New Port Richey › Regency Palms Condos
5111 Royal Palms Way #202
New Port Richey, FL 34652
$234,999
2 bed2 bath1,060 sqftCondo · built 2017
Listed at $222 per sq ft. Median for condos with up to 2 bedrooms in New Port Richey sold in the last 12 months: $124 per sq ft.
54 sales · Stellar MLS, credited belowWhat stands out about this home
Compared with condos like it, within product classi
Size
Larger than 81% of condos sold in New Port Richey
150 condo sales · Jan 2024 - Oct 2026Price
Listed 66% above the typical price for a condo its size in New Port Richey
150 condo sales · Jan 2024 - Oct 2026Standout feature
No standout feature to report
Age
Newer than 94% of condos in New Port Richey
280 homes · Feb 2020 - Oct 2026About this property
Bonus room on ground floor has new tile floor and mini-split air conditioning.
Property details
Year built2017
Lot size0.03 ac
HOA fee$393/mo
Parking1-car
Days on market12
MLS#TB8543915
BalconyCeiling fansElevatorOpen floorplanThermostatDishwasher
All features →
- Balcony
- Ceiling fans
- Elevator
- Open floorplan
- Thermostat
- Dishwasher
- Disposal
- Electric water heater
- Microwave
- Refrigerator
- Touchless faucet
- Water softener
- Central air conditioning
- Electric heating
- Heat pump heating
- Shingle roof
- Slab foundation
- Stucco construction
- Single story
- Electric dryer hookup
- Washer hookup
- Cable connected
- Electricity connected
- Sewer connected
- Garage
The market for homes like this
Condos with up to 2 bedrooms in New Port Richeyi
Median sold price$115,95054 sales · last 12 months
Median price per sq ft$12454 sales · last 12 months
Median rent$1,300/mo44 leases · last 24 months
Median days to lease3844 leases · last 24 months
New Port Richey, as its listings describe it
What agents stated on listings, 2006 – 2026i
Community pool63%of 219 listings
HOA fee, median$303/moof 145 listings
Has an association35%of 483 listings
Pets allowed84%of 516 listings
Minimum lease, most commonNo Minimum57% of 357 listings · next: 3 Months
Lease restrictions40%of 360 listings
Association approval required53%of 225 listings
Private pool7%of 649 listings
Gated27%of 219 listings
Public water · sewer99% · 99%of 392 · 421 listings
Flood zone (A or V)42%of 440 listings
55+ communityNo81% of 484 listings · next: Yes
Homestead share Regency Palms Condos50%of 80 homes · county tax roll
Price and time on market
This listing against homes like iti
Price per sq ft
Listed at $222 per sq ft, 79% above the $124 median for 2-bedroom condos in New Port Richey sold in the last 12 months
54 sales · last 12 monthsTime on market
On the market 12 days; 2-bedroom condos in New Port Richey took a median of 82 days to sell in the last 12 months
54 sales · last 12 monthsPrice history
Listed at $257,000 originally; now $234,999, 8.6% lower after at least one price reduction. The most recent: down $22,001 on Sept. 11, 2026
at least one price reduction visibleCost of ownership
What this home costs to hold, from public recordsi
Current owner's taxes
i$4,049 (2025)
As stated on the listing for 2025Estimated taxes at this price
iAbout $3,400/yr homesteaded, $4,400/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at saleTypical electric bill
i$170/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)Typical water and sewer
iNot yet available (City of New Port Richey Utilities)
THE NEIGHBORHOOD
Living in New Port Richey
City of New Port Richey · Pasco County · ZIP 34652 · Flood zone AE
Homes6,148residential parcels
Median sold price$229,500284 sales · last 12 months
Vs. the prior year+9.3%284 sales this year · 284 sales the prior year
Median rent$1,495/mo115 leases · last 12 months
Homes that changed hands5%284 sales of 6,148 homes
Homestead share56%of 6,148 homes · county tax roll
Condos in New Port Richey, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All condos · 12 months54$115,950—
2 bed · this home54$115,950—
All condos · 24 months103$117,500$1,300/mo44 leases
Median price
New Port Richey homes sold for a median of $229,500 in the 12 months to Oct. 11, 2026.
284 salesPrice trend
That's 9.3% above the median for the 12 months before, $210,000.
284 sales this year · 284 sales the prior yearWhat's selling
Single-family detached homes made up 185 of the 284 sales in the same 12 months, at a median of $256,250.
185 of 284 salesLocation
5111 ROYAL PALMS WAY #202, NEW PORT RICHEY, FL 34652
Nearby homes for sale in New Port Richey
- 2 bed, 2 bath single-family home1,352 sq ft · $230,000New Port Richey 34652 · Listed by CENTURY 21 COASTAL ALLIANCE
- 4 bed, 2 bath single-family home1,356 sq ft · $240,000New Port Richey 34652 · Listed by SAILWINDS REALTY
- 2 bed, 1 bath single-family home624 sq ft · $240,000New Port Richey 34652 · Listed by RE/MAX REALTEC GROUP INC
- 3 bed, 2 bath single-family home1,180 sq ft · $227,900New Port Richey 34652 · Listed by POWERS REAL ESTATE SOLUTIONS LLC
- 3 bed, 1 bath single-family home956 sq ft · $245,000New Port Richey 34652 · Listed by THE SOMERDAY GROUP PL
- 2 bed, 2 bath condo1,287 sq ft · $220,000New Port Richey 34652 · Listed by KELLER WILLIAMS REALTY- PALM HARBOR
Based on information from Stellar MLS® for the period May 17, 2006 through October 11, 2026.
Listings courtesy of Stellar MLS as distributed by MLS GRID
HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.
