$64,000
SOLD AUG 29, 2025

5541 Bay Blvd Unit 405 Port Richey, FL 34668

1 Bed
1 Bath
547 Sq Ft
$263/mo HOA Fee

Recently Sold

$117 Per Sq Ft

2% Below List Price

41 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Balcony
  • Florida Architecture
  • Enclosed Patio or Porch
  • Living Room

About This Home

As of August 2025

Excellent Investment Opportunity – Turnkey 1BR/1BA Condo with Long-Term Tenant in Place. Investor-friendly and move-in ready! This charming 1-bedroom, 1-bathroom condo offers immediate rental income with a tenant secured through April 2026. Located in a well-maintained community with low HOA fees, this fully furnished unit is the definition of hassle-free ownership. Unit offers updated flooring, freshly painted, and new HVAC/Water Heater. Enjoy a screened-in patio with a private storage closet—perfect for extra convenience. The community features on-site laundry facilities, a sparkling pool, and is ideally situated near scenic waterfront parks, shopping centers, and popular dining spots. Whether you're expanding your portfolio or stepping into real estate investing, this property delivers on value, location, and long-term potential. *Units 310, 405, 410, 204, and 303 are all available - Seller Financing Option may also be available on package purchase*

Last Agent to Sell the Property

Alex Antonakos

QUICKSILVER REAL ESTATE GROUP Brokerage Phone: 813-288-0300 License #3261432 Listed on: 06/19/2025

QUICKSILVER REAL ESTATE GROUP

Co-Listed By

Erica Antonakos

QUICKSILVER REAL ESTATE GROUP Brokerage Phone: 813-288-0300 License #3301992

QUICKSILVER REAL ESTATE GROUP

Last Buyer's Agent

Erica Antonakos

QUICKSILVER REAL ESTATE GROUP Brokerage Phone: 813-288-0300 License #3301992

QUICKSILVER REAL ESTATE GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1980

Lot Details

  • Northeast Facing Home
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 547 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Living Room
  • Dining Room
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Single Vanity
  • Shower Only

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Storage

Schools

  • Richey Elementary School
  • Chasco Middle School
  • Gulf High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, sewer, trash, water
  • Qualified Property Management/ Robert Association, Phone Number (727) 869-9700
  • Visit Association Website
  • Mid-Rise Condominium
  • Royal Richey Village Condo 02 Subdivision
  • The community has rules related to deed restrictions
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,015

Year Built

Built in 1980

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 547
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 547
  • Lot Size Sq Ft: 9598
  • Directions to Property: U.S. Hwy 19 N, Head West onto Bay Blvd, Turn right onto Calhoun St, Building is on the Left, Park in front of the building, front entry Door to the building is on the Right side.
  • Status: Sold
  • Co List Office Mls Id: MFR776277
  • Co List Office Phone: 813-288-0300
  • Ownership: Condominium
  • Available for Lease YN: 1
  • Escrow City: Saint Petersburg
  • Escrow Postal Code: 33712
  • Escrow State: FL
  • Escrow Street Name: 1st ave S
  • Escrow Street Number: 2931
  • Floor Number: 4
  • List Office Head Office Key Nume: 1056515
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 117.00
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Mid Rise
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 813-288-0300
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Thermostat, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 5
  • Street Number Modifier: 5541
  • Living Area Meters: 50.82
  • Room Count: 5

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Storage
  • Pool Features: Gunite, In Ground
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2020-06-05
  • Flood Zone Panel: 12101C0188G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Pool, Sidewalks
  • Association Fee: 263
  • Association Fee Frequency: Monthly
  • Association Name: Qualified Property Management/ Robert
  • Phone: 727-869-9700
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: ROYAL RICHEY 2
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: robert@qualifiedproperty.com
  • Association URL: www.qualifiedproperty.com

Fee Information

  • Total Annual Fees: 3156.00
  • Total Monthly Fees: 263.00
  • Monthly HOA Amount: 263.00

Schools

  • Elementary School: Richey Elementary School
  • High School: Gulf High-PO
  • Middle Or Junior School: Chasco Middle-PO

Lot Info

  • Zoning: R1
  • Parcel Number: 29-25-16-078A-00C00-4050
  • Additional Parcels: No
  • Lot Features: Cleared, Level, Sidewalk, Paved
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 892

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Furnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: All lease restrictions are to be verified by the buyer's agent.
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1015
  • Tax Block: 0
  • Tax Book Number: 18-128-133
  • Tax Lot: 410

Multi Family

  • Approval Process: Lease agreements are subject to association approval, which includes a brief interview with the HOA board. Written approval is required. Short-term rentals are not permitted; the minimum lease term is 90 days."
  • Currency Monthly Rent Amt: 1200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Guarino Jack and Guarino Marilyn
Bought by
Guarino Gioacchino George and Guarino Marilyn R

Purchase Details

Closed on
Oct 31, 2001
Sold by
Bryson Dewey L
Bought by
Guarino Jack and Guarino Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.74%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed $11,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $22,500 Credit Line Revolving
Closed $6,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $64,000 -1.5% $117 / Sq Ft
07/30/2025 07/30/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $64,999 0.0% $119 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $64,999 -- $119 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $1,015 $59,752 $7,500 $52,252
2023 $970 $34,890 $0 $0
2022 $771 $42,098 $7,500 $34,598
2021 $679 $32,295 $7,500 $24,795
2020 $645 $32,136 $7,500 $24,636
2019 $535 $23,837 $7,500 $16,337
2018 $505 $22,502 $7,500 $15,002
2017 $501 $22,755 $7,500 $15,255
2016 $479 $23,010 $7,500 $15,510
2015 $426 $17,959 $7,500 $10,459
2014 $420 $18,132 $7,500 $10,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8398117

Stellar MLS

APN: 29-25-16-078A-00C00-4050