5557 SEA FOREST DRIVE 118, NEW PORT RICHEY, FL 34652

Description

Beautiful Waterfront 2-Bedroom Condo with Wrap-Around Balcony & Airbnb Potential. Welcome to this spacious and beautifully decorated 2-bedroom, 2-bathroom condo located on a serene saltwater canal with access to boat slips. While this unit does not come with a deeded slip, there are often slips available for sale or rent — a great option if waterfront living and boating are part of your lifestyle. Boasting over 1,400 square feet of living space, this condo offers a light and airy feel with three sets of sliding glass doors that open onto a screened wrap-around balcony—perfect for enjoying both sunrise and sunset views. Inside, you'll find an open and generously sized living and dining area, plus a modern kitchen featuring: Beautiful laminate flooring, Granite countertops, Stainless steel refrigerator and dishwasher, Ample cabinetry and eat-in space. The split-bedroom layout offers privacy, with the primary suite featuring: King-size bed, Dual vanity bathroom with separate tub and shower, Walk-in closet, Private sliding door to the balcony. Additional features include a full-size laundry room with washer and dryer, and the condo comes fully furnished if desired. Plus, short-term rentals (e.g., Airbnb) are allowed, making this an excellent investment opportunity. Located on the first floor above the parking garage, the unit provides both convenience and security. Owners enjoy covered parking in the garage with one reserved space, along with additional guest parking outside. The Community offers 2 pools, community boat ramp, tennis and pickle ball courts. Monthly fees include internet, basic cable, sewer, trash, pest control, exterior maintenance, roof repair and more. Community has access to Gulf Harbors private beach also for an optional fee of $200 per year . Don’t miss your chance to own this stunning waterfront condo in a desirable community — ideal for full-time living, a vacation getaway, or an income-producing rental! Seller will do owner financing with a 5 year balloon with 20% down; fed rate or lower. Owner will assist with buyer's closing costs!!! Also, listed as a seasonal rental. Typical Peak Season Rental Rates for Jan - April is $3500 - $4,000 per month

Property Information

Property Features

Interior:

Elevator, Crown Molding, Eat-in Kitchen, Walk-In Closet(s)

Exterior:

Balcony, Dock

Appliances:

Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Cooling:

Central Air

Heating:

Central, Electric, Heat Pump

Flooring:

Carpet, Laminate, Tile

Parking:

Covered, Guest

Laundry:

Inside, Laundry Room

Patio:

Covered, Enclosed, Screened, Wrap Around

Lot Features:

Waterfront

Construction:

Block, Concrete, HardiPlank Type

Foundation:

Slab

Roof:

Shingle

Windows:

Window Coverings, Blinds, Window Treatments

Community:

Clubhouse, Pool, Street Lights

Utilities:

Cable Available, Cable Connected, Sewer Connected, Water Connected

Sewer:

Public Sewer

Water Source:

Public

Rooms

• Great Room14x28First
• Kitchen13x18First
• Master Bedroom14x12First

HOA & Tax

HOA:

Qualified Property Management — $90/Monthly

Annual Tax:

$4,044 (2024)

Parcel #:

16-26-07-007.A-000.00-118.0

Directions

From US 19 go west on Marine Parkway, take a right on Sea Forest Dr, then left into Heather Cove. There's guest parking by the pool. Building 5557.

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