
5151 PORPOISE PLACE, NEW PORT RICHEY, FL, 34652
Active7 days on marketListed Aug 13, 2026MLS #TB8538138
About this home
5151 PORPOISE PLACE
Virtually Staged. WELCOME TO A NEW ERA OF WATERFRONT LIVING IN GULF HARBORS—where thoughtful resilience meets modern coastal luxury. This 4-bedroom, 3-bath waterfront home has been ELEVATED and beautifully reimagined, creating a rare opportunity to enjoy the Gulf Coast lifestyle with the primary living areas raised above ground level. From the moment you arrive, the scale of the elevated design makes an impression, providing an expansive 3+ car garage below while creating incredible views from the living spaces and oversized waterfront balcony above. Step inside and nearly everything is brand NEW. The open-concept floor plan was designed for entertaining, with luxury vinyl tile flooring flowing throughout the main living areas and a sophisticated black-and-white kitchen featuring wooden shaker cabinetry, an oversized center island, new appliances, convection range with pot filler, and generous prep and gathering space. Brand new washer and dryer in the laundry room too! Included by the kitchen, a dedicated bar with wine refrigerator makes entertaining effortless. The thoughtfully designed TRIPLE-SPLIT FLOOR PLAN provides exceptional privacy with FOUR bedrooms and THREE full bathrooms, including TWO EN SUITES with MASSIVE walk in closets—ideal for guests, multigenerational living, or anyone looking for their own private retreat. Large impact-rated windows and doors bring in natural light while framing the home’s waterfront setting. Step outside onto the expansive balcony and you’ll immediately understand why the elevation is such an important part of this home’s story. The raised living space provides an incredible vantage point over the canal and WEST-FACING backyard, creating front-row seats to spectacular Florida sunsets. And getting upstairs couldn’t be easier—a PRIVATE BRAND NEW ELEVATOR connects the levels, combining convenience with the home’s elevated design. Downstairs, the waterfront lifestyle takes center stage. Cool off in the SALTWATER RESORT-STYLE POOL, relax beside the waterfall, or head straight to the water. Boaters will appreciate the PRIVATE DOCK and a 24,000-LB BOAT LIFT, making it easy to keep your boat ready for the next Gulf adventure. Major improvements add even more value, including a NEW A/C system, NEW HOT WATER HEATER, whole-home SOLAR PANELS, impact-rated windows and doors, and extensive new interior finishes. This isn’t simply a waterfront home that was updated—it was ELEVATED, REIMAGINED AND DESIGNED FOR THE WAY FLORIDA WATERFRONT LIVING SHOULD FEEL TODAY. Spend mornings by the pool, afternoons on the boat and evenings watching the sun disappear over the water from your balcony dressed in PVC planks. In Gulf Harbors, the water isn’t just the view—it’s the lifestyle. Enjoy access to a private beach for just $200 a year and an active golf cart friendly community with easy access to Downtown New Port Richey.
Facts & features
The home at a glance
4
Bedrooms
3
Bathrooms
2,445
Sqft
0.19 ac
Lot size
3
Garage
1975
Year built
Two
Levels
$573
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 and the real association fee — not generic estimates.
$8,844 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
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
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$8,844/mo
Includes estimated PMI — it drops off once you reach 20% equity. 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
+45.7%
$/sqft vs FLOR A MAR
$573 vs $384
Days on market
7 vs 55 typical
Where $573/sqft sits among the 63 homes for sale in FLOR A MAR
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 Flor-a-mar
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know New Port Richey. See the full New Port Richey guide →
Flor-a-mar — neighborhood snapshot
Population
2,712
Median age
56
Median income
$96,857
Median home value
$435,193
Avg household
2
Households w/ children
136
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
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)
39 of 63
FLOR A MAR have cut their price
Median sold price, New Port Richey, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 567% above the NEW PORT RICHEY 34652 median. See the full New Port Richey market guide →
Paper trail
This home's history
Reality check
What actually sold near 5151 PORPOISE PLACE
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$791,500
4968 SOUTHSHORE DRIVE · same community
4 bd · 2.5 ba · 2,360 sqft · $335/sqft · 335 DOM
Sold · Jan ’26$845,000
5520 BOWLINE BEND · same community
3 bd · 2.5 ba · 2,340 sqft · $361/sqft · 0 DOM
Sold · May ’26$745,000
4964 SOUTH SHORE DRIVE · same community
3 bd · 2.5 ba · 2,577 sqft · $289/sqft · 38 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
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5151 PORPOISE PLACE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5151 PORPOISE PLACE — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5151 PORPOISE PLACE FAQs
What would the monthly payment be for 5151 PORPOISE PLACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,844/mo — principal and interest, the actual property-tax bill, the $10/mo association fee 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.
How much are the HOA fees at 5151 PORPOISE PLACE?+
The association fee works out to $10 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5151 PORPOISE PLACE?+
The most recent tax bill on record (2025) was $7,133. 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 5151 PORPOISE PLACE?+
The listing reports pets: Yes. 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 New Port Richey?+
At $1,400,000, this home is listed about 391% above the New Port Richey median of $284,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5151 PORPOISE PLACE?+
Gulf High School (high), Gulf Middle School (middle) — 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
$1,400,000 runs 567% above the NEW PORT RICHEY 34652 median — but at 2,445 sqft it's also nearly twice the size of the typical New Port Richey listing.
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 7 days on market in a New Port Richey market that averages 55 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of KELLER WILLIAMS REALTY- PALM HARBOR · Jakea Cates. MLS #TB8538138.
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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