Photo of 5531 MANATEE POINT DRIVE in New Port Richey

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5531 Manatee Point Dr, New Port Richey, FL 34652

MLS W7888443

$875,000

Est. $4,494/mo principal and interest at 6.65% with 20% down

5 bd · 3.0 ba · 3,258 sqft · Single Family Residence

About this home

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!

Key facts

Type
Single Family Residence
Size
3,258 sqft
Bedrooms
5
Bathrooms
3.0
Avg. price per sqft
$269
County
Pasco
MLS number
W7888443
Status
Active
Property address
5531 Manatee Point Dr, New Port Richey, FL 34652

Where is this home?

Common questions

How much is 5531 Manatee Point Dr, New Port Richey, FL 34652 listed for?

5531 Manatee Point Dr, New Port Richey, FL 34652 in New Port Richey, FL is listed at $875,000 (about $4,494/mo principal and interest at 6.65% with 20% down).

How many bedrooms and bathrooms does 5531 Manatee Point Dr, New Port Richey, FL 34652 have?

5531 Manatee Point Dr, New Port Richey, FL 34652 has 5 bedrooms, 3.0 bathrooms, and 3,258 square feet.

Who can show 5531 Manatee Point Dr, New Port Richey, FL 34652 in New Port Richey?

Jonathan Loescher is a Tampa Bay Realtor and Loan Originator. He can tour this home, compare nearby listings, and work the financing with you.

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