$244,900
5557 Sea Forest Drive
New Port Richey, FL 34652
Listing updated: July 24, 2026 at 10:54 AM ET
Listing courtesy of Re/Max Realtec Group Inc · Lyn DeBoer · MLS #TB8415288 · Active · 727-789-5555Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history350 days on market
- Status: ActiveAug 8, 2025
- Listed$265,000Aug 8, 2025
- Price reduced$244,900
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 350
- Subdivision
- Heather Cove New Port
- County
- Pasco
- Year built
- 1988
- Living area
- 1,410 sq ft
- Price/sq ft
- $174
- Lot size
- 799 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- AE (12101C0351G)
- Annual taxes
- $4,044 (2024)
- Parcel #
- 16-26-07-007.A-000.00-118.0
- Zoning
- MF2
- MLS #
- TB8415288
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Carpet, Laminate, Tile
- Appliances
- Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Elevator, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
- Laundry
- Inside, Laundry Room
- Stories / Levels
- One
- Direction faces
- North
Heating & Cooling
- Heating
- Central, Electric, Heat Pump
- Cooling
- Central Air
Parking
- Parking features
- Covered, Guest, Reserved
HOA & Financial
- Total monthly fees
- $895/mo
- Total annual fees
- $10,740
- HOA name
- Qualified Property Management
- CDD
- No
- Min lease term
- 2 Weeks
- Listing terms
- Cash, Conventional, Lease Option, Lease Purchase, Owner Financing, VA Loan
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See HOA for Rules. They seem very lax on their rental policies. The HOA board does not have to approve, which makes it easy to rent via Airbnb or VRBO.
Exterior & Construction
- Exterior features
- Balcony, Sliding Doors
- Construction materials
- Block, Concrete, HardiPlank Type
- Roof
- Shingle
- Foundation
- Slab
- Waterfront
- Yes
- Water access
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Cats OK, Dogs OK, Number Limit, Size Limit, Yes
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Great Room | First | 14x28 |
| Primary Bedroom | First | 14x12 |
| Kitchen | First | 13x18 |
Listing Details
- Listing date
- 2025-08-07
- On market date
- 2025-08-08
- Original list price
- $265,000
- Occupant type
- Owner
- MLS area
- 34652 - New Port Richey
- Listing AOR
- Suncoast Tampa
- Status changed
- 2025-08-08
- Tax legal description
- HEATHER COVE OF NEW PORT RICHEY PHASE 2 A CONDO CB 4 PGS 59-73 UNIT 118 & COMMON ELEMENTS & BOAT SLIP B-11 PER OR 4965 PG 1700 OR 9120 PG 3815
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From US 19 go west on Marine Parkway, take a right on Sea Forest Dr, then left into Heather Cove. There's guest parking by the pool. Building 5557.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of July 24, 2026 at 10:54 AM ET. 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.
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