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$259,000

5275 MILLER BAYOU DRIVE, PORT RICHEY, FL 34668

Active1 days on market

Beds

2

Baths

1

Sq Ft

1,147 sq ft

Year Built

1959

Lot Size

0.30 acres

Garage

0

About This Property

ULTIMATE PRIVACY .Best location in Port Richey with around 0.3 acres for RENTING. Opportunity to own a piece of Paradise and build your dream custom waterfront home on this beautiful oversized lot that is almost a half an acre. Property is on a cul-de-sac, peaceful and friendly neighborhood. No rear neighbors. The asking price is only for the lot to build a two or three story Stilt house. Huge yard for parking big boat, trailer or many cars. Two sides covered with water. Space to enjoy amazing sunset views of the Gulf of Mexico from your backyard. You can drive your Golf Cart. Great kayaking, fishing ( snapper, redfish , mangrove ) and boating from your backyard. City of Port Richey police and fire response is quick. You already have an address, electricity, water, internet connections for your new custom Stilt home to be built here. A floating dock is already in place. Previous owner had very successful Airbnb business and possible to be $250-$300 daily rent. There are state parks within a mile with park facilities and boat ramp. Walkable distance to US 19. Owner will remove the monkey bar and playhouse after the sale. Only few months left for the new owner to start RENTING in 2026. NO HOA FEES, NO CDD and NO DEED RESTRICTIONS. Walking distance to WAWA gas station, Walmart, Dunkin Donuts, McDonald's, Thai restaurant. Close to shopping and medical facilities. 1 mile to Red Lobster, Starbucks, Panera Bread, LongHorn Steakhouse, Chili's, Olive Garden, Chipotle Mexican Grill, Walgreens, Whiskey Joe's Bar and Grill etc

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #O6450769
StatusActive
Year Built1959
Total Rooms7
ConstructionBlock
RoofOther
FoundationSlab
FacesEast
SubdivisionMARTHAS VINEYARD
CountyPasco
OwnershipFee Simple

Interior Features

InteriorCeiling Fan(s)
FlooringLuxury Vinyl
AppliancesNone
LaundryElectric Dryer Hookup
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorSliding Doors
Lot Size0.30 acres (13,068 sq ft)
Road SurfaceAsphalt
0

Waterfront

WaterfrontYes
FeaturesBayou

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Available

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$259,000
Annual Taxes$4,519 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningR1
Parcel #162529005.0000.00003.0

Schools

ElementaryRichey Elementary School
MiddleChasco Middle-PO
HighGulf High-PO

Directions

Drive west on River Gulf Road. Right to Bayview St. Right to Cotee Ave. Left to Old Post Road. Left to Bay Bld. Right to Miller Bayou Drive. You have arrived at your destination.

Location

5275 MILLER BAYOU DRIVE, PORT RICHEY, FL 34668

Listing Information

OfficeBEYCOME OF FLORIDA LLC
ListedOctober 18, 2026

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Home Price

$259,000

20% ($51,800)
6.75%

Loan Term

Principal & Interest$1,344
Property Tax (est.)$237
Insurance (est.)$150
Total Monthly$1,731
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $259,000 home in PORT RICHEY.

🏛️

FHA Loan

$9,065 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$12,950 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pasco County SHIP

Varies

Income-qualifying Pasco residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: October 19, 2026.

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