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5127 BAY BOULEVARD

House For Sale
$499,994

BTC: 7.93641270

ETH: 286.36540664

-$50K (2026/05/13)
160 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 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.

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:
$231
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$522,497
$232K – $579K
Confidence Low
List vs. estimate
$22K below estimate
List $499,994 · -4.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$231
+7.9% vs. city median $214
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

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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