New Port Richey › Tropic Shores

5517 Tropic Dr

New Port Richey, FL 34653
$769,900
3 bed2.5 bath2,232 sqftSingle-family home · built 1999

Listed at $347 per sq ft. Median for single-family homes with 3 bedrooms in New Port Richey sold in the last 12 months: $210 per sq ft.

92 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 94% of single-family homes sold in New Port Richey
514 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 67% above the typical price for a single-family home its size in New Port Richey
514 single-family home sales · Jan 2024 - Oct 2026
Standout feature
Waterfront: 12% of single-family homes listed in New Port Richey are
282 single-family home listings · May 2006 - Oct 2026
Age
Newer than 88% of single-family homes in New Port Richey
826 homes · May 2006 - Oct 2026
Compared against 40 similar homes sold within 1.88 mi.

About this property

MOTIVATED SELLER- NEW PRICE! ALL REASONABLE OFFERS WILL BE CONSIDERED! Incredible Riverfront home located in the heart of New Port Richey. With the "Cotee" River directly in the back yard there are endless possibilities for your boating adventures. You can boat to dinner at one of the many waterfront restaurants located on the River, most offer transient dockage, you can take a nice ride to the Sandbar or one of the local islands (Durney Key or Anclote), head South to Caladesi Island, downtown Dunedin, Clearwater or more! If you wish to stay local this home is just minutes away from Historic downtown New Port Richey which offers Parades, Festivals at Simms Park, a Splash Pad for the kids, Restaurants, Bars, Breweries, live Theatre, live music and shopping. New Port Richey is Golf Cart Friendly which adds to the fun. While indoors enjoy this gorgeous elevated home that has more upgrades than I can list. Entering into the front door you take the stairs up to the second level to find the GORGEOUS kitchen with custom, real wood cabinets, granite counter tops, stainless appliances, Arlo filtered water at sink. Dining and living rooms offer sliding door access to the waterfront balcony. Built in cabinets in living room for extra organization and storage. Take the short hall to the laundry room with washer and dryer, Guest bedroom with access to Jack and Jill bathroom. The second guest bedroom is large with direct Riverfront view from the window, a closet that almost spans from wall to wall and sliding door access to the waterfront balcony. Back to the hall take stairs up to the third floor dedicated to the Primary Suite. The primary suite is extra large, sliding door access to a private balcony, direct river front view from the window and the balcony, en suite bath with his/her sinks, large walk in shower with rainfall showerhead, large linen closet and a HUGE walk in closet with a window for extra natural light. Take the stairs back to the second level and then down to the first level. Here you will find a bonus room with endless possibilities. Not air conditioned at this time, but it would not be difficult to install a mini-split unit to make it comfortable usable square footage. Small built in bar and barstools. Under stair storage, sliding door access to pool and access to the two car garage all from this amazing space. The two car garage can comfortably fit two cars, with an area elevated by one step that can be used to store a golf cart or to use as a workshop. This area has access to the pool as well. Outside is a true paradise. The pavered pool deck and refreshing pool is steps away from the Riverfront. The property appraiser site documents 81.4 ft of Riverfront!!! A large wood dock with fish station, water and electric, and boat lift (estimated 10k lb) perfect start for waterfront adventures. SO MANY UPGRADES: Roof 2018, New Rheem AC 2025, New Water heater 2026, ALL NEW IMPACT RATED windows and sliders throughout (80k upgrade per Seller), New Screens, New front door 2021/2022, Updated bathrooms, Garage door 2019, Exterior paint 2021, Most interior rooms painted 2026, Most appliances have been replaced, Gutters 2021, Ductwork, Water softener, Tile throughout with exotic wood in bedrooms and stairs to Primary Suite, Fenced yard, New pool filter and timer, Boat lift 2019, Gutters 2021, Attic insulation 2026, Fans in most rooms. Transferrable home warranty.
NO HOA. *FIREPLACE/TVs DO NOT CONVEY. (Brackets stay), SOLD UNFURNISHED.

Property details

Year built1999
Lot size0.16 ac
HOANot stated
Parking2-car
Days on market33
MLS#W7889486
BalconyRain guttersBuilt-in featuresCeiling fansCrown moldingLiving/dining combo
All features →
  • Balcony
  • Rain gutters
  • Built-in features
  • Ceiling fans
  • Crown molding
  • Living/dining combo
  • Open floorplan
  • Primary bedroom upstairs
  • Solid surface counters
  • Split bedroom
  • Stone counters
  • Thermostat
  • Walk-in closets
  • Wet bar
  • Built-in oven
  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Electric water heater
  • Exhaust fan
  • Kitchen reverse osmosis system
  • Microwave
  • Range hood
  • Refrigerator
  • Washer
  • Water softener
  • Tile flooring
  • Wood flooring
  • Water view
  • Central air conditioning
  • Central heating
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Stucco construction
  • Three-or-more stories
  • Electric dryer hookup
  • Inside laundry
  • Laundry room
  • Upstairs laundry
  • Washer hookup
  • Broadband internet available
  • Cable connected
  • Electricity connected
  • Sewer connected
  • Water connected
  • Smoke detectors
  • Private pool
  • Garage
  • Waterfront
  • Granite countertops
  • Stainless steel appliances

The market for homes like this

Single-family homes with 3 bedrooms in New Port Richey
i
Median sold price$284,50093 sales · last 12 months
Median price per sq ft$21092 sales · last 12 months
Median rent$1,700/mo46 leases · last 12 months
Median days to lease4246 leases · last 12 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 share56%of 6,148 homes · county tax roll
Also stated: waterfront 12% of 488 listings; CDD 0% of 386.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $347 per sq ft, 65% above the $210 median for 3-bedroom single-family homes in New Port Richey sold in the last 12 months
92 sales · last 12 months
Time on market
On the market 24 days; 3-bedroom single-family homes in New Port Richey took a median of 46 days to sell in the last 12 months
93 sales · last 12 months
Price history
Listed at $799,900 originally; now $774,900, 3.1% lower after at least one price reduction. The most recent: down $25,000 on Sept. 28, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$5,866 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
Not estimated
Typical electric bill
i
$170/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
Not yet available (City of New Port Richey Utilities)
THE NEIGHBORHOOD

Living in New Port Richey

City of New Port Richey · Pasco County · ZIP 34653 · Flood zone AE
Explore New Port Richey →
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
Single-family homes in New Port Richey, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months185$256,250$1,700/mo46 leases
2 bed75$225,000—
3 bed · this home93$284,500—
4 bed13Not enough sales yet to report on their own
5+ bed4Not enough sales yet to report on their own
All single-family homes · 24 months376$250,000$1,797/mo90 leases
Median price

New Port Richey homes sold for a median of $229,500 in the 12 months to Oct. 11, 2026.

284 sales
Price trend

That's 9.3% above the median for the 12 months before, $210,000.

284 sales this year · 284 sales the prior year
What'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 sales
Not yet available here: rent and time-to-lease for condos.The New Port Richey record: homes, prices, rents, communities and listings →

Location

5517 TROPIC DR, NEW PORT RICHEY, FL 34653

Nearby homes for sale in New Port Richey

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.

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