Set on a rare 0.48-acre saltwater canal lot in Port Richey’s Martha’s Vineyard waterfront community, this Key West-style home delivers the coastal Florida lifestyle at a price that still makes sense. Four bedrooms, 2.5 bathrooms, and 2,162 square feet of open, airy living space with high ceilings, a wood-burning fireplace, and a true split-bedroom layout built for real life.
Outside is where this property separates itself. A private boat ramp with canal access toward the Gulf of Mexico, a waterfront fire pit, screened retreat, wraparound porches, and a private deck all on a lot large enough to accommodate boat parking, RV parking, and every vehicle in the family.
The lower level adds serious flexibility: dual garages plus a bonus space with its own private entrance, ready to serve as a guest suite, in-law quarters, home office, or income-producing rental.
Minutes from Downtown New Port Richey, waterfront dining, marinas, and US-19 with easy connectivity to Tampa and Clearwater.
Outside is where this property separates itself. A private boat ramp with canal access toward the Gulf of Mexico, a waterfront fire pit, screened retreat, wraparound porches, and a private deck all on a lot large enough to accommodate boat parking, RV parking, and every vehicle in the family.
The lower level adds serious flexibility: dual garages plus a bonus space with its own private entrance, ready to serve as a guest suite, in-law quarters, home office, or income-producing rental.
Minutes from Downtown New Port Richey, waterfront dining, marinas, and US-19 with easy connectivity to Tampa and Clearwater.
Property Details
Price:
$470,000
MLS #:
TB8459057
Status:
Active
Beds:
4
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
MARTHAS VINEYARD
Neighborhood:
34668portrichey
Listed Date:
Dec 26, 2025
Finished Sq Ft:
2,162
Total Sq Ft:
2,162
Lot Size:
20,992 sqft / 0.48 acres (approx)
Year Built:
2001
See this Listing
Schools
Elementary School:
Richey Elementary School
Middle School:
Chasco Middle-PO
High School:
Gulf High-PO
Interior
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Range Hood, Refrigerator, Washer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Ceramic Tile, Laminate
Heating
Central, Electric
Interior Features
Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry Features
Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Levels
Two
Exterior
Architectural Style
Key West
Attached Garage YN
1
Community Features
Bay/Harbor Front, Canal Front, Community Boat Ramp, Dock, Fishing, Marina, Public Boat Ramp, Water Access, Waterfront, Dog Park, Golf Carts OK, Park, Playground, Restaurant, Sidewalks
Construction Materials
Block, Vinyl Siding, Wood Frame
Covered Spaces
4
Direction Faces
South
Exterior Features
Fire Pit, French Doors, Other, Private Entrance, Private Yard, Sidewalk, Sliding Doors
Garage Spaces
4
Lot Features
Cleared, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Unincorporated
Open Parking YN
1
Parking Features
Bath In Garage, Driveway, Ground Level, Guest, RV Parking, Split Garage, Under Building, Workshop in Garage
Patio And Porch Features
Deck, Front Porch, Patio, Porch, Rear Porch, Screened
Roof
Shingle
View
Trees/Woods, Water
Waterfront Features
Bay/Harbor Front, Canal Front, Waterfront, Canal – Saltwater
Financial
Tax Year
2024
Taxes
$4,561
Map
Community
- Address5127 BAY BOULEVARD PORT RICHEY FL
- SubdivisionMARTHAS VINEYARD
- CityPORT RICHEY
- CountyPasco
- Zip Code34668
Market Summary
Current real estate data for Single Family in PORT RICHEY as of Nov 02, 2026
376
Single Family Listed
107
Avg DOM
210
Avg $ / SqFt
$336,405
Avg List Price
Property Summary
- Located in the MARTHAS VINEYARD subdivision, 5127 BAY BOULEVARD PORT RICHEY FL is a Single Family for sale in PORT RICHEY, FL, 34668. It is listed for $470,000 and features 4 beds, 3 baths, and has approximately 2,162 square feet of living space, and was originally constructed in 2001. The current price per square foot is $217. The average price per square foot for Single Family listings in PORT RICHEY is $210. The average listing price for Single Family in PORT RICHEY is $336,405. To schedule a showing of MLS#tb8459057 at 5127 BAY BOULEVARD in PORT RICHEY, FL, contact your CENTURY 21 Carioti agent at 2392986550.
Similar Listings Nearby
Courtesy of REAL BROKER, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 5127 BAY BOULEVARD
PORT RICHEY, FL