5557 SEA FOREST DRIVE # 118, NEW PORT RICHEY, FL 34652

Description of 5557 SEA FOREST DRIVE # 118, NEW PORT RICHEY, FL 34652

SELLER FINANCING available with 10% down, 6% interest and a 5 yr baloon. Beautiful Waterfront 2-Bedroom Condo with Wrap-Around Balcony & Airbnb Potential. Welcome to this spacious and beautifully decorated 2-bedroom, 2-bathroom condo located on a serene saltwater canal with access to boat slips. While this unit does not come with a deeded slip, there are often slips available for sale or rent — a great option if waterfront living and boating are part of your lifestyle. Boasting over 1,400 square feet of living space, this condo offers a light and airy feel with three sets of sliding glass doors that open onto a screened wrap-around balcony—perfect for enjoying both sunrise and sunset views. Inside, you'll find an open and generously sized living and dining area, plus a modern kitchen featuring: Beautiful laminate flooring, Granite countertops, Stainless steel refrigerator and dishwasher, Ample cabinetry and eat-in space. The split-bedroom layout offers privacy, with the primary suite featuring: King-size bed, Dual vanity bathroom with separate tub and shower, Walk-in closet, Private sliding door to the balcony. Additional features include a full-size laundry room with washer and dryer, and the condo comes fully furnished if desired. Plus, short-term rentals (e.g., Airbnb) are allowed, making this an excellent investment opportunity. Located on the first floor above the parking garage, the unit provides both convenience and security. Owners enjoy covered parking in the garage with one reserved space, along with additional guest parking outside. The Community offers 2 pools, community boat ramp, tennis and pickle ball courts. Monthly fees include internet, basic cable, sewer, trash, pest control, exterior maintenance, roof repair and more. Community has access to Gulf Harbors private beach also for an optional fee of $200 per year . Don’t miss your chance to own this stunning waterfront condo in a desirable community — ideal for full-time living, a vacation getaway, or an income-producing rental! Seller will do owner financing with a 5 year balloon with 20% down; fed rate or lower. Owner will assist with buyer's closing costs!!! Also, listed as a seasonal rental. Typical Peak Season Rental Rates for Jan - April is $3500 - $4,000 per month

Property Details for 5557 SEA FOREST DRIVE # 118, NEW PORT RICHEY, FL 34652

Bathrooms Full

2

Bathrooms Half

0

Interior Features

Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Elevator, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Flooring

Carpet, Laminate, Tile

Heating

Central, Electric, Heat Pump

Cooling

Central Air

Furnished

Negotiable

Architectural Style

Elevated, Florida

Parking Features

Covered, Guest, Reserved

Pool Private

No

Direction Faces

North

Building Information for 5557 SEA FOREST DRIVE # 118, NEW PORT RICHEY, FL 34652

Building Area Total

1410

Building Area Units

Square Feet

Stories Total

3

Association

No

Association Amenities

Cable TV, Clubhouse, Elevator(s), Pool, Recreation Facilities, Spa/Hot Tub

Pets Allowed

Cats OK, Dogs OK, Number Limit, Size Limit, Yes

Property Information for 5557 SEA FOREST DRIVE # 118, NEW PORT RICHEY, FL 34652

Lot Features

Near Marina

Lot Size Square Feet

799

Waterfront

Yes

Waterfront Features

Canal Front, Waterfront, Canal - Saltwater

Frontage Length

Canal: 100

View

Trees/Woods, Water

Construction Materials

Block, Concrete, HardiPlank Type

Roof

Shingle

Exterior Features

Balcony, Sliding Doors

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 5557 SEA FOREST DRIVE # 118, NEW PORT RICHEY, FL 34652

Parcel Number

162607007.A000.00118.0

Tax Annual Amount

$4,044

Tax Year

2024

Tax Legal Description

HEATHER COVE OF NEW PORT RICHEY PHASE 2 A CONDO CB 4 PGS 59-73 UNIT 118 & COMMON ELEMENTS & BOAT SLIP B-11 PER OR 4965 PG 1700 OR 9120 PG 3815

Zoning

MF2

County Or Parish

Pasco

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