5127 BAY BOULEVARD PORT RICHEY FL 34668 MLS #TB8459057

5127 BAY BOULEVARD
PORT RICHEY, FL, 34668
$509,905
4 Beds
2.5 Baths
2,162 SqFt
0.48 Acres
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MLS #TB8459057 image #0
5127 Bay Blvd, Port Richey, FL 34668
Waterfront Home with Canal Access • 4BR/2.5BA • 0.48 Acres
Some homes offer a view. This one offers a life.
Set along a private saltwater canal in the Martha’s Vineyard waterfront community of Port Richey, Florida, this Key West-style home delivers the coastal lifestyle Pasco County buyers have been searching for. With 4 bedrooms, 2 full bathrooms, 1 half bath, and 2,162 square feet of living space on a rare 0.48-acre lot, 5127 Bay Blvd is one of the most versatile waterfront properties available in the New Port Richey and Port Richey area.
The Property & Outdoor Space
Nearly half an acre of Florida waterfront is the foundation here, and every inch is usable. Expansive porches, a screened retreat, a private deck, and a waterfront fire pit create an outdoor living and entertaining experience that is scarce. The oversized lot accommodates boat parking, RV parking, and multiple vehicles with ease. A private boat ramp provides direct water access for kayaks, paddleboards, canoes, and small watercraft, with canal connectivity leading toward the Gulf of Mexico.
Inside the Home
Soaring high ceilings, an open floor plan, and a split-bedroom layout create a bright, airy atmosphere throughout. Tile and laminate flooring flow seamlessly across the main living areas, and a wood-burning fireplace adds warmth and character. The layout supports comfortable everyday living, multi-generational arrangements, or flexible guest accommodations.
Bonus Space & Garage
The lower level features dual garages and a bonus flex space with its own private entrance — ideal as a guest suite, in-law quarters, home office, home gym, or short-term rental opportunity.
Location
Located in Port Richey’s Martha’s Vineyard waterfront community, this home is minutes from marinas, waterfront dining, parks, shopping, and the restaurants and nightlife of Downtown New Port Richey. Easy access to US-19 and the Suncoast Parkway connects you to Tampa, Clearwater, and beyond.
Who This Home Is For
This property is the right fit for buyers searching for:
• A waterfront home in Pasco County with small craft canal access
• A canal home in Port Richey with kayak, paddleboard, or small boat access
• A Gulf-area property with RV parking, boat parking, and an oversized lot
• A Key West-style Florida home with outdoor entertaining space
• A multi-generational home with flex space and private entrance
• A vacation home or investment property near the Gulf of Mexico
If you’ve been searching for a waterfront home in Port Richey, a Florida coastal property with land and flexibility, or a lifestyle upgrade on the water, 5127 Bay Blvd is the one worth seeing.

Property Details

Price:
$509,905
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
Key WestWaterfrontCanalfront34668 – Port Richey34668portricheyMarthas VineyardRichey Elementary SchoolChasco Middle-poGulf High-poVerify With CityNo MinimumPets Allowed

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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

Subdivisions in PORT RICHEY

Market Summary

Current real estate data for Single Family in PORT RICHEY as of May 04, 2026
350
Single Family Listed
101
Avg DOM
214
Avg $ / SqFt
$339,795
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 $509,905 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 $236. The average price per square foot for Single Family listings in PORT RICHEY is $214. The average listing price for Single Family in PORT RICHEY is $339,795. To schedule a showing of MLS#tb8459057 at 5127 BAY BOULEVARD in PORT RICHEY, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.

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