$500,000

5016 MARLIN DRIVE, New Port Richey, FL 34652

  • 3 beds |
  • 2 baths |
  • 2,006 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $249/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

*ATTENTION INVESTORS AND SAVVY OWNER OCCUPANTS* Incredibly rare waterfront investor special in the highly desirable Gulf Harbors community of New Port Richey, just one block from the open Gulf with no bridges. The owner’s retirement offers you the rare chance to secure this spacious 3 bed / 2 bath, 2,006 sqft pool home on a large corner lot with over 95 ft of water frontage, immediate deep-water Gulf access, and major remediation already completed. While some finishing touches are still needed, the heavy lifting has already been done, making this an ideal opportunity for savvy owner-occupants, investors, and flippers looking to create serious value in a true Florida waterfront setting. So what makes this one so special? 1) Flood remediation and major fixes are complete, just come in, add your finishing touches, and bring the property fully back to life. 2) Over 95 ft of water frontage with a stationary boat dock and floating dock system, with immediate deep-water Gulf access just one block from the open Gulf with no bridges. 3) Large outdoor pool deck overlooking the water, complete with a tiki bar for entertaining and enjoying evenings and days in the Florida sun. 4) Newly updated chef’s kitchen complete with new solid wood cabinets, ample counter space on newly added luxury granite countertops, gleaming stainless steel appliances and a large fume hood. 5) Pool heated by solar pool-heating mats on roof. 6) Oversized large 2-car garage providing excellent space for vehicles, storage, tools, hobby gear, and toys. 7) Large corner lot in a waterfront community known for boating, beach access, and coastal living. 8) Located in the Gulf Harbors, offering access to boat ramps, a yacht club, a clubhouse, riverfront restaurants, and optional membership to the private Gulf Harbors Beach Club for just $200 annually, including gated beach access, cabanas, picnic areas, private bathrooms, and showers. 10) Just 6 minutes from vibrant downtown New Port Richey, with waterfront dining, local boutiques, breweries, live entertainment, and beautiful Sims Park along the scenic Cotee River. 11) Convenient location with Tampa International Airport and Clearwater beach just 50 minutes away, giving you waterfront living with easy access to the rest of Tampa Bay. With deep-water Gulf access, a large waterfront pool deck, dock system, updated kitchen, and remediation already completed, this property offers an exceptional canvas for your next flip, vacation home, short-term rental, or long-term waterfront hold. Easy to show. Feel free to soft pitch before writing anything up. MLS info sheet and disclosures available. No assignable contracts accepted.

Listing Status:
Active
Date Added:
July 23, 2026
Data Last Updated:
July 27, 2026 at 6:21AM
Listing Office:
RICHARD PETERS REALTY LLC : 786-418-1388
Listing Agent:
Alexander Izikson : 781-996-9676
MLS ID:
TB8531647
  • General: Primary Bedroom Main Floor
  • Appliances: DishwasherElectric Water HeaterRangeRange HoodRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: TileVinyl
  • A/C: Central Air
  • Heating: CentralElectric
  • Eco/Green Feature: PoolSolar
  • General: Outdoor Grill
  • Pool: HeatedSolar Heat
  • Roofing: Tile
  • General: BlockConcreteStuccoOneBlock
  • Road/Access: Asphalt
  • HOA Amenities: 125.0Annually
  • Originating MLS: Stellar MLS
  • County: Pasco
  • Zoning: R4FLOR-A-MAR SUBDIVISION SEC C-8 PB 10 PG 33 LOT 44 BLOCK 17 & POR DESC AS COM AT NE COR OF SAID LOT 44 FOR POB TH S89DEG30'16"E51.47 FT TH S02DEG54'11"W 19.42 FT TO PT ON MEAN HIGH WATER LINE OF CANAL TH S89DEG37'36"W 26.18 FT TH S40DEG34'10"W 28.99 FT TH S01DEG56'49"W 40.03 FT TH N89DEG30'16"W4.80 FT TO SE COR OF SAID LOT 44 TH N00DEG29'44"E 82.00 FT TO POB SUBJECT TO PERPETUAL DRAINAGE EASEMENT PER OR 7511 PG 1978 OR 6618 PG 958 OR 8337 PG 179613-26-15-0010-01700-0440
  • Utilities: Electricity ConnectedSewer Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Stellar MLS
  • Ownership: Fee Simple

This listing courtesy of Alexander Izikson , RICHARD PETERS REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby