Waterfront - Lease to Own
Address
5451 Tropic Drive, NEW PORT RICHEY, FL
Price
$ 609,900
Property Attributes
  • MLS#TB8552043
  • TypeSingle Family
  • Listing Status Active
  • CountyPasco
  • CityNEW PORT RICHEY
  • AreaNew Port Richey
  • NeighborhoodTROPIC SHORES
  • Zip34653
  • StyleSingle Family Residence
  • Year Built1996
  • Taxes$ 9824
  • Price$ 609,900
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms1
  • Sqr Footage1586
  • Lot Size0.15 Acres
Data Source:
Stellar MLS
Property Description

A Rare Opportunity in New Port Richey! Welcome to 5451 Tropic Dr, a property that combines space, comfort, waterfront living, and a financing opportunity that could make a significant difference for the next homeowner. This spectacular, fully remodeled residence features 4 bedrooms and 4.5 bathrooms, offering plenty of space and privacy for the entire family. Every area has been thoughtfully renovated to create a modern, comfortable home that is ready to enjoy from day one. In addition, the property features a private efficiency with its own separate entrance, ideal for hosting family members or guests while giving them their own space and allowing everyone to maintain their privacy. This unique feature adds even more comfort and versatility to the home. And if living in Florida means enjoying the outdoors, you’ll have your own private oasis right at home. ???? The property features a private swimming pool, perfect for enjoying year-round, entertaining family and friends, or simply relaxing after a long day. But there’s something that makes this property even more special: its waterfront location on a canal with access to the Gulf, giving you the opportunity to enjoy the Florida waterfront lifestyle with the water literally in your backyard. The home is also located on a dead-end street, providing a quieter setting with less traffic. ?? And here is one of the most attractive opportunities: the existing mortgage may be assumable at an approximate 5.6 interest rate. In a market where current interest rates can be considerably different, this is an opportunity worth exploring. 4 Bedrooms 4.5 Bathrooms Fully Remodeled Private Efficiency with Separate Entrance Private Swimming Pool Canal with Gulf Access Dead-End Street Potential to Assume the Existing Mortgage at 5.6 This is more than just a home; it’s an opportunity to enjoy the Florida lifestyle you are looking for, with features that don’t come on the market every day. ?? 5451 Tropic Dr, New Port Richey, FL 34653 Schedule your private showing and come discover everything this property.

Price History
9/25/2026 Listed $609,900

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities BB/HS Internet Available,Electricity Connected,Public,Sewer Connected,Solar,Water Connected
Roof Shingle
Appliances Dishwasher,Disposal,Electric Water Heater,Range,Refrigerator,Water Purifier,Water Softener
Zoning R3
Garage Spaces 3
Pool Features Heated,In Ground,Lighting,Screen Enclosure
Security Features Security Lights,Security System,Smoke Detector(s)
Construction Materials Block,Concrete
Year Built 1996
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Waterfront Features Canal - Brackish
County Pasco
New Construction false
Property Type Residential
Attached Garage true
Subdivision Name TROPIC SHORES
Facing Direction East
Garage Y/N true
Total Rooms 12
Full Baths 4
Status Active
Directions Take I-75 N and FL-54 W to Madison St in Elfers Continue on Madison St. Drive to Tropic Dr in New Port Richey
City NEW PORT RICHEY
Senior Community Y/N false
MLS Area 34653 - New Port Richey
Lot Size Units Square Feet
Lot Size Square Feet 6432
Carport Y/N false
Listing Terms Assumable,Cash,Conventional,FHA,Lease Option,Private Financing Available,USDA Loan,VA Loan
Land Lease Y/N false
Tax Annual Amount 9824.72
Home Warranty Y/N false
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8552043
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 3
Legal Description TROPIC SHORES UNIT TWO PB 7 PG 70 LOT 3
Water View Canal
Water Access Type Canal - Brackish
Minimum Lease No Minimum
Water Access Y/N true
Additional Rooms Interior In-Law Suite w/Private Entry
Water View Y/N true
Flood Zone Code AE
In Law Suite YN true
In Law Suite Description 1 Bathroom,1 Bedroom,Kitchen,Private Entrance

Interior Features

Interior Amenities Ceiling Fan(s),High Ceilings,Open Floorplan,Smart Home,Solid Surface Counters,Walk-In Closet(s)
Flooring Porcelain Tile
Furnished Y/N Unfurnished
Fireplace Features Family Room
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features In Garage,In Kitchen,Laundry Room
Total Bedrooms 4
LivingAreaSource Public Records
Total Baths 5

Exterior Features

Exterior Amenities Balcony,French Doors,Playground,Private Mailbox,Private Yard,Sidewalk
Water Source Public
Lot Size Area 6432
Foundation Details Slab
Building Area Total 3620
Lot Size Acres 0.15
Road Surface Type Asphalt
Private Pool true
Waterfront Y/N true
Covered Spaces 3

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 34653

Price
AVG $310K
$610K
Taxes
AVG $3,359
$9,824
Year Built
AVG 1983
1996

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