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$238,000

5041 ROYAL PALMS WAY UNIT 302, NEW PORT RICHEY, FL 34652

3D Tour
Active10 days on market

Beds

2

Baths

2

Sq Ft

1,060 sq ft

Year Built

2015

Lot Size

0.03 acres

Garage

1

About This Property

Enjoy the best of Florida living in this beautifully appointed 2-bedroom, 2-bath condo in Regency Palms, just minutes from Downtown New Port Richey and the Gulf! This spacious 1,060-square-foot home features an open, split-bedroom floor plan with soaring ceilings and a bright living area that flows seamlessly into the kitchen and dining space. The kitchen offers 42-inch cabinetry, granite countertops, stainless steel appliances, a breakfast bar and pantry. Step outside onto your private balcony overlooking the peaceful wooded surroundings—the perfect spot for morning coffee or an evening drink. The primary suite features a generous walk-in closet and private bath with granite and a travertine shower, while the guest bedroom and full bath provide plenty of privacy for visitors. A one-car attached garage plus additional bonus/storage space offers flexibility rarely found in condo living. Regency Palms residents enjoy community amenities including a pool and spa, dog park, grilling area and more. For an additional annual membership fee of approximately $200, owners may also enjoy access to the private Gulf Harbors Beach Club, where sunsets on the Gulf can become part of your everyday Florida lifestyle. And when you're ready for dinner or a night out, Downtown New Port Richey's restaurants, breweries and local favorites like SteamWorks Pub are just minutes away. Low-maintenance living, private beach access and a thriving downtown—all waiting for you!

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #W7888629
StatusActive
Year Built2015
Stories1
Total Rooms5
ConstructionBlock
RoofShingle
FoundationSlab
FacesSouth
SubdivisionREGENCY PALMS CONDOS
CountyPasco
OwnershipFee Simple

Interior Features

InteriorEating Space In Kitchen, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Vaulted Ceiling(s)
FlooringCeramic Tile, Laminate
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator
LaundryInside, Laundry Closet
WindowsShades, Window Treatments
CoolingCentral Air
HeatingCentral, Heat Pump

Exterior & Lot

ExteriorBalcony, Courtyard, Dog Run, Sidewalk
Lot Size0.03 acres (1,224 sq ft)
Road SurfaceAsphalt
ViewWater

Pool & Spa

Private PoolNo
Pool FeaturesIn Ground
SpaIn Ground

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesPublic

Parking

GarageYes (1 spaces)

HOA & Community

HOAYes
HOA Fee$393 / Monthly
Senior CommunityNo

Financial Details

List Price$238,000
Annual Taxes$3,939 (2025)
FinancingCash, Conventional, FHA, Lease Purchase, Owner May Carry, VA Loan
ZoningMPUD
Parcel #162605023.0004.00302.0

Schools

ElementaryRichey Elementary School
MiddleGulf Middle-PO
HighGulf High-PO

Directions

From US 19 and Main St. go west on Main St. and the property is on the right

Location

5041 ROYAL PALMS WAY UNIT 302, NEW PORT RICHEY, FL 34652

Listing Information

OfficeRIVER RANCH REALTY, LLC
ListedAugust 14, 2026

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Home Price

$238,000

20% ($47,600)
6.75%

Loan Term

Principal & Interest$1,235
Property Tax (est.)$218
Insurance (est.)$150
Total Monthly$1,603
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $238,000 home in NEW PORT RICHEY.

🏛️

FHA Loan

$8,330 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

$11,900 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: August 24, 2026.

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