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About This Home
This 4-bedroom, 3-bathroom single family at 5531 MANATEE POINT DRIVE in New Port Richey, FL is listed for $950,000 ($292 per sqft). Built in 1961, the home offers 3,258 sqft of living space on a 0.15 acres lot.
Experience the best of Florida living in this exceptional waterfront residence, where luxury, location, and lifestyle converge. Situated on a quiet dead-end street, this fully renovated 4-bedroom (really a 5 bedroom), 3-bath home rests on a generous quarter-acre lot and offers breathtaking water views—complete with the rare pleasure of watching dolphins and manatees from your own backyard.
The home has been meticulously upgraded throughout, featuring a brand-new kitchen(2025) all-new downstairs bathrooms(2025), new flooring across the main level(2025), plush new carpet upstairs(2025), fresh interior paint(2025), new hurricane windows(2025), new sliding glass doors(2025), a new roof(2025), new A/C(2024), and a new hot water heater(2024). An indoor laundry room conveniently located downstairs adds comfort and functionality to everyday living.
The upstairs level offers remarkable versatility. It can serve as a private two-bedroom mother-in-law suite with a living room or income-producing rental with its own private entrance, or be transformed into the ultimate owner’s retreat—an expansive master bedroom suite complete with a private balcony, perfect for enjoying serene water views and coastal breezes.
Outdoor living is exceptional, with direct water access, a private boat lift, and ample space to relax or entertain on the quarter-acre lot. Located in a golf-cart-friendly neighborhood, you can easily ride downtown or to nearby restaurants and bars, enjoying the perfect balance of waterfront tranquility and vibrant city living.
Tucked away yet just minutes from downtown, this rare waterfront gem delivers luxury, flexibility, and an unmatched Florida lifestyle.
Key Features
- Built in 1961
- 0.15 acre lot
- Private pool
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$5,081/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5531 MANATEE POINT DRIVE
New Port Richey, FL 34652
SUNSET POINT ADD
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom single family at 5531 MANATEE POINT DRIVE is listed at $950,000 ($292/sqft). The estimated monthly payment is $4,117 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 0.15 acre lot, Private pool, Waterfront. Interior Features: Ceiling Fans(s), Eat-in Kitchen, High Ceilings. Exterior Features: Balcony, Lighting, Private Mailbox.
This property is listed by G. Busch and can be reached at 7273006523 or alexandra@fltropicalliving.com.








