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Sold for $230,000
    • $230,000

    5557 SEA FOREST DRIVE #118, NEW PORT RICHEY, FL 34652

    2beds
    1,410sqft
    Condominium
    Built in 1988
    -- sqft lot
    $230,000 Zestimate®
    $163/sqft
    $1,829 Estimated rent

    Home value

    $230,000

    $212,000 - $251,000

    $1,829/mo

    Zestimate® history
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    What's special

    Wrap-around balconyScreened wrap-around balconySerene saltwater canalGranite countertopsAccess to boat slipsCommunity boat rampLight and airy feel
    SELLER FINANCING available with 10% down, 6% interest and a 5 yr baloon. 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

    Zillow last checked:

    Listing updated:

    Listed by:

    Lyn DeBoer 727-244-7715,

    RE/MAX REALTEC GROUP INC 727-789-5555

    Bought with:

    Lyn DeBoer, 3176576

    RE/MAX REALTEC GROUP INC

    Source: Stellar MLS,MLS#: TB8415288MLS LogoOriginating MLS: Suncoast Tampa

    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: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,410
    • Total interior livable area: 1,410 sqft

    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: No
    • 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, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
    • HOA fee: $895 monthly
    • HOA name: Qualified Property Management
    Location
    • Region: New Port Richey

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $208,118
    • Annual tax amount: $4,044
    • Date on market: 8/8/2025
    • Cumulative days on market: 385 days
    • Listing terms: Cash,Conventional,Lease Option,Lease Purchase,Owner May Carry,VA Loan
    • Ownership: Condominium
    • Total actual rent: 0
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/15/2026Sold$230,000-6.1%$163/sqft
    Source: Stellar MLS #TB8415288 Report a problem
    6/22/2026Price change$244,900-2%$174/sqft
    Source: Stellar MLS #TB8415288 Report a problem
    3/24/2026Price change$249,900-3.8%$177/sqft
    Source: Stellar MLS #TB8415288 Report a problem
    10/21/2025Price change$259,900-1.9%$184/sqft
    Source: Stellar MLS #TB8415288 Report a problem
    8/8/2025Listed for sale$265,000+76.7%$188/sqft
    Source: Stellar MLS #TB8415288 Report a problem
    11/2/2024Listing removed$2,000$1/sqft
    Source: Zillow Rentals Report a problem
    10/21/2024Listed for rent$2,000+11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    3/3/2016Listing removed$1,800$1/sqft
    Source: TOM TUCKER REALTY #U7762898 Report a problem
    1/15/2016Listed for rent$1,800$1/sqft
    Source: TOM TUCKER REALTY #U7762898 Report a problem
    12/9/2014Sold$150,000-1.6%$106/sqft
    Source: Public Record Report a problem
    10/10/2014Price change$152,500-3.2%$108/sqft
    Source: AQUA SEAS REALTY INC (285512194) #W7600558 Report a problem
    7/24/2014Listed for sale$157,500+26%$112/sqft
    Source: AQUA SEAS REALTY INC #W7600558 Report a problem
    6/4/2002Sold$125,000+45.3%$89/sqft
    Source: Public Record Report a problem
    5/22/1997Sold$86,000$61/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,683 -8.9%$208,118 -20.2%
    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

    Neighborhood: 34652

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    Estimated market value
    $230,000
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    Estimated market value
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