Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

5557 SEA FOREST DRIVE UNIT 118

Condo/Co-op Recently Sold
$230,000

BTC: 2.76641809

ETH: 86.79245283

Sold on: 2026-09-15
385 days
Waterfront
2 bds
2 ba
1,410 sqft

Overview

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

Location

Details

Type:
Residential
Parking:
Covered / Guest / Reserved
Year Built:
1988
Lot:
0.02 Acres
Heating:
Central / Electric / Heat Pump
Price/sqft:
$174
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$177,450
$95K – $287K
Confidence Low
List vs. estimate
$67K above estimate
List $244,900 · +38.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$173
+39.5% vs. city median $124
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,044
2024
View
Trees/Woods, Water
Waterfront
Canal Front, Waterfront
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Laminate

    • Tile

    Heating

    • Central

    • Electric

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Elevator

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Covered

    • Guest

    • Reserved

    Property

    • Levels: One

    • Exterior Features: Balcony / Sliding Doors

    Lot

    • Lot: 0.02 Acres

    Other Property Information

    • Parcel Number: 162607007.A000.00118.0

    • Zoning: MF2

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,044

  • Source details

    • MLS ID: TB8415288

    Other facts

    • Construction Materials: Block / Concrete / HardiPlank Type

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: Near Marina

    • Patio And Porch Features: Covered / Enclosed / Screened / Wrap Around

    • Window Features: Blinds / Window Treatments

    • Direction Faces: North

    • Architectural Style: Elevated / Florida

    • Waterfront: Yes

    • Living Area: 1410

    • Water Source: Public

    • Subdivision Name: HEATHER COVE NEW PORT

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

Recently Sold
$290,000
House
3 bds · 2 ba · 1,200 sqft
BEACON SQUARE, NEW PORT RICHEY
4011 GRAYTON DRIVE
Recently Sold
$190,000
House
2 bds · 1 ba · 1,152 sqft
TANGLEWOOD TERRACE, NEW PORT RICHEY
5204 IDLEWILD STREET
New
Recently Sold
$255,000
House
3 bds · 2 ba · 1,345 sqft
TANGLEWOOD TERRACE, NEW PORT RICHEY
5235 GREENWOOD STREET
New
Recently Sold
$254,000
House
2 bds · 1 ba · 1,056 sqft
COLONIAL MANOR, NEW PORT RICHEY
3542 BEDFORD STREET
New
Recently Sold
$185,000
House
2 bds · 2 ba · 1,156 sqft
GROVE PARK, NEW PORT RICHEY
4126 WIGGINS DRIVE
New
Recently Sold
$202,500
House
2 bds · 2 ba · 1,232 sqft
EDGEWOOD GULF TRACE REP, HOLIDAY
2925 FEATHERSTONE DRIVE
New
Recently Sold
$219,000
House
2 bds · 1 ba · 1,162 sqft
BEACON SQUARE, NEW PORT RICHEY
4334 CRAFTSBURY DRIVE
New
Recently Sold
$290,000
House
3 bds · 2 ba · 1,216 sqft
ORCHID LAKE VILLAGE, PORT RICHEY
8101 ROSE PETAL COURT

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RE/MAX REALTEC GROUP INC