5531 Manatee Point Drive New Port Richey, FL 34652
Listing Courtesy of: MLS LogoSTELLAR as distributed by MLS GRID / Listed By: BHHS Florida Properties Group - Contact:  727-847-4444

  5531 Manatee Point Drive New Port Richey, FL 34652

Active (188 Days)
$875,000 (USD)
5
BED
3
BATH
3,258
SQFT

Description

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!

MLS #:
W7888443
Taxes
$5,065(2025)
Lot Size
6,480 SQFT
Type
Single-Family Home
Year Built
1961
Views
Water
County
Pasco County

Listed By

Carol Olds, BHHS Florida Properties Group, Contact: 727-847-4444
Source
STELLAR
Last checked Aug 19 2026 at 1:28 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Great Room
  • Inside Utility
  • Unfurnished
  • Split Bedroom
  • Solid Surface Counters
  • Florida Room
  • Den/Library/Office
  • Family Room
  • Walk-In Closet(s)
  • Appliances: Dishwasher
  • Appliances: Electric Water Heater
  • Appliances: Refrigerator
  • Ceiling Fans(s)
  • Open Floorplan
  • Appliances: Disposal
  • Appliances: Microwave
  • Appliances: Range
  • Eat-In Kitchen
  • Interior In-Law Suite W/Private Entry
  • Primarybedroom Upstairs
Subdivision
  • Sunset Point Add
Lot Information
  • In County
  • Cul-De-Sac
  • City Limits
  • Flood Insurance Required
  • Floodzone
  • Paved
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Electric
  • Central Air
Pool Information
  • In Ground
  • Outside Bath Access
  • Gunite
Flooring
  • Carpet
  • Laminate
  • Tile
  • Luxury Vinyl
Exterior Features
  • Block
  • Stucco
  • Frame
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available, Public, Water Connected, Water Source: Public, Electricity Connected, Sewer Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Richey Elementary School
  • Middle School: Gulf Middle-PO
  • High School: Gulf High-PO
Garage
  • 14X23
Parking
  • Garage Door Opener
  • Oversized
Stories
  • 2
Living Area
  • 3,258 sqft
Additional Information: BHHS Florida Properties Group | 727-847-4444
Location
   
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Disclaimer: Listings Courtesy of “My Florida Regional MLS DBA Stellar MLS © 2026. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any other purpose other than to identify properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last Updated: 8/19/26 06:28
Based on information submitted to the MLS GRID as of 8/19/2026 13:28. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.