5557 Sea Forest Dr Unit 118 New Port Richey, FL 34652
New Port Richey West NeighborhoodEstimated payment $2,725/month
Highlights
- 100 Feet of Canal Waterfront
- Boat Ramp
- Clubhouse
- Water Views
- Property is near a marina
- Florida Architecture
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! Seller will do owner financing with a 5 year balloon with 20% down; rate negotiable. Owner will assist with buyer's closing costs!!!
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
Lot Details
- 100 Feet of Canal Waterfront
- Property fronts a saltwater canal
- North Facing Home
HOA Fees
Property Views
- Water
- Woods
Home Design
- Florida Architecture
- Elevated Home
- Entry on the 1st floor
- 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
- Blinds
- Sliding Doors
- 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
Parking
- Covered Parking
- Guest Parking
- Reserved Parking
Outdoor Features
- Property is near a marina
- Access to Saltwater Canal
- Seawall
- Boat Ramp
- Balcony
- Wrap Around Porch
- Screened Patio
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- High Speed Internet
- Cable TV Available
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 cable TV, pool, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, recreational facilities, sewer, trash, water
- $17 Other Monthly Fees
- Extreme Management Team Association
- Visit Association Website
- Mid-Rise Condominium
- Heather Cove New Port Subdivision
- Association Owns Recreation Facilities
- The community has rules related to deed restrictions
Amenities
- Clubhouse
- Elevator
Recreation
- Recreation Facilities
- Community Pool
- Community Spa
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 | $16,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | New Conventional |
Source: Stellar MLS
MLS Number: TB8415288
APN: 07-26-16-007A-00000-1180
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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