5275 MILLER BAYOU DRIVE, PORT RICHEY, FL, 34668
Active1 days on marketListed Oct 18, 2026MLS #O6450769
About this home
5275 MILLER BAYOU DRIVE
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
Facts & features
The home at a glance
2
Bedrooms
1
Bathrooms
1,147
Sqft
0.3 ac
Lot size
1959
Year built
One
Levels
$226
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.
$2,176 /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
$2,176/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
+172.9%
$/sqft vs MARTHAS VINEYARD
$226 vs $246
Days on market
1 vs 57 typical
Where $226/sqft sits among the 9 homes for sale in MARTHAS VINEYARD
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.
Where it sits
Inside Martha's Vineyard
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Port Richey. See the full Port Richey guide →
Martha's Vineyard — neighborhood snapshot
Population
987
Median age
51
Median income
$72,941
Median home value
$305,200
Avg household
2
Households w/ children
112
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Port Richey market
$229K → $229K
Port Richey median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
5 of 9
MARTHAS VINEYARD have cut their price
Median sold price, Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 13% above the PORT RICHEY 34668 median. See the full Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 5275 MILLER BAYOU DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$375,000
8633 OLD POST ROAD · same community
2 bd · 2 ba · 1,172 sqft · $320/sqft · 169 DOM
Sold · Jan ’26$385,000
5420 BAY BOULEVARD · same community
3 bd · 2 ba · 1,364 sqft · $282/sqft · 144 DOM
Sold · Jul ’26$335,000
8510 GREEN STREET · same community
2 bd · 2.5 ba · 1,402 sqft · $239/sqft · 59 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
Anealya Hammad
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5275 MILLER BAYOU DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5275 MILLER BAYOU DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Anealya's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5275 MILLER BAYOU DRIVE FAQs
What would the monthly payment be for 5275 MILLER BAYOU DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,176/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 5275 MILLER BAYOU DRIVE?+
The most recent tax bill on record (2025) was $4,519. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 5275 MILLER BAYOU DRIVE?+
The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Port Richey?+
At $259,000, this home is listed about 4% above the Port Richey median of $249,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5275 MILLER BAYOU DRIVE?+
Richey Elementary School (elementary), Chasco Middle School (middle), Gulf High School (high) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$259,000 runs 13% above the PORT RICHEY 34668 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 1 day on market in a Port Richey market that averages 57 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of BEYCOME OF FLORIDA LLC · Steven Koleno. MLS #O6450769.
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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