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Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker

Blue Mar Real Estate Group Inc.

Licensed Florida Real Estate Broker · DBPR License CQ1018554

4000 Ponce De Leon Blvd, Suite 470, Coral Gables, FL 33146

[email protected]

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+15

5016 MARLIN DRIVE

NEW PORT RICHEY, FL, 34652

Active

$500,000

5016 MARLIN DRIVE

NEW PORT RICHEY, FL, 34652

Active

$500,000

3

Bedrooms

2

Bathrooms

2,006 sqft

Living Area

1973

Year Built

10,984

Lot Size (sqft)

$125

HOA / Annually

1

Days on Market

Dock & Water AccessMLS

Canal FrontGulf/Ocean FrontWaterfrontCanal - Saltwater📝 deep water

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

*ATTENTION INVESTORS AND SAVVY OWNER OCCUPANTS* Incredibly rare waterfront investor special in the highly desirable Gulf Harbors community of New Port Richey, just one block from the open Gulf with no bridges. The owner’s retirement offers you the rare chance to secure this spacious 3 bed / 2 bath, 2,006 sqft pool home on a large corner lot with over 95 ft of water frontage, immediate deep-water Gulf access, and major remediation already completed. While some finishing touches are still needed, the heavy lifting has already been done, making this an ideal opportunity for savvy owner-occupants, investors, and flippers looking to create serious value in a true Florida waterfront setting. So what makes this one so special? 1) Flood remediation and major fixes are complete, just come in, add your finishing touches, and bring the property fully back to life. 2) Over 95 ft of water frontage with a stationary boat dock and floating dock system, with immediate deep-water Gulf access just one block from the open Gulf with no bridges. 3) Large outdoor pool deck overlooking the water, complete with a tiki bar for entertaining and enjoying evenings and days in the Florida sun. 4) Newly updated chef’s kitchen complete with new solid wood cabinets, ample counter space on newly added luxury granite countertops, gleaming stainless steel appliances and a large fume hood. 5) Pool heated by solar pool-heating mats on roof. 6) Oversized large 2-car garage providing excellent space for vehicles, storage, tools, hobby gear, and toys. 7) Large corner lot in a waterfront community known for boating, beach access, and coastal living. 8) Located in the Gulf Harbors, offering access to boat ramps, a yacht club, a clubhouse, riverfront restaurants, and optional membership to the private Gulf Harbors Beach Club for just $200 annually, including gated beach access, cabanas, picnic areas, private bathrooms, and showers. 10) Just 6 minutes from vibrant downtown New Port Richey, with waterfront dining, local boutiques, breweries, live entertainment, and beautiful Sims Park along the scenic Cotee River. 11) Convenient location with Tampa International Airport and Clearwater beach just 50 minutes away, giving you waterfront living with easy access to the rest of Tampa Bay. With deep-water Gulf access, a large waterfront pool deck, dock system, updated kitchen, and remediation already completed, this property offers an exceptional canvas for your next flip, vacation home, short-term rental, or long-term waterfront hold. Easy to show. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.

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Location

NEW PORT RICHEY, FL, 34652

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of RICHARD PETERS REALTY LLC via Stellar MLS

Last checked: 5 hours ago

Listing updated: July 24, 2026

© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone AE
BFE: 10ft

Special Flood Hazard Area

View FEMA Flood Map →
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Estimate your monthly payment for this waterfront property

20%

$100,000 down

%
Principal & Interest$2,594/mo
Property Tax (est. ~1.2%, varies by county)$500/mo
Home Insurance (est.)$250/mo
HOA Fees$10/mo
Total Monthly Payment$3,355
Loan Amount: $400,000Rate: 6.75%
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