There are multiple listings for this address:
Under contract-accepting backup offers. 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
Property Details
Price:
$244,900
MLS #:
TB8415288
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
HEATHER COVE NEW PORT
Neighborhood:
34652newportrichey
Listed Date:
Aug 8, 2025
Finished Sq Ft:
1,410
Total Sq Ft:
1,410
Lot Size:
799 sqft / 0.02 acres (approx)
Year Built:
1988
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Laminate, Tile
Heating
Central, Electric, Heat Pump
Interior Features
Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Room
Levels
One
Exterior
Architectural Style
Elevated, Florida
Association Amenities
Cable TV, Clubhouse, Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub
Community Features
Canal Front, Community Boat Ramp, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation – Owned, Clubhouse, Deed Restrictions, Pool
Construction Materials
Block, Concrete, HardiPlank Type
Direction Faces
North
Exterior Features
Balcony, Sliding Doors
Lot Features
Near Marina
Parking Features
Covered, Guest, Reserved
Patio And Porch Features
Covered, Enclosed, Screened, Wrap Around
Roof
Shingle
View
Trees/Woods, Water
Waterfront Features
Canal Front, Waterfront, Canal – Saltwater
Window Features
Blinds, Window Treatments
Financial
HOA Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
HOA Name
Qualified Property Management
HOA Phone
Tony
Tax Year
2024
Taxes
$4,044
Map
Community
- Address5557 SEA FOREST DRIVE UNIT 118 NEW PORT RICHEY FL
- SubdivisionHEATHER COVE NEW PORT
- CityNEW PORT RICHEY
- CountyPasco
- Zip Code34652
Subdivisions in NEW PORT RICHEY
Market Summary
Current real estate data for Condo in NEW PORT RICHEY as of Aug 29, 2026
271
Condo Listed
161
Avg DOM
162
Avg $ / SqFt
$180,792
Avg List Price
Property Summary
- Located in the HEATHER COVE NEW PORT subdivision, 5557 SEA FOREST DRIVE UNIT 118 NEW PORT RICHEY FL is a Condo for sale in NEW PORT RICHEY, FL, 34652. It is listed for $244,900 and features 2 beds, 2 baths, and has approximately 1,410 square feet of living space, and was originally constructed in 1988. The current price per square foot is $174. The average price per square foot for Condo listings in NEW PORT RICHEY is $162. The average listing price for Condo in NEW PORT RICHEY is $180,792. To schedule a showing of MLS#tb8415288 at 5557 SEA FOREST DRIVE UNIT 118 in NEW PORT RICHEY, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
Similar Listings Nearby
Courtesy of RE/MAX REALTEC GROUP INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than InvestPro Properties, Inc. include the name of the listing broker. Neither the listing company nor InvestPro Properties, Inc. shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5557 SEA FOREST DRIVE UNIT 118
NEW PORT RICHEY, FL
Under contract-accepting backup offers. 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
Property Details
Price:
$2,450
MLS #:
TB8415726
Status:
Active
Beds:
2
Baths:
2
Type:
Rental
Subtype:
Condominium
Subdivision:
HEATHER COVE NEW PORT
Neighborhood:
34652newportrichey
Listed Date:
Aug 8, 2025
Finished Sq Ft:
1,410
Total Sq Ft:
1,410
Lot Size:
799 sqft / 0.02 acres (approx)
Year Built:
1988
See this Listing
Schools
Interior
Appliances
Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Carpet, Laminate, Tile
Heating
Central, Electric, Heat Pump
Interior Features
Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
Laundry Features
Inside, Laundry Room
Levels
One
Exterior
Architectural Style
Elevated, Florida
Association Amenities
Cable TV, Clubhouse, Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub
Community Features
Canal Front, Community Boat Ramp, Dock, Fishing, Intracoastal Waterway, Water Access, Waterfront, Association Recreation – Owned, Clubhouse, Deed Restrictions, Pool
Construction Materials
Block, Concrete, HardiPlank Type
Direction Faces
North
Exterior Features
Balcony, Sliding Doors
Lot Features
Near Marina
Parking Features
Covered, Guest, Reserved
Patio And Porch Features
Covered, Enclosed, Screened, Wrap Around
Roof
Shingle
View
Trees/Woods, Water
Waterfront Features
Canal Front, Waterfront, Canal – Saltwater
Window Features
Blinds, Window Treatments
Financial
HOA Includes
Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
HOA Name
Qualified Property Management
HOA Phone
Tony
Tax Year
2024
Taxes
$4,044
Map
Community
- Address5557 SEA FOREST DRIVE UNIT 118 NEW PORT RICHEY FL
- SubdivisionHEATHER COVE NEW PORT
- CityNEW PORT RICHEY
- CountyPasco
- Zip Code34652
Subdivisions in NEW PORT RICHEY
Market Summary
Current real estate data for Rental in NEW PORT RICHEY as of Aug 29, 2026
271
Rental Listed
161
Avg DOM
162
Avg $ / SqFt
$180,792
Avg List Price
Property Summary
- Located in the HEATHER COVE NEW PORT subdivision, 5557 SEA FOREST DRIVE UNIT 118 NEW PORT RICHEY FL is a Rental for sale in NEW PORT RICHEY, FL, 34652. It is listed for $2,450 To schedule a showing of MLS#tb8415726 at 5557 SEA FOREST DRIVE UNIT 118 in NEW PORT RICHEY, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.
