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$230,000
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Property Description
SELLER FINANCING available with 10% down, 6% interest and a 5 yr baloon. Beautiful Waterfront 2-Bedroom Condo with Wrap-Around Balcony & Airbnb Potential. Welcome to this spacious and beautifully decorated 2-bedroom, 2-bathroom condo located on a serene saltwater canal with access to boat slips. While this unit does not come with a deeded slip, there are often slips available for sale or rent - a great option if waterfront living and boating are part of your lifestyle. Boasting over 1,400 square feet of living space, this condo offers a light and airy feel with three sets of sliding glass doors that open onto a screened wrap-around balcony-perfect for enjoying both sunrise and sunset views. Inside, you'll find an open and generously sized living and dining area, plus a modern kitchen featuring: Beautiful laminate flooring, Granite countertops, Stainless steel refrigerator and dishwasher, Ample cabinetry and eat-in space. The split-bedroom layout offers privacy, with the primary suite featuring: King-size bed, Dual vanity bathroom with separate tub and shower, Walk-in closet, Private sliding door to the balcony. Additional features include a full-size laundry room with washer and dryer, and the condo comes fully furnished if desired. Plus, short-term rentals (e.g., Airbnb) are allowed, making this an excellent investment opportunity. Located on the first floor above the parking garage, the unit provides both convenience and security. Owners enjoy covered parking in the garage with one reserved space, along with additional guest parking outside. The Community offers 2 pools, community boat ramp, tennis and pickle ball courts. Monthly fees include internet, basic cable, sewer, trash, pest control, exterior maintenance, roof repair and more. Community has access to Gulf Harbors private beach also for an optional fee of $200 per year . Don't miss your chance to own this stunning waterfront condo in a desirable community - ideal for full-time living, a vacation getaway, or an income-producing rental! Seller will do owner financing with a 5 year balloon with 20% down; fed rate or lower. Owner will assist with buyer's closing costs!!! Also, listed as a seasonal rental. Typical Peak Season Rental Rates for Jan - April is $3500 - $4,000 per month
Full Property Details
Full Property Details for 5557 Sea Forest Dr #118
General
- Sold For: $230,000
- HOA FEE: $895/month
- Taxes: $4,044 (2024)
- Status: Closed
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: TB8415288
- Added to Site: 427 day(s) ago
Rental Information
- Min. Lease: 2 Weeks
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Furnishings: Negotiable
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Inside, Laundry Room
Additional Information
- Shared Amenities: Cable TV, Clubhouse, Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub
Exterior
- Exterior Features: Balcony, Sliding Doors
- Deck/Patio: Covered, Enclosed, Screened, Wrap Around
- Porch/Patio/Deck: Covered, Enclosed, Screened, Wrap Around
Parking
- Parking Features: Covered, Guest, Reserved
Location
- Area: 34652 - New Port Richey
- County: Pasco
- Development Name: 34652 - New Port Richey
- Subdivision: HEATHER COVE NEW PORT
- Driving Directions: From US 19 go west on Marine Parkway, take a right on Sea Forest Dr, then left into Heather Cove. There's guest parking by the pool. Building 5557.
- Direction Faces: North
Community
- Community Name: 34652 - New Port Richey
- Community Features: Canal Front, Community Boat Ramp, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation - Owned, Clubhouse, Deed Restrictions, Pool
- Optional Amenities: Cable TV, Clubhouse, Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub
- Assoc. Name: Qualified Property Management
- Assoc. Fees Include: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
- Number of Pets: 1
- Pet Restrictions: 25lbs.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: BB/HS Internet Available, Cable Connected, Sewer Connected, Street Lights, Water Connected
Structural Information
- Architectural Info: Elevated, Florida
- Architectural Style: Elevated, Florida
- Exterior Const.: Block, Concrete, HardiPlank Type
- Roof: Shingle
- Windows: Blinds, Window Treatments
- Stories/Levels: One
- Square Feet: 1,410
- Sq. Ft. Source: Public Records
- Living Area: 1,410 Sq. Ft.
- Year Built: 1988
Lot Features
- Property View: Trees/Woods, Water
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 799
- Lot Size: 799
- Street/Road Desc.: Asphalt
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Canal - Saltwater
- Water Extras: Yes
- Water Front Desc.: Canal Front, Waterfront, Saltwater Canal
Financial Considerations
- Condo Fee: $895
- Condo Fee Freq: Monthly
- Tax Amount: $4,044
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: HEATHER COVE OF NEW PORT RICHEY PHASE 2 A CONDO CB 4 PGS 59-73 UNIT 118 & COMMON ELEMENTS & BOAT SLIP B-11 PER OR 4965 PG 1700 OR 9120 PG 3815
- Flood Zone Info: AE
- APN: 162607007.A000.00118.0
- Property ID: 162607007.A000.00118.0
Listed and Sold by Re/Max Realtec Group Inc
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Schools
Schools serving 5557 Sea Forest Dr #118
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Richey Elementary School 6850 Adams Street, New Port Richey, FL 34652 | K-5 | 1.6 mi |
Gulf Middle School, New Port Richey, FL 6419 Louisiana Avenue, New Port Richey, FL 34653 | 6-8 | 1.6 mi |
Gulf High School 5355 School Road, New Port Richey, FL 34652 | 9-12 | 1.1 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 5557 Sea Forest Dr #118
Date
Details
Price
Change
Source
9/15/2026
Sold
$230,000
-6.08%
MLS
6/22/2026
Price Reduced
$244,900
-2%
MLS
3/24/2026
Price Reduced
$249,900
-3.85%
MLS
10/21/2025
Price Reduced
$259,900
-1.92%
MLS
8/08/2025
Listed
$265,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5557 Sea Forest Drive #118, New Port Richey, FL 34652 (MLS# TB8415288) is a Condo property that was sold at $230,000 on September 15, 2026. Want to learn more about 5557 Sea Forest Drive #118? Do you have questions about finding other Condo 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.

