$249,900

5557 Sea Forest Drive

New Port Richey, FL 34652

Active
2
Beds
2
Baths
1,410
Sq Ft
0.02
Acres
1988
Built
WaterfrontWater access$177/sqft360° tour
🏠Condominium

Property type

🏗️1988

Year built

📐799 sqft

Lot size

📊$177

Price / sq ft

🏘️$90/mo

HOA dues

📅228

Days on market

🌊AE

Flood zone

About this home

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 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.

Estimated monthly payment

Principal & interest$1,264
Property taxes$337
Home insurance (est.)$115
HOA dues$90

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 history228 days on market

  1. Status: Active
    Aug 8, 2025
  2. Listed$265,000
    Aug 8, 2025
  3. Price reduced$249,900

Virtual Tour

Facts & features

Property type
Residential
Sub type
Condominium
Status
Active
Days on market
228
Subdivision
Heather Cove New Port
County
Pasco
Year built
1988
Living area
1,410 sq ft
Price/sq ft
$177
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

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

HOA fee
$90 / Monthly
Monthly HOA
$90/mo
Total monthly fees
$1,002/mo
Total annual fees
$12,020
HOA name
Extreme Management Team
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

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

RoomLevelDimensions
Great RoomFirst14x28
Primary BedroomFirst14x12
KitchenFirst13x18

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

High riskFEMA Zone AEPanel 12101C0351G

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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MLS GRID

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 March 24, 2026 at 4:09 PM 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.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA