Single Family Residence at 5027 WATERSIDE DR, PORT RICHEY
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$749,000

5027 WATERSIDE DR
PORT RICHEY, FL 34668
Listed by BHHS FLORIDA PROPERTIES GROUP
Bedrooms
3
Bathrooms
2
Living area
1,887 sqft
Year built
1969

About this home

WATERFRONT BOATER’S DREAM ON MILLER’S 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!

Highlights

WaterfrontPrivate pool

Property details

MLS #
MFRTB8545095
Property type
Single Family Residence
Subdivision
HARBOR ISLES FIRST ADD
Status
Active
Days on market
36
On market date
September 2, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.35 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
RICHEY ELEMENTARY SCHOOL
1.5 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
592
Student:teacher ratio
12.1:1
District
PASCO
Middle
GULF MIDDLE SCHOOL
2.6 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
926
Student:teacher ratio
16.5:1
District
PASCO
High
MARCHMAN TECHNICAL COLLEGE
2.44 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1
Student:teacher ratio
0.1:1
District
PASCO

Walkability

Blended score for PORT RICHEY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

51
Somewhat walkable
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
70 / 100
Restaurants & cafes20
Grocery stores0
Parks5
Schools3
Transit stops6
Pharmacies0

Mortgage calculator

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Est. monthly payment
$4,661/mo
$149,800 down
$599,200 loan
Principal & interest$3,886
Property tax (est.)$624
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.