5027 WATERSIDE DRIVE, PORT RICHEY, FL 34668

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  • New Listing
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  • Price Reduced$130,000
  • Active Under Contract

$749,000

  • 3 BedroomBedrooms
  • 2 BathroomBathrooms
  • 1,887 Sq.Ft.
  • Single Family
  • Active Under Contract
  • MLS# TB8545095
  • Floor Plan
  • Sold on 
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Property Description

Under contract-accepting backup offers. WATERFRONT BOATERS DREAM ON MILLERS BAYOU! 151 FEET OF WATERFRONT + 2 BOAT LIFTS + DIRECT ACCESS TO THE GULF. This double-lot property offers a rare opportunity to own waterfront along Miller's Bayou. IMPORTANT: The property experienced flooding during Hurricane Helene in 2024. The property has recently been determined by the City of Port Richey to be substantially damaged and, according to the City, the existing structure cannot be renovated. Buyers are encouraged to conduct their own due diligence regarding current and future building requirements, allowable uses, permitting, flood regulations, and redevelopment options. For complete details regarding the substantial-damage determination, building requirements, and any questions concerning the property, buyers and their agents should contact the City of Port Richey directly. Buyer to verify all information and determine suitability for intended use. Rare opportunity to own a spacious 0.35-acre double lot with a 3-bedroom, 2-bath home and 2-car garage, offering beautiful bayou views and spectacular sunsets. The massive 60' x 31' walk-around dock is built for serious boating, featuring water, electricity, and two boat lifts (20,000-lb. & 16,000-lb.). Enjoy easy access to nearby islands, beaches, fishing flats, and the Gulf. Outdoor living shines with an expansive screened lanai, in-ground pool, and fish-cleaning station overlooking the water. Recent updates include A/C, mini-split, and water heater (2024), new vanity in master bath plus a renovated kitchen with brand-new range, dishwasher, and refrigerator (2026). Additional features include a dedicated laundry room, covered carport, approximately 30-year-old tile roof, and ample RV/boat parking. Located in golf-cart-friendly Port Richey, near waterfront dining, shopping, parks, kayak launches, and fishing piers. Bring your vision and transform this exceptional property into your own Florida waterfront retreat!

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Property Details 5027 WATERSIDE DRIVE, PORT RICHEY, FL 34668

Facts & Features

  • MLS #: TB8545095
  • Status: Active Under Contract
  • Date Listed: 09/02/2026
  • Type: Single Family
  • Sub Type: Single Family Residence
  • Year Built: 1969
  • Price: $749,000
  • Acres: 0.35
  • Area: 34668 - Port Richey
  • County: Pasco
  • Subdivision: HARBOR ISLES FIRST ADD
  • Bedrooms: 3
  • Bathrooms: 2
  • Full Baths: 2
  • Total SqFt: 1,887

Amenities

  • Parking: Covered
  • # of Garages: 2
  • Waterfront: Yes
  • Waterfront Type: Public
  • Pool: Yes
  • Pool Type: In Ground, Gunite, Outside Bath Access, Salt Water, Screen Enclosure, Tile

Interior

  • Interior Features: Crown Molding, Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom
  • Flooring: Ceramic Tile
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Utilities: BB/HS Internet Available, Electricity Connected, Sewer Connected, Sprinkler Meter, Water Connected
  • Heating: Central, Heat Pump
  • Cooling: Central Air, Mini-Split Unit(s)
  • # of Stories: 1.00

Exterior

  • Exterior Features: Rain Gutters, Sprinkler Metered
  • Lot Description: Flood Insurance Required, FloodZone, Oversized Lot, Street Dead-End, Paved
  • Roof: Tile
  • Construction: Block, Stucco

Schools

  • Elementary: Richey Elementary School
  • Middle: Chasco Middle-PO
  • High: Gulf High-PO

Additional Information

  • Zoning: R1

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