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

5016 MARLIN DRIVE

House For Sale
$500,000

BTC: 7.67106474

ETH: 262.79275112

9 days
Waterfront
3 bds
2 ba
2,006 sqft

Overview

*ATTENTION INVESTORS AND SAVVY OWNER OCCUPANTS* Incredibly rare waterfront investor special in the highly desirable Gulf Harbors community of New Port Richey, just one block from the open Gulf with no bridges. The owner’s retirement offers you the rare chance to secure this spacious 3 bed / 2 bath, 2,006 sqft pool home on a large corner lot with over 95 ft of water frontage, immediate deep-water Gulf access, and major remediation already completed. While some finishing touches are still needed, the heavy lifting has already been done, making this an ideal opportunity for savvy owner-occupants, investors, and flippers looking to create serious value in a true Florida waterfront setting. So what makes this one so special? 1) Flood remediation and major fixes are complete, just come in, add your finishing touches, and bring the property fully back to life. 2) Over 95 ft of water frontage with a stationary boat dock and floating dock system, with immediate deep-water Gulf access just one block from the open Gulf with no bridges. 3) Large outdoor pool deck overlooking the water, complete with a tiki bar for entertaining and enjoying evenings and days in the Florida sun. 4) Newly updated chef’s kitchen complete with new solid wood cabinets, ample counter space on newly added luxury granite countertops, gleaming stainless steel appliances and a large fume hood. 5) Pool heated by solar pool-heating mats on roof. 6) Oversized large 2-car garage providing excellent space for vehicles, storage, tools, hobby gear, and toys. 7) Large corner lot in a waterfront community known for boating, beach access, and coastal living. 8) Located in the Gulf Harbors, offering access to boat ramps, a yacht club, a clubhouse, riverfront restaurants, and optional membership to the private Gulf Harbors Beach Club for just $200 annually, including gated beach access, cabanas, picnic areas, private bathrooms, and showers. 10) Just 6 minutes from vibrant downtown New Port Richey, with waterfront dining, local boutiques, breweries, live entertainment, and beautiful Sims Park along the scenic Cotee River. 11) Convenient location with Tampa International Airport and Clearwater beach just 50 minutes away, giving you waterfront living with easy access to the rest of Tampa Bay. With deep-water Gulf access, a large waterfront pool deck, dock system, updated kitchen, and remediation already completed, this property offers an exceptional canvas for your next flip, vacation home, short-term rental, or long-term waterfront hold. Easy to show. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1973
Lot:
0.25 Acres
Heating:
Central / Electric
Price/sqft:
$249
Cooling:
Central Air
HOA:
$125

Valuation

Our model vs. what's actually selling nearby.
Estimate
$371,700
$200K – $564K
Confidence Low
List vs. estimate
$128K above estimate
List $500,000 · +34.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$249
+15.1% vs. city median $216
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,949
2025
HOA
$125/yr
Pool
Heated
Waterfront
Canal Front, Gulf/Ocean Front
Garage
2 car garage
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    • Vinyl

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Range

    • Range Hood

    • Refrigerator

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Pool Private: Yes

    • Exterior Features: Outdoor Grill

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: 1326150010017000440

    • Zoning: R4

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Sewer Connected

    Green energy

    • Pool

  • Other financial information

    • HOA: $125

    • HOA Frequency: Annually

    • Annual tax amount: $4,949

  • Source details

    • MLS ID: TB8531647

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Block

    • Laundry Features: Electric Dryer Hookup / Washer Hookup

    • Pool Features: Heated / Solar Heat

    • Direction Faces: West

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2006

    • Water Source: Public

    • Subdivision Name: FLOR A MAR

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

New
For Sale
$425,000
Condo/Co-op
3 bds · 2 ba · 1,500 sqft
SEAVIEW PLACE/GULF LNDGS, NEW PORT RICHEY
4516 SEAGULL DRIVE UNIT 804
New
For Sale
$549,900
House
3 bds · 2 ba · 1,288 sqft
FLOR A MAR REP, NEW PORT RICHEY
4046 FLORAMAR TERRACE
New
For Sale
$429,000
Condo/Co-op
3 bds · 3 ba · 1,680 sqft
HEATHER COVE NEW PORT RICHEY P, NEW PORT RICHEY
5537 SEA FOREST DRIVE UNIT 301
New
For Sale
$435,000
Multi-family
0 room(s) · 2,048 sqft
TAMPA TARPON SPGS LAND CO, NEW PORT RICHEY
5422 AMY LANE
New
For Sale
$550,000
House
5 bds · 5 ba · 1,847 sqft
GRAND VIEW PARK 01, NEW PORT RICHEY
7032 MORNINGSTAR LANE
For Sale
$385,000
House
2 bds · 1 ba · 1,044 sqft
FLOR A MAR, NEW PORT RICHEY
4946 BLUE HERON DRIVE
For Sale
$625,000
House
3 bds · 3 ba · 1,847 sqft
FLOR A MAR SEC 15A, NEW PORT RICHEY
4549 TOPSAIL TRAIL
For Sale
$534,900
House
3 bds · 2 ba · 1,600 sqft
FLOR A MAR SEC 15B, NEW PORT RICHEY
4930 POMPANO DRIVE

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: RICHARD PETERS REALTY LLC