For sale

$949,900

Est. $7,298/mo —

•

3,129

sq ft

5617 Palmetto Rd, New Port Richey, FL 34652

About this home

Experience Florida waterfront living at its finest in this charming single-story home nestled along the scenic Cotee River in the historic City of New Port Richey. This well-maintained 2-bedroom, 2-bath residence with office, exercise or child room offers comfortable one-level living and an attached 2-car garage, built with ICF concrete walls and Standing seam metal roof, combining convenience with an exceptional waterfront lifestyle. Although residing in a flood zone, the home was not flooded from storm surge of Hurricane Helene and Hurricane Milton. Step outside to your private waterfront retreat featuring a boat dock equipped with a boat lift, water, and electric service, plus a covered boat slip—perfect for boating enthusiasts and easy access to the Gulf only passing under one bridge. Whether you're enjoying peaceful river views, entertaining guests, or setting out for a day on the water, this property offers the ideal setting. Located in the historic downtown New Port Richey, golfcart friendly, you'll enjoy proximity to local shops, dining, parks, and community events while embracing the relaxed charm of waterfront living Back in the day this area was known as the mini-Hollywood enjoyed by ShirleyTemple, Gloria Swanson, Charlie Chaplin, Johnny Cash just to name a few. Don't miss this rare opportunity to own a slice of paradise on the Cotee River. This is a must see waterfront property…

Single-familyProperty Type

1998Year Built

0.27 acresLot Size

$304Price/Sq.Ft.

2 car garageParking

Listed by Jamie Myer • BHHS FLORIDA PROPERTIES GROUP

Contact: 727-847-4444

Listing updated: Aug 22, 2026 at 03:59pm

Redfin checked: 3 minutes ago

•Source:Stellar MLS as Distributed by MLS Grid #W7886974

Payment calculator

$7,298 per month

Principal and interest$5,313

Property taxes

$1,383

HOA dues

Home insurance

$602

Utilities

Add

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Affordability tools

See this home in person

This home is unavailable to tour on this day.

Next available date: Tuesday, October 13

Open houses

No upcoming open houses.

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Richey Elementary School

Public PreK-5 • Assigned • 0.3mi

2/10

Gulf Middle School

Public 6-8 • Assigned • 1.3mi

2/10

Gulf High School

Public 9-12 • Assigned • 1.8mi

3/10

Provided by GreatSchools

About North

River

North River, located between the Pithlachascotee River and US-19, is a waterfront and residential New Port Richey neighborhood with riverfront parks and a breezy, boat-ramp rhythm. The neighborhood’s character concentrates around the Riverwalk and Sims Park, where marina slips, shaded lawns, and small-stage events set the tone. Streets mix mid-century ranch homes with newer infill, often oriented toward canals and mangrove edges. Downtown’s historic core adds texture through the Richey Suncoast Theatre and the West Pasco Historical Society Museum & Library. Cotee River Brewing Company and the Hacienda Hotel’s riverfront grounds lend a local, lived-in social scene. Kayaks, fishing piers, and sunset benches keep the geography front and center.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Cathedral ceilings
Eat-in kitchen
Open floor plan
Walk-in closets
Window treatments (blinds)

Bedrooms
2 bedrooms

Bathrooms
2 full bathrooms

Kitchen
Dishwasher
Range
Refrigerator

Laundry & utility
Laundry room
Washer
Dryer
Gas water heater

Flooring
Carpet
Ceramic tile
Wood
Tile

Heating & cooling
Heat pump heating
Central air conditioning

Sale and tax history for 5617 Palmetto Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$16,599 (+5.6%)

2024

$15,723 (+5.9%)

2023

$14,843 (+18.8%)

2022

$12,491 (+12.2%)

2021

$11,129 (+1.7%)

$100,275 + $378,604

$478,879

2020

$10,944 (−0.5%)

$89,025 + $376,492

$465,517

2019

$11,004 (+3.0%)

$89,025 + $375,949

$464,974

2018

$10,680 (+2.6%)

$88,721 + $358,399

$447,120

2017

$10,405 (+5.6%)

$88,721 + $339,035

$427,756

2016

$9,853 (+5.6%)

$78,221 + $323,508

$401,729

2014

$9,329 (+5.9%)

$78,221 + $306,926

$385,147

2013

$8,806 (+11.3%)

2012

$7,910

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.27 Acres

Year renovated

1998

Finished Sq. Ft.

3,129

Unfinished Sq. Ft.

—

Total Sq. Ft.

3,129

Year built

1998

Style

Single Family Residential

County

Pasco County

APN

32-25-16-0330-00400-0040

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 14, 2026.

May 28, 2025 • Final

Right of way use

Install new electrical components to adhere to safety standards.

Electrical

Feb 2, 1998 • Final

Other / miscellaneous - building

Work on a single-family home.

New construction

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 108° expected this year, 24 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

New Port Richey, FL • 34652

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 26% for direct sun exposure in New Port Richey. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.7 hrs

7.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5617 Palmetto Rd

$894,766

$55K under list price of $950K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $239K to $1.2M.

SOLD JUL 10, 2026
$470,000 Last sold price
4 beds3 baths2,264 sq ft
7213 Jasmin Dr, New Port Richey, FL 34652
$96/sq ft
22 years older
SOLD APR 29, 2026
$391,900 Last sold price
3 beds2 baths1,560 sq ft
6920 Washington St, New Port Richey, FL 34652
$53/sq ft
smaller lot
27 years newer
SOLD MAY 7, 2026
$330,000 Last sold price
Land— sq ft
5452 Bellview Ave, New Port Richey, FL 34652
smaller lot
SOLD AUG 10, 2026
$239,200 Last sold price
3 beds2 baths1,254 sq ft
5312 Dartmouth Rd, New Port Richey, FL 34652
$113/sq ft
smaller lot
41 years older
SOLD APR 1, 2026
$1,200,000 Last sold price
4 beds4 baths2,629 sq ft
5517 Manatee Point Dr, New Port Richey, FL 34652
$152/sq ft
smaller lot
3 years older
SOLD JUL 24, 2026
$310,000 Last sold price
5 beds3.5 baths2,944 sq ft
7041 Jasmin Dr, New Port Richey, FL 34652
$199/sq ft
smaller lot
33 years older

Rental earnings

Est. $2,478 per month, based on comparable rentals

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(813) 565-3084

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Details provided by Stellar MLS as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 5617 Palmetto Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 5617 Palmetto Rd

Early Access listings

Nearby similar homes

New listings for sale in 34652

More real estate resources