5531 MANATEE POINT DRIVE, NEW PORT RICHEY, FL 34652

$875,000 · Active

MLS #W7888443

Price

$875,000

Status

Active

Bedrooms

5

Bathrooms

3

Living area

3,258 sq ft

Home type

Single Family Residence

Year built

1961

Lot size

0.15 acres

Full bathrooms

3

Half bathrooms

0

Private pool

Yes

Waterfront

Yes

New construction

No

HOA

No

55+ community

No

Levels

Two

County

Pasco

Garage spaces

1

Annual property taxes

$5,064.95

Subdivision

SUNSET POINT ADD

Appliances & Equipment

Dishwasher · Disposal · Electric Water Heater · Microwave · Range · Refrigerator · Other equipment: Private Entrance, Private Yard

Bathrooms

3 total bathrooms · 3 full bathrooms

Bedrooms

5 total bedrooms

Building

Built in 1961 · Living area: 3258 · Living area units: Square Feet · Building faces Northwest · 2 stories · Levels: Two · Construction Materials: Block, Stucco, Frame

Community

Street Lights

Cooling

Central Air

Exterior Features

Patio/Porch Features: Covered, Deck, Enclosed, Porch, Rear Porch, Screened · Outdoor Shower · Private Entrance · Private Mailbox · Private Yard · Rain Gutters

Fence

Vinyl

Floors

Carpet · Laminate · Luxury Vinyl · Tile

Foundation

Slab

Garage

1 space

Heating

Central · Electric

Interior Features

Ceiling Fans(s) · Eat-in Kitchen · Open Floorplan · PrimaryBedroom Upstairs · Solid Surface Counters · Split Bedroom · Walk-In Closet(s)

Laundry

Laundry Room

Lot

0.15 acres · Dimensions: 218 x61x37 · Cul-De-Sac · Flood Insurance Required · FloodZone · City Limits · In County · Paved · Oak Trees

Parking

Garage Door Opener · Oversized

Pool

Gunite · In Ground · Outside Bath Access

Property

Water

Roof

Shingle

Sewer

Public Sewer

Utilities

Cable Available · Electricity Connected · Public · Sewer Connected · Water Connected · Water Source: Public

Water Features

Water Body Name: PITHLACHASCOTEE RIVER (COTEE) · River Front

Windows

Skylight(s)

Elementary school

Richey Elementary School

Middle school

Gulf Middle-PO

High school

Gulf High-PO

View virtual tour

About this home

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!

Courtesy of BHHS FLORIDA PROPERTIES GROUP 727-847-4444

Contact LPT Realty at (877) 366-2213 to ask about this home.