5324 REEF DRIVE, NEW PORT RICHEY, FL, 34652
Active9 days on marketListed Sep 11, 2026MLS #O6439236
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Sun, Sep 20
9:00 AM – 7:00 PM
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Mon, Sep 21
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Tue, Sep 22
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Wed, Sep 23
9:00 AM – 7:00 PM
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Thu, Sep 24
9:00 AM – 7:00 PM
Agent will not be present at open house
About this home
5324 REEF DRIVE
5324 Reef Dr is a single-story New Port Richey home set on a corner lot with an open main living area. The kitchen features granite countertops, a center island, and stainless steel appliances, providing generous room for meal preparation and storage. A brick fireplace anchors the main living area, adding warmth and a natural focal point. The primary bedroom includes ample space, and the additional bedrooms and full bathrooms extend the usable living space. An in-ground pool sits within a fully fenced backyard, creating a defined area for outdoor recreation. An attached one-car garage completes this well-maintained residence with practical amenities throughout every room. Included 100-Day Home Warranty with buyer activation
Facts & features
The home at a glance
4
Bedrooms
2
Bathrooms
1,546
Sqft
0.14 ac
Lot size
1
Garage
1973
Year built
One
Levels
$178
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$2,020 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,020/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−13.4%
$/sqft vs New Port Richey actives
$178 vs $197
Days on market
9 vs 55 typical
Where $178/sqft sits among the 400 New Port Richey actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside Spring Lake, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$1,800/mo median
Live New Port Richey rental listing data — this home’s rate depends on size, condition and furnishing.
Where it sits
Inside Spring Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Spring Lake is a short-term-rental community. See the full guide →
The numbers that matter
The New Port Richey market
$280K → $275K
New Port Richey median sold, yr/yr
96.4%
Sale-to-list ratio (12 mo)
262 of 400
New Port Richey actives have cut their price
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3% below the New Port Richey median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 5324 REEF DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$360,000
2850 SPRING LAKE DRIVE · same community
3 bd · 2 ba · 1,681 sqft · $214/sqft · 107 DOM
Sold · Dec ’25$325,000
15590 NE 50TH STREET · same community
3 bd · 3.5 ba · 1,699 sqft · $191/sqft · 36 DOM
Sold · Jun ’26$264,000
5325 DEVRIES DRIVE · same community
3 bd · 2 ba · 1,310 sqft · $202/sqft · 33 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Anthony Richardson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5324 REEF DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5324 REEF DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anthony's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5324 REEF DRIVE FAQs
What would the monthly payment be for 5324 REEF DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,020/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5324 REEF DRIVE?+
The most recent tax bill on record (2025) was $1,430. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 5324 REEF DRIVE be rented short-term?+
Yes — this home sits inside Spring Lake, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
How does the price compare to other homes in New Port Richey?+
At $275,000, this home is listed about 3% below the New Port Richey median of $284,900. The market section on this page shows how the area is trending.
The brief
Three things that matter here
01Under the New Port Richey market on paper
$275,000 is 3% below the New Port Richey median of $284,900, and at $178/sqft it sits under the New Port Richey average of $216.
02Zoned for nightly rentals
Spring Lake is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
Keep looking
Similar homes nearby
Listing courtesy of OPENDOOR BROKERAGE LLC · Karen Albright. MLS #O6439236.
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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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