open and generously sized living and dining area, plus a modern kitchen featuring: Beautiful laminate flooring, Granite countertops, Stainless steel refrigerator and dishwasher, Ample cabinetry and eat-in space. The split-bedroom layout offers privacy, with the primary suite featuring: King-size bed, Dual vanity bathroom with separate tub and shower, Walk-in closet, Private sliding door to the balcony. Additional features include a full-size laundry room with washer and dryer, and the condo comes fully furnished if desired. Plus, short-term rentals (e.g., Airbnb) are allowed, making this an excellent investment opportunity. Located on the first floor above the parking garage, the unit provides both convenience and security. Owners enjoy covered parking in the garage with one reserved space, along with additional guest parking outside. The Community offers 2 pools, community boat ramp, tennis and pickle ball courts. Monthly fees include internet, basic cable, sewer, trash, pest control, exterior maintenance, roof repair and more. Community has access to Gulf Harbors private beach also for an optional fee of $200 per year . Don’t miss your chance to own this stunning waterfront condo in a desirable community — ideal for full-time living, a vacation getaway, or an income-producing rental! Seller will do owner financing with a 5 year balloon with 20% down; fed rate or lower. Owner will assist with buyer's closing costs!!! Also, listed as a seasonal rental. Typical Peak Season Rental Rates for Jan - April is $3500 - $4,000 per month
For sale
Price cut: $5K (6/22)
$244,900
5557 Sea Forest Dr APT 118, New Port Richey, FL 34652
2beds
1,410sqft
Condominium
Built in 1988
-- sqft lot
$240,500 Zestimate®
$174/sqft
$1,002/mo HOA
What's special
Serene canalWrap-around balconyBoat slipsSplit-bedroom layoutGranite countertopsWasher and dryerFull-size laundry room
- 335 days |
- 110 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Lyn DeBoer 727-244-7715,
RE/MAX REALTEC GROUP INC 727-789-5555
Source: Stellar MLS,MLS#: TB8415288
Originating MLS: Suncoast Tampa
Originating MLS: Suncoast Tampa
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Family Room, Dining Room, Utility Room
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 168 Square Feet
- Dimensions: 14x12
Great room
- Features: No Closet
- Level: First
- Area: 392 Square Feet
- Dimensions: 14x28
Kitchen
- Features: Breakfast Bar, Built-In Shelving, Granite Counters, No Closet
- Level: First
- Area: 234 Square Feet
- Dimensions: 13x18
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
- Flooring: Carpet, Laminate, Tile
- Doors: Sliding Doors
- Windows: Blinds, Window Treatments
- Has fireplace: No
Interior area
- Total structure area: 1,410
- Total interior livable area: 1,410 sqft
Video & virtual tour
Property
Parking
- Parking features: Covered, Guest, Reserved
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Enclosed, Screened, Wrap Around
- Exterior features: Balcony
- Has view: Yes
- View description: Trees/Woods, Water
- Water view: Water
- Waterfront features: Canal Front, Waterfront, Canal - Saltwater, Saltwater Canal Access, Boat Ramp - Private, Seawall
- Frontage length: Canal: 100
Lot
- Size: 799 Square Feet
- Features: Near Marina
Details
- Parcel number: 162607007.A000.00118.0
- Zoning: MF2
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Elevated,Florida
- Property subtype: Condominium
Materials
- Block, Concrete, HardiPlank Type
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Connected, Sewer Connected, Street Lights, Water Connected
Community & HOA
Community
- Features: Canal Front, Community Boat Ramp, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Clubhouse, Deed Restrictions, Pool
- Pet fee: $0 monthly
- Subdivision: HEATHER COVE NEW PORT
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub
- Services included: Cable TV, Community Pool, Reserve Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- HOA fee: $1,002 monthly
- HOA name: Qualified Property Management
Location
- Region: New Port Richey
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $260,643
- Annual tax amount: $4,044
- Date on market: 8/8/2025
- Cumulative days on market: 335 days
- Listing terms: Cash,Conventional,Lease Option,Lease Purchase,Owner May Carry,VA Loan
- Ownership: Condominium
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
$240,500
$228,000 - $253,000
$1,842/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $244,900-2%$174/sqft |
Source:  Stellar MLS #TB8415288 Report a problem | ||
| 3/24/2026 | Price change | $249,900-3.8%$177/sqft |
Source: Stellar MLS #TB8415288 Report a problem | ||
| 10/21/2025 | Price change | $259,900-1.9%$184/sqft |
Source: Stellar MLS #TB8415288 Report a problem | ||
| 8/8/2025 | Listed for sale | $265,000+76.7%$188/sqft |
Source: Stellar MLS #TB8415288 Report a problem | ||
| 11/2/2024 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/21/2024 | Listed for rent | $2,000+11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2016 | Listing removed | $1,800$1/sqft |
Source: TOM TUCKER REALTY #U7762898 Report a problem | ||
| 1/15/2016 | Listed for rent | $1,800$1/sqft |
Source: TOM TUCKER REALTY #U7762898 Report a problem | ||
| 12/9/2014 | Sold | $150,000-1.6%$106/sqft |
Source: Public Record Report a problem | ||
| 10/10/2014 | Price change | $152,500-3.2%$108/sqft |
Source: AQUA SEAS REALTY INC (285512194) #W7600558 Report a problem | ||
| 7/24/2014 | Listed for sale | $157,500+26%$112/sqft |
Source: AQUA SEAS REALTY INC #W7600558 Report a problem | ||
| 6/4/2002 | Sold | $125,000+45.3%$89/sqft |
Source: Public Record Report a problem | ||
| 5/22/1997 | Sold | $86,000$61/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,044 +12.7% | $260,643 +24.8% |
| 2023 | $3,589 +18.4% | $208,870 +8.8% |
| 2022 | $3,031 +10.6% | $191,950 +21% |
| 2021 | $2,741 +5.1% | $158,640 +10% |
| 2020 | $2,609 +8.6% | $144,220 +10% |
| 2019 | $2,402 | $131,110 -7.4% |
| 2018 | $2,402 +8.4% | $141,535 +30.6% |
| 2017 | $2,215 +14.6% | $108,357 -1.3% |
| 2016 | $1,933 -3.7% | $109,831 -1.3% |
| 2015 | $2,008 +18.1% | $111,304 -1.3% |
| 2014 | $1,700 | $112,778 +50% |
| 2013 | -- | $75,174 -1.3% |
| 2012 | -- | $76,127 -5% |
| 2011 | -- | $80,159 -53.7% |
| 2010 | -- | $173,101 -1.2% |
| 2009 | -- | $175,271 -23.3% |
| 2008 | -- | $228,416 -1.2% |
| 2007 | -- | $231,190 +0.6% |
| 2006 | -- | $229,863 +7.8% |
| 2005 | -- | $213,276 +74% |
| 2004 | -- | $122,589 +27.5% |
| 2003 | -- | $96,135 -1.1% |
| 2002 | -- | $97,239 +17% |
| 1999 | -- | $83,104 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 34652
Nearby schools
GreatSchools rating
- 2/10Richey Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 2/10Gulf Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Gulf High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Pasco County
- New Port Richey
- 34652
- 5557 Sea Forest Dr Apartment 118
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