Licensed Florida Real Estate BrokerageIntegrated Closing ServicesMLS AccessBuy With or Without an Agent

List Price

$774,900

5517 Tropic, New Port Richey, FL 34653

62 days on market↓ $25K from original list price

Estimated Payment

$5,328/mo

20% down and current market rates

Bedrooms3 bdBathrooms2 baLiving area2,232 Square FeetYear builtBuilt 1999

Listed by

LORI Smith, PA

BEST OF THE GULF REALTY INC

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MOTIVATED SELLER- Price Improvement- 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 room and living room are open with 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, an amazing 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.

5517 Tropic, New Port Richey, FL 34653 in New Port Richey, FL 34653 is listed for $774,900. The home has 3 bedrooms, 2 bathrooms, and 2,232 square feet, and was built in 1999. Listed 62 days ago. The price was reduced from $799,900. The listing is held by BEST OF THE GULF REALTY INC.

34653 Market Report

Interested? Here's what happens next.

From showing to closing, HomeJam keeps the process moving.

  1. 1

    TOUR

    Step 1

    Tour the Home

    Pick a time and verify your identity. HomeJam sends the request to the listing side.

  2. 2

    OFFER

    Step 2

    Make Your Offer

    Choose your price, financing, deposit, closing date and terms.

  3. 3

    AGREE

    Step 3

    Agree on Terms

    The seller can accept, counter or decline until both sides agree.

  4. 4

    SIGN

    Step 4

    Sign Online

    HomeJam prepares the Purchase Agreement from the agreed terms for electronic signature.

  5. 5

    CLOSE

    Step 5

    Close

    HomeJam keeps your closing, documents, milestones and next steps together.

Understand the Cost of This Home

Property Costs

Annual property tax$5,866 (tax year 2025)

Do not rely on the reported annual tax as what you would pay. A change of ownership triggers reassessment, so the tax bill after a sale is often higher than the current owner pays.

Monthly Cost Estimate

Monthly Cost Estimate

An estimate of your monthly payment for this home, with 20% down on a Conventional loan, based on the latest published rate.

Illustrative estimate

Loan Program

Choose a loan type to see how it changes the estimate.

20%

Down payment (20% of price): $154,980

$

$5,328/moest.

  • Principal & Interest 79%
  • Property Taxes 9%
  • Insurance 12%
Principal & Interest
$4,193
Property Taxesfrom listing
$489
Insurance
$646

30-year fixed at 7.164%, as of November 10, 2026

At 20% down, a loan on this home is conforming.

Assumptions

Conventional: upfront fee none, annual mortgage insurance none; fee schedule effective January 1, 2026.

Mortgage rate: 7.164% for a 30-year fixed loan (Optimal Blue daily, published November 10, 2026). Your actual rate depends on your credit, loan type, and lender.

Down payment: 20% of the list price. PMI is included when the down payment is below 20%.

Property taxes: based on the listing's reported annual tax. Taxes are often reassessed after a sale, so your amount may differ.

Home insurance: estimated at about 1% of the price per year. Florida premiums frequently run higher than the national average -- get a real quote before relying on this number.

HOA dues: taken from the listing's association fees. One-time special assessments and capital contributions are not included.

Affordability bands: based on common debt-to-income guidelines (about 28% of income toward housing, 36% toward total debt). Individual lenders set their own limits.

This is an illustrative estimate, not a Loan Estimate, quote, or credit decision. It uses common debt-to-income guidelines and the current published 30-year rate. Actual costs and loan terms require pre-qualification with a licensed lender.

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Frequently Asked Questions

The estimated monthly payment is $5,328, based on 20% down at current market rates. This is an estimate and does not include every cost of ownership.

The annual property tax is $5,866 for tax year 2025. Do not rely on this amount as what you would pay. A change of ownership triggers reassessment, so the tax bill after a sale is often higher than the current owner pays. Contact the county property appraiser for an estimate.

Use the Schedule a Tour button on this page to submit a tour request. HomeJam forwards your request to the listing brokerage for this home.

Yes. You can submit an offer through HomeJam on this page, with or without a buyer's agent. If you already work with an agent, they can make offers and manage the transaction for you through HomeJam too.

Once you and the seller agree on terms, HomeJam prepares the Purchase Agreement using those terms. After both sides eSign, your transaction moves into HomeJam's closing experience with documents, milestones, and next steps organized in one place.

Data courtesy of Stellar MLS as distributed by MLS GRID as of Oct 13, 2026 2:36 PM ET through Oct 14, 2026 2:36 PM ET. MLS# MFR806261667. HomeJam is not the listing broker.

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