
5557 Sea Forest Dr Unit 118 New Port Richey, FL 34652
New Port Richey West NeighborhoodEstimated payment $2,773/month
Highlights
- Main Floor Primary Bedroom
- Granite Countertops
- Formal Dining Room
- Great Room
- Community Pool
- Balcony
About This Home
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 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!
Listing Agent
RE/MAX REALTEC GROUP INC Brokerage Phone: 727-789-5555 License #3176576 Listed on: 08/08/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,044
Year Built
- Built in 1988
HOA Fees
Parking
- Covered Parking
Home Design
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
- HardiePlank Type
Interior Spaces
- 1,410 Sq Ft Home
- 3-Story Property
- Shelving
- Crown Molding
- Ceiling Fan
- Window Treatments
- Great Room
- Family Room
- Formal Dining Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Balcony
- North Facing Home
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 118
- Assessor Parcel Number 16-26-07-007.A-000.00-118.0
Community Details
Overview
- Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance, sewer, trash, water
- Extreme Management Team Association
- Visit Association Website
- Heather Cove New Port Subdivision
Recreation
- Community Pool
Pet Policy
- Pets up to 25 lbs
- Pet Size Limit
- 1 Pet Allowed
- Dogs and Cats Allowed
Map
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 | $4,044 | $260,643 | $9,199 | $251,444 |
2023 | $3,589 | $189,890 | $0 | $0 |
2022 | $3,031 | $197,517 | $9,199 | $188,318 |
2021 | $2,741 | $167,455 | $9,199 | $158,256 |
2020 | $2,609 | $169,898 | $9,199 | $160,699 |
2019 | $2,402 | $153,563 | $9,199 | $144,364 |
2018 | $2,215 | $141,535 | $9,199 | $132,336 |
2017 | $1,933 | $108,357 | $9,199 | $99,158 |
2016 | $1,944 | $109,831 | $9,199 | $100,632 |
2015 | $2,008 | $111,304 | $9,199 | $102,105 |
2014 | $1,700 | $112,778 | $9,199 | $103,579 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/08/2025 08/08/25 | For Rent | $2,500 | 0.0% | -- |
08/08/2025 08/08/25 | For Sale | $265,000 | +76.7% | $188 / Sq Ft |
08/17/2018 08/17/18 | Off Market | $150,000 | -- | -- |
12/05/2014 12/05/14 | Sold | $150,000 | -1.6% | $106 / Sq Ft |
11/01/2014 11/01/14 | Pending | -- | -- | -- |
10/04/2014 10/04/14 | Price Changed | $152,500 | -3.2% | $108 / Sq Ft |
07/05/2014 07/05/14 | For Sale | $157,500 | -- | $112 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $150,000 | Master Title Service Inc | |
Warranty Deed | $125,000 | -- | |
Warranty Deed | $86,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $96,942 | Fannie Mae Freddie Mac | |
Previous Owner | $16,000 | Credit Line Revolving | |
Previous Owner | $100,000 | New Conventional |
Similar Homes in New Port Richey, FL
Source: Stellar MLS
MLS Number: TB8415288

APN: 07-26-16-007A-00000-1180
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