5531 MANATEE POINT DRIVE

House For Sale

$875,000

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ETH: 345.78146611

24 days

Waterfront

For Sale

House

5 bds •

3 ba •

3,258 sqft

Overview

Virtually Staged. UNIQUE WATERFRONT RETREAT WITH GULF ACCESS & INCREDIBLE INCOME POTENTIAL! Discover a truly special waterfront property on the Cottee River, where BREATHTAKING WATER VIEWS and an unbeatable location create the perfect Florida lifestyle. With the Gulf just approximately 10 minutes away by boat, this spacious 5-bedroom, 3-bath home offers incredible flexibility for a primary residence, vacation rental, multi-generational living, or income-producing investment. Originally constructed in 1961, the home has been thoughtfully updated and expanded to accommodate entertaining and modern living. Upstairs, you'll find a massive primary suite plus 2 additional rooms that could easily serve as a 6th bedroom, office, studio, or flex space. The upstairs living area also features a private entrance, creating the opportunity to rent it separately or transform the space into an in-law suite or guest apartment. The possibilities are truly endless! Step outside and enjoy spectacular, unobstructed water views from the approximately 43-foot upstairs deck. The expansive outdoor living space continues with a huge pool, concrete seawall, dock, and boat lift—everything you need to embrace the Florida waterfront lifestyle. Whether you're boating to the Gulf, relaxing poolside, entertaining friends, or simply watching the sunset over the water, this property delivers. Major improvements include new HVAC and water heater in 2024, and two new breaker boxes, a complete new kitchen, roof, hurricane windows, sliders, and vinyl laminate plank flooring on the main level in 2025. With exceptional Gulf access, versatile living spaces, extensive updates, and outstanding rental potential, this is much more than a home—it’s an opportunity. Must see to fully appreciate all this unique waterfront property has to offer! Enjoy all that the revitalized downtown has to offer!

Location

Florida • NEW PORT RICHEY • 34652 • House • For Sale • Waterfront

Details

Type:

Residential

Parking:

Garage Door Opener / Oversized

Year Built:

1961

Lot:

0.15 Acres

Heating:

Central / Electric

Price/sqft:

$269

Cooling:

Central Air

HOA:

No Data

Type:

Residential

Parking:

Garage Door Opener / Oversized

Year Built:

1961

Lot:

0.15 Acres

Heating:

Central / Electric

Price/sqft:

$269

Cooling:

Central Air

HOA:

No Data

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.

Highlights

Annual tax

$5,064

2025

Pool

Gunite

View

Water

Waterfront

River Front

Garage

1 car garage

All facts and features

Flooring

• Carpet

• Laminate

• Luxury Vinyl

• Tile

Heating

• Central

• Electric

Cooling

• Central Air

Appliances

• Dishwasher

• Disposal

• Electric Water Heater

• Microwave

• Range

• Refrigerator

Other interior features

• Ceiling Fan(s)

• Eating Space In Kitchen

• Open Floorplan

• PrimaryBedroom Upstairs

• Skylight(s)

• Solid Surface Counters

• Split Bedroom

• Walk-In Closet(s)

Bedrooms and bathrooms

• Bedrooms: 5

• Full bathrooms: 3
Parking

• Garage Door Opener

• Oversized

Property

• Levels: Two

• Pool Private: Yes

• Exterior Features: Outdoor Shower / Private Entrance / Private Mailbox / Private Yard / Rain Gutters / Sliding Doors

Lot

• Lot: 0.15 Acres

Other Property Information

• Parcel Number: 162532042.0000.0004A.0

• Zoning: R1
Type and style

• Property Type: Residential

• Property Sub Type: Single Family Residence
Utility

• Cable Available

• Electricity Connected

• Public

• Sewer Connected

• Street Lights

• Water Connected
Other financial information

• Annual tax amount: $5,065
Source details

• MLS ID: W7888443

Other facts

• Construction Materials: Block / Stucco / Wood Frame

• Foundation Details: Slab

• Laundry Features: Laundry Room

• Lot Features: Cul-De-Sac / Flood Insurance Required / FloodZone / City Lot / In County

• Patio And Porch Features: Covered / Deck / Enclosed / Porch / Rear Porch / Screened

• Pool Features: Gunite / In Ground / Outside Bath Access

• Direction Faces: Northwest

• Waterfront: Yes

• Water Body Name: PITHLACHASCOTEE RIVER (COTEE)

• Garage Spaces: 1

• Attached Garage: Yes

• Garage: Yes

• Living Area: 3258

• Water Source: Public

• Lot Size Dimensions: 218 x 61 x 37

• Subdivision Name: SUNSET POINT ADD

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: BHHS FLORIDA PROPERTIES GROUP

5531 MANATEE POINT DRIVE

Overview

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Details

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Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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