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5041 ROYAL PALMS WAY UNIT 302

Condo/Co-op For Sale
$238,000

BTC: 3.67737948

ETH: 125.08934954

3 days
2 bds
2 ba
1,060 sqft

Overview

Enjoy the best of Florida living in this beautifully appointed 2-bedroom, 2-bath condo in Regency Palms, just minutes from Downtown New Port Richey and the Gulf! This spacious 1,060-square-foot home features an open, split-bedroom floor plan with soaring ceilings and a bright living area that flows seamlessly into the kitchen and dining space. The kitchen offers 42-inch cabinetry, granite countertops, stainless steel appliances, a breakfast bar and pantry. Step outside onto your private balcony overlooking the peaceful wooded surroundings—the perfect spot for morning coffee or an evening drink. The primary suite features a generous walk-in closet and private bath with granite and a travertine shower, while the guest bedroom and full bath provide plenty of privacy for visitors. A one-car attached garage plus additional bonus/storage space offers flexibility rarely found in condo living. Regency Palms residents enjoy community amenities including a pool and spa, dog park, grilling area and more. For an additional annual membership fee of approximately $200, owners may also enjoy access to the private Gulf Harbors Beach Club, where sunsets on the Gulf can become part of your everyday Florida lifestyle. And when you're ready for dinner or a night out, Downtown New Port Richey's restaurants, breweries and local favorites like SteamWorks Pub are just minutes away. Low-maintenance living, private beach access and a thriving downtown—all waiting for you!

Location

Details

Type:
Residential
Parking:
Ground Level
Year Built:
2015
Lot:
0.03 Acres
Heating:
Central / Heat Pump
Price/sqft:
$225
Cooling:
Central Air
HOA:
$393

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,000
$142K – $325K
Confidence Low
List vs. estimate
$11K below estimate
List $238,000 · -4.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$224
+74.5% vs. city median $128
Based on
19 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,939
2025
HOA
$393/mo
Cable TV, Common Area Taxes, Community Pool
Pool
In Ground
View
Water
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    • Heat Pump

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Eating Space In Kitchen

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Stone Counters

    • Vaulted Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Ground Level

    Property

    • Levels: One

    • Exterior Features: Balcony / Courtyard / Dog Run / Sidewalk

    Lot

    • Lot: 0.03 Acres

    Other Property Information

    • Parcel Number: 162605023.0004.00302.0

    • Zoning: MPUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Public

  • Other financial information

    • HOA: $393

    • HOA Frequency: Monthly

    • Annual tax amount: $3,939

  • Source details

    • MLS ID: W7888629

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Closet

    • Pool Features: In Ground

    • Window Features: Shades / Window Treatments

    • Direction Faces: South

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1060

    • Water Source: Public

    • Subdivision Name: REGENCY PALMS CONDOS

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.

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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: RIVER RANCH REALTY, LLC