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$875,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 3,258 Sq. Ft.
  • Updated 19 hours ago
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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!

Full Property Details for 5531 Manatee Point Dr

General

  • Price: $875,000
  • Taxes: $5,064 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: W7888443
  • Updated: 8/19/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 9
  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Open Floorplan, PrimaryBedroom Upstairs, Skylight(s), Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Laminate, Luxury Vinyl, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Gunite, In Ground, Outside Bath Access

Exterior

  • Exterior Features: Outdoor Shower, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors
  • Deck/Patio: Covered, Deck, Enclosed, Porch, Rear Porch, Screened
  • Porch/Patio/Deck: Covered, Deck, Enclosed, Porch, Rear Porch, Screened

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Garage Door Opener, Oversized

Location

  • Area: 34652 - New Port Richey
  • County: Pasco
  • Development Name: 34652 - New Port Richey
  • Subdivision: SUNSET POINT ADD
  • Driving Directions: Grand Blvd./ Manatee Point Dr./5531 Manatee Point will be on your right.
  • Direction Faces: Northwest

School Information

  • Elementary School: Richey Elementary School
  • Middle School: Gulf Middle-PO
  • High School: Gulf High-PO

Community

  • Community Name: 34652 - New Port Richey

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water District: PITHLACHASCOTEE RIVER (COTEE)
  • Water: Public
  • Utility Description: Cable TV Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco, Wood Frame
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 3,258
  • Sq. Ft. Source: Public Records
  • Year Built: 1961

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,480
  • Lot Size: 6480
  • Lot Dimensions: 218 x 61 x 37
  • Frontage: Street Paved
  • Street/Road Desc.: Paved
  • Fencing (Description): Vinyl

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Access: Yes
  • Water Access Desc: Canal - Saltwater, Gulf/Ocean, River
  • Water Extras: Yes
  • Water Front Name: PITHLACHASCOTEE RIVER (COTEE)
  • Water Front Desc.: River Front

Financial Considerations

  • Tax Amount: $5,064.95
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: SUNSET POINT ADDITION #3 PB 5 PG 68 LOT 4A OR 8677 PG 1360
  • Flood Zone Info: AE
  • APN: 162532042.0000.0004A.0
  • Property ID: 162532042.0000.0004A.0

Listed by Bhhs Florida Properties Group

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Listing agent

— 5531 Manatee Point Dr —

  • Bhhs Florida Properties Group

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5531 Manatee Point Dr

School District:Pasco County School District
NameGradesDistance
Richey Elementary School
6850 Adams Street, New Port Richey, FL 34652
K-50.8 mi
Gulf Middle School, New Port Richey, FL
6419 Louisiana Avenue, New Port Richey, FL 34653
6-81.7 mi
Gulf High School
5355 School Road, New Port Richey, FL 34652
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5531 Manatee Point Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/19/2026
Listed
$875,000
250%
MLS
3/28/2012
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5531 Manatee Point Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$610
-1%
$22,122
—
2024
$615
4%
$22,122
7%
2023
$592
14%
$20,704
12%
2021
$521
-7%
$18,554
-10%
2022
$558
7%
$20,704
22%
2021
$521
15%
$16,944
15%
2019
$454
-1%
$14,782
—
2018
$457
-1%
$14,782
—
2017
$463
30%
$14,782
—
2016
$356
-2%
$14,782
—
2015
$363
-1%
$14,782
—
2013
$367
—
$14,782
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Bhhs Florida Properties Group

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5531 Manatee Point Drive, New Port Richey, FL 34652 (MLS# W7888443) is a Single Family property with 5 bedrooms and 3 full bathrooms. 5531 Manatee Point Drive is currently listed for $875,000 and was received on August 19, 2026. Want to learn more about 5531 Manatee Point Drive? Do you have questions about finding other Single Family real estate for sale in New Port Richey? You can browse all New Port Richey real estate or contact a Coldwell Banker agent to request more information.

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