Price Reduced 9.08%
Price History
$549,945
12/26/2025
$539,000
1/9/2026
$529,500
1/19/2026
$524,500
2/13/2026
$514,415
3/10/2026
$509,905
4/30/2026
$499,994
5/13/2026
5127 BAY BOULEVARD, Port Richey, FL, 34668
7 rooms
4 beds
2 Full / 1 Half baths
2001
Key West
2,162 sqft
5127 Bay Blvd, Port Richey, FL 34668 Waterfront Home with Canal Access • 4BR/2.5BA • 0.48 Acres Some homes offer a view. This one offers a life. Set along a private saltwater canal in the Martha’s Vineyard waterfront community of Port Richey, Florida, this Key West-style home delivers the coastal lifestyle Pasco County buyers have been searching for. With 4 bedrooms, 2 full bathrooms, 1 half bath, and 2,162 square feet of living space on a rare 0.48-acre lot, 5127 Bay Blvd is one of the most versatile waterfront properties available in the New Port Richey and Port Richey area. The Property & Outdoor Space Nearly half an acre of Florida waterfront is the foundation here, and every inch is usable. Expansive porches, a screened retreat, a private deck, and a waterfront fire pit create an outdoor living and entertaining experience that is scarce. The oversized lot accommodates boat parking, RV parking, and multiple vehicles with ease. A private boat ramp provides direct water access for kayaks, paddleboards, canoes, and small watercraft, with canal connectivity leading toward the Gulf of Mexico. Inside the Home Soaring high ceilings, an open floor plan, and a split-bedroom layout create a bright, airy atmosphere throughout. Tile and laminate flooring flow seamlessly across the main living areas, and a wood-burning fireplace adds warmth and character. The layout supports comfortable everyday living, multi-generational arrangements, or flexible guest accommodations. Bonus Space & Garage The lower level features dual garages and a bonus flex space with its own private entrance — ideal as a guest suite, in-law quarters, home office, home gym, or short-term rental opportunity. Location Located in Port Richey’s Martha’s Vineyard waterfront community, this home is minutes from marinas, waterfront dining, parks, shopping, and the restaurants and nightlife of Downtown New Port Richey. Easy access to US-19 and the Suncoast Parkway connects you to Tampa, Clearwater, and beyond. Who This Home Is For This property is the right fit for buyers searching for: • A waterfront home in Pasco County with small craft canal access • A canal home in Port Richey with kayak, paddleboard, or small boat access • A Gulf-area property with RV parking, boat parking, and an oversized lot • A Key West-style Florida home with outdoor entertaining space • A multi-generational home with flex space and private entrance • A vacation home or investment property near the Gulf of Mexico If you’ve been searching for a waterfront home in Port Richey, a Florida coastal property with land and flexibility, or a lifestyle upgrade on the water, 5127 Bay Blvd is the one worth seeing.
Status:
Active
Type:
Single-family residential
Furnished Remarks:
Negotiable
Laundry Remarks:
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Subdivision:
MARTHAS VINEYARD
Garage:
4-car Bath In Garage, Driveway, Ground Level, Guest, RV Parking, Split Garage, Under Building, Workshop in Garage
Heating:
Central, Electric
Cooling:
Central Air
Levels:
1
Acreage:
0.48
Est. Taxes:
$4,561
Construction
Block, Vinyl Siding, Wood Frame
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Fiber Optics, Public, Street Lights, Water Available, Water Connected
Lot Description:
Cleared, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Unincorporated
View Description:
Trees/Woods, Water
Waterfront:
Yes
Elementary School:
Richey Elementary School
Middle School:
Chasco Middle-PO
High School:
Gulf High-PO
Days on Market:
138
Pet Policy:
Cats OK, Dogs OK, Yes
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Min Lease Term:
No Minimum
MLS #:
TB8459057
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Real Broker, LLC 855-450-0442