PENDING
$20K PRICE DROP
5153 Bay Blvd Port Richey, FL 34668
Estimated payment $2,162/month
Total Views
2,036
3
Beds
3
Baths
1,912
Sq Ft
$157
Price per Sq Ft
Highlights
- 148 Feet of Waterfront
- Above Ground Pool
- Vaulted Ceiling
- Access To Bayou
- Bayou View
- 4-minute walk to Oelsner Park
About This Home
Under contract-accepting backup offers. Short Sale. INVESTOR SPECIAL! Cash Only! NO SIGHT UNSEEN OFFERS! This waterfront home in Port Richey was unfortunately damaged by Hurricane Helene and has visible damage. It sits on a quiet bayou with mangrove views and direct kayak access from the backyard—manatees, dolphins, redfish, and all kinds of wildlife are regulars here. The neighborhood is golf cart–friendly and close to local restaurants, bars, and parks. Roof 2024 Prior to Hurricane. The oversized primary bedroom has its own private balcony overlooking the canal and above ground pool, and there's a large screened-in patio below for outdoor living. Some features already in place include newer hurricane-rated windows downstairs, smooth ceilings, updated doors, newer kitchen lighting and backsplash, and a built-in pantry. Upstairs has newer carpet, a renovated bath with a barn door, and a new water heater. TREX decking was used on the upper balcony and back pool area. Outside you'll find newer sod, flower beds, full landscaping, a third gravel driveway, and all-new gutters with guards. The fenced backyard includes a pool deck, covered gazebo bar, and BBQ area—all with TREX composite decking. The home needs work, but the location and layout offer a ton of upside for someone ready to bring it back to life. Before and after photos attached. Zoned A/C 2002 & 2015. Water Heaters 2023 & 2022.
Listing Agent
COMPASS FLORIDA LLC Brokerage Phone: 727-339-7902 License #3292274 Listed on: 04/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,483
Year Built
- Built in 1972
Lot Details
- 0.26 Acre Lot
- 148 Feet of Waterfront
- 74 Feet of Salt Water Canal Waterfront
- 74 Feet of Bayou Waterfront
- Property fronts a saltwater canal
- East Facing Home
- Chain Link Fence
- Mature Landscaping
- Oversized Lot
- Landscaped with Trees
- Property is zoned R1
Parking
- 1 Car Attached Garage
- Parking Pad
- Oversized Parking
- Driveway
Property Views
- Bayou
- Canal
Home Design
- Traditional Architecture
- Bi-Level Home
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,912 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Family Room Off Kitchen
- Combination Dining and Living Room
- Storm Windows
- Laundry in Garage
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Microwave
- Solid Wood Cabinet
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Bathtub with Shower
- Shower Only
Pool
- Above Ground Pool
- Vinyl Pool
- Above Ground Spa
Outdoor Features
- Fixed Bridges
- Access To Bayou
- Access to Saltwater Canal
- Enclosed Patio or Porch
Location
- Flood Zone Lot
- Flood Insurance May Be Required
Schools
- Richey Elementary School
- Chasco Middle School
- Gulf High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Marthas Vineyard Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 12
- Assessor Parcel Number 29-25-16-0050-00000-0120
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,551 | $352,690 | -- | -- |
| 2023 | $6,484 | $342,420 | $0 | $0 |
| 2022 | $5,929 | $331,598 | $52,429 | $279,169 |
| 2021 | $1,303 | $102,210 | $51,547 | $50,663 |
| 2020 | $1,291 | $100,800 | $43,047 | $57,753 |
| 2019 | $1,201 | $98,540 | $0 | $0 |
| 2018 | $1,166 | $96,707 | $0 | $0 |
| 2017 | $1,144 | $96,707 | $0 | $0 |
| 2016 | $1,117 | $92,770 | $0 | $0 |
| 2015 | $1,127 | $92,125 | $0 | $0 |
| 2014 | $1,091 | $122,972 | $35,847 | $87,125 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 05/12/2025 05/12/25 | Price Changed | $299,950 | -6.3% | $157 / Sq Ft |
| 04/24/2025 04/24/25 | For Sale | $319,950 | -10.1% | $167 / Sq Ft |
| 10/28/2021 10/28/21 | Sold | $356,000 | -3.8% | $186 / Sq Ft |
| 09/11/2021 09/11/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | Price Changed | $369,900 | -2.6% | $193 / Sq Ft |
| 07/19/2021 07/19/21 | Price Changed | $379,900 | -2.6% | $199 / Sq Ft |
| 06/13/2021 06/13/21 | For Sale | $390,000 | -- | $204 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $356,000 | First American Title Ins Co | |
| Warranty Deed | $100,000 | -- | |
| Warranty Deed | $72,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $459,910 | FHA | |
| Closed | $337,250 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $71,370 | FHA |
Source: Public Records
Similar Homes in the area
Source: Stellar MLS
MLS Number: TB8375921
APN: 29-25-16-0050-00000-0120
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