$499,994

5127 Bay Boulevard

Port Richey, FL 34668

Active
4
Beds
3
Baths
2,162
Sq Ft
0.48
Acres
2001
Built
WaterfrontWater accessFireplace4-car garage$231/sqft360° tour
🏠Single Family Residence

Property type

🏗️2001

Year built

📐20,992 sqft

Lot size

📊$231

Price / sq ft

🏘️No HOA

HOA dues

📅138

Days on market

🚗4

Garage spaces

🌊AE

Flood zone

About this home

5127 Bay Blvd, Port Richey, FL 34668 Waterfront Home with Canal Access • 4BR/2.5BA • 0.48 Acres Some homes offer a view. This one offers a life. Set along a private saltwater canal in the Martha’s Vineyard waterfront community of Port Richey, Florida, this Key West-style home delivers the coastal lifestyle Pasco County buyers have been searching for. With 4 bedrooms, 2 full bathrooms, 1 half bath, and 2,162 square feet of living space on a rare 0.48-acre lot, 5127 Bay Blvd is one of the most versatile waterfront properties available in the New Port Richey and Port Richey area. The Property & Outdoor Space Nearly half an acre of Florida waterfront is the foundation here, and every inch is usable. Expansive porches, a screened retreat, a private deck, and a waterfront fire pit create an outdoor living and entertaining experience that is scarce. The oversized lot accommodates boat parking, RV parking, and multiple vehicles with ease. A private boat ramp provides direct water access for kayaks, paddleboards, canoes, and small watercraft, with canal connectivity leading toward the Gulf of Mexico. Inside the Home Soaring high ceilings, an open floor plan, and a split-bedroom layout create a bright, airy atmosphere throughout. Tile and laminate flooring flow seamlessly across the main living areas, and a wood-burning fireplace adds warmth and character. The layout supports comfortable everyday living, multi-generational arrangements, or flexible guest accommodations. Bonus Space & Garage The lower level features dual garages and a bonus flex space with its own private entrance — ideal as a guest suite, in-law quarters, home office, home gym, or short-term rental opportunity. Location Located in Port Richey’s Martha’s Vineyard waterfront community, this home is minutes from marinas, waterfront dining, parks, shopping, and the restaurants and nightlife of Downtown New Port Richey. Easy access to US-19 and the Suncoast Parkway connects you to Tampa, Clearwater, and beyond. Who This Home Is For This property is the right fit for buyers searching for: • A waterfront home in Pasco County with small craft canal access • A canal home in Port Richey with kayak, paddleboard, or small boat access • A Gulf-area property with RV parking, boat parking, and an oversized lot • A Key West-style Florida home with outdoor entertaining space • A multi-generational home with flex space and private entrance • A vacation home or investment property near the Gulf of Mexico If you’ve been searching for a waterfront home in Port Richey, a Florida coastal property with land and flexibility, or a lifestyle upgrade on the water, 5127 Bay Blvd is the one worth seeing.

Estimated monthly payment

Principal & interest$2,528
Property taxes$380
Home insurance (est.)$229

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 history138 days on market

  1. Status: Active
    Dec 27, 2025
  2. Listed$549,945
    Dec 26, 2025
  3. Price reduced$499,994

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
138
Subdivision
Marthas Vineyard
County
Pasco
Year built
2001
Living area
2,162 sq ft
Price/sq ft
$231
Lot size
20,992 sq ft
Lot category
1/4 to less than 1/2
Flood zone
AE (12101C0188G)
Garage
4 spaces
Annual taxes
$4,561 (2024)
Parcel #
16-25-29-005.0-000.00-015.0
Zoning
R1
MLS #
TB8459057

Interior Details

Bedrooms
4
Full bathrooms
2
Half bathrooms
1
Flooring
Ceramic Tile, Laminate
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Stories / Levels
Two
Direction faces
South
Fireplace
Yes

Heating & Cooling

Heating
Central, Electric
Cooling
Central Air

Parking

Garage spaces
4
Attached garage
Yes
Parking features
Bath In Garage, Driveway, Ground Level, Guest, RV Access/Parking, Garage, Basement, Workshop in Garage

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Homestead exemption
Yes
Min lease term
No Minimum
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
No
Additional lease restrictions
Verify with City

Exterior & Construction

Exterior features
Fire Pit, French Doors, Other, Private Entrance, Private Yard, Sidewalk, Sliding Doors
Construction materials
Block, Vinyl Siding, Frame
Roof
Shingle
Foundation
Slab, Stilt/On Piling
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Private Sewer
Water source
Private
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Public, Water Available, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Yes

Schools

ElementaryRichey Elementary SchoolGreatSchools ↗
MiddleChasco Middle-POGreatSchools ↗
High SchoolGulf High-POGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
Living RoomSecond
Primary BedroomSecond
Bedroom 2Second
Bathroom 3Second
Bedroom 4Second
KitchenSecond
LaundrySecond

Listing Details

Listing date
2025-12-26
On market date
2025-12-26
Original list price
$549,945
Occupant type
Owner
MLS area
34668 - Port Richey
Listing AOR
Orlando Regional
Home warranty
Yes
Status changed
2025-12-27
Tax legal description
MARTHAS VINEYARD UNIT TWO PB 5 PG 69 LOTS 15 & 16 OR 9063 PG 3159 OR 9490 PG 2773

Flood risk

High riskFEMA Zone AEPanel 12101C0188G

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

US19 to Bay Blvd, Heading West, the home is on the right side. There are three driveways.

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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 May 13, 2026 at 4:06 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