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5127 BAY BOULEVARD

House For Sale
$475,000

BTC: 6.14489004

ETH: 193.95671703

-$75K (2026/08/15)
249 days
Waterfront
4 bds
2 ba
2,162 sqft

Overview

5127 Bay Blvd, Port Richey, FL 34668 Waterfront Home with Canal Access | 4BR/2.5BA | 0.48 Acres | Martha's Vineyard Community Some properties check boxes. This one changes your life. Set on a rare 0.48-acre saltwater canal lot in Port Richey's Martha's Vineyard waterfront community, this Key West-style home delivers the coastal Florida lifestyle at a price that still makes sense. Four bedrooms, 2.5 bathrooms, and 2,162 square feet of open, airy living space — with high ceilings, a wood-burning fireplace, and a split-bedroom layout built for real life. Outside is where this property separates itself. A private boat ramp with canal access toward the Gulf of Mexico, a waterfront fire pit, screened retreat, wraparound porches, and a private deck all on a lot large enough to accommodate boat parking, RV parking, and every vehicle in the family. The lower level adds serious flexibility: dual garages plus a bonus space with its own private entrance, ready to serve as a guest suite, in-law quarters, home office, or income-producing rental. Minutes from Downtown New Port Richey, waterfront dining, marinas, and US-19 with easy connectivity to Tampa and Clearwater.

Location

Details

Type:
Residential
Parking:
Bath In Garage / Driveway / Ground Level / Guest / RV Parking / Split Garage / Under Building / Workshop in Garage
Year Built:
2001
Lot:
0.48 Acres
Heating:
Central / Electric
Price/sqft:
$220
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$510,000
$232K – $579K
Confidence Low
List vs. estimate
$35K below estimate
List $475,000 · -6.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$219
+5.6% vs. city median $208
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,560
2024
View
Trees/Woods, Water
Waterfront
Bay/Harbor Front, Canal Front
Garage
4 car garage
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Freezer

    • Microwave

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(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)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Bath In Garage

    • Driveway

    • Ground Level

    • Guest

    • RV Parking

    • Split Garage

    • Under Building

    • Workshop in Garage

    Property

    • Levels: Two

    • Exterior Features: Fire Pit / French Doors / Other / Private Entrance / Private Yard / Sidewalk / Sliding Doors

    Lot

    • Lot: 0.48 Acres

    Other Property Information

    • Parcel Number: 162529005.0000.00015.0

    • Zoning: R1

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Fiber Optics

    • Public

    • Street Lights

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,561

  • Source details

    • MLS ID: TB8459057

    Other facts

    • Construction Materials: Block / Vinyl Siding / Wood Frame

    • Foundation Details: Slab / Stilt/On Piling

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Electric Dryer Hookup / Inside / Laundry Room / Washer Hookup

    • Lot Features: Cleared / Near Golf Course / Near Marina / Near Public Transit / Sidewalk / Unincorporated

    • Patio And Porch Features: Deck / Front Porch / Patio / Porch / Rear Porch / Screened

    • Direction Faces: South

    • Architectural Style: Key West

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2162

    • Water Source: Private

    • Subdivision Name: MARTHAS VINEYARD

Private inquiry
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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: REAL BROKER, LLC