5531 Manatee Point Drive, New Port Richey, FL 34652 (MLS # W7888443)

PRICE $875,000 dsIDX morgage calculator
BEDS 5
BATHS 3
HOME SIZE 3,258 sqft
LOT SIZE 6,534 sqft

Virtually Staged. UNIQUE WATERFRONT RETREAT WITH GULF ACCESS & INCREDIBLE INCOME POTENTIAL! Discover a truly special waterfront property on the Cottee River, where BREATHTAKING WATER VIEWS and an unbeatable location create the perfect Florida lifestyle. With the Gulf just approximately 10 minutes away by boat, this spacious 5-bedroom, 3-bath home offers incredible flexibility for a primary residence, vacation rental, multi-generational living, or income-producing investment. Originally constructed in 1961, the home has been thoughtfully updated and expanded to accommodate entertaining and modern living. Upstairs, you'll find a massive primary suite plus 2 additional rooms that could easily serve as a 6th bedroom, office, studio, or flex space. The upstairs living area also features a private entrance, creating the opportunity to rent it separately or transform the space into an in-law suite or guest apartment. The possibilities are truly endless! Step outside and enjoy spectacular, unobstructed water views from the approximately 43-foot upstairs deck. The expansive outdoor living space continues with a huge pool, concrete seawall, dock, and boat lift"”everything you need to embrace the Florida waterfront lifestyle. Whether you're boating to the Gulf, relaxing poolside, entertaining friends, or simply watching the sunset over the water, this property delivers. Major improvements include new HVAC and water heater in 2024, and two new breaker boxes, a complete new kitchen, roof, hurricane windows, sliders, and vinyl laminate plank flooring on the main level in 2025. With exceptional Gulf access, versatile living spaces, extensive updates, and outstanding rental potential, this is much more than a home"”it's an opportunity. Must see to fully appreciate all this unique waterfront property has to offer! Enjoy all that the revitalized downtown has to offer!

DAYS ON MARKET 3 LAST UPDATED 8/19/2026
TRACT SUNSET POINT ADD YEAR BUILT 1961
COMMUNITY 34652 - New Port Richey GARAGE SPACES 1.0
COUNTY Pasco STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Richey Elementary School
Jr. High School Gulf Middle-PO
High School Gulf High-PO


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
AREA 34652 - New Port Richey
CONSTRUCTION Block, Frame, Stucco
EXTERIOR Dock, Outdoor Shower, Private Entrance, Private Yard, Rain Gutters
GARAGE Yes
HEAT Central, Electric
INTERIOR Eat-in Kitchen, In-Law Floorplan, Open Floorplan, Walk-In Closet(s)
LOT 6534 sq ft
LOT DESCRIPTION Cul-de-sac, Paved, Waterfront
LOT DIMENSIONS 218 x61x37
PARKING Garage Door Opener, Oversized, Attached
POOL Yes
POOL DESCRIPTION Gunite, In Ground, Private
SEWER Public Sewer
STORIES 2
SUBDIVISION SUNSET POINT ADD
TAXES 5064.95
UTILITIES Cable Available, Electricity Connected, Sewer Connected, Water Connected
VIEW Yes
VIEW DESCRIPTION River, Water
WATER Public
WATER ACCESS PITHLACHASCOTEE RIVER (COTEE)
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front
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Listing provided by Carol Olds, BHHS FLORIDA PROPERTIES GROUP, 727-847-4444
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 8/22/26 7:30 AM PDT.

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