$499,994
5127 Bay Boulevard
Port Richey, FL 34668
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveDec 27, 2025
- Listed$549,945Dec 26, 2025
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Second | |
| Primary Bedroom | Second | |
| Bedroom 2 | Second | |
| Bathroom 3 | Second | |
| Bedroom 4 | Second | |
| Kitchen | Second | |
| Laundry | Second |
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
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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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.
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