5041 ROYAL PALMS WAY UNIT 302, NEW PORT RICHEY, FL, 34652
Active2 days on marketListed Aug 14, 2026MLS #W7888629
About this home
5041 ROYAL PALMS WAY UNIT 302
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!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,060
Sqft
0.03 ac
Lot size
1
Garage
2015
Year built
One
Levels
$225
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.
$2,388 /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
$2,388/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
+23.5%
$/sqft vs New Port Richey actives
$225 vs $202
Days on market
2 vs 52 typical
Where $225/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.
Where it sits
Inside New Port Richey
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 →
NEW PORT RICHEY 34652 — neighborhood snapshot
Population
25,900
Median age
51.8
Median income
$52,396
Median home value
$198,400
Avg household
2.19
Households w/ children
1,991
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 → $270K
New Port Richey median sold, yr/yr
96.3%
Sale-to-list ratio (12 mo)
249 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 10% 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 5041 ROYAL PALMS WAY UNIT 302
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$280,000
5033 BLUE HERON DRIVE
2 bd · 1 ba · 1,071 sqft · $261/sqft · 59 DOM
Sold · Dec ’25$166,088
4527 FLORAMAR TERRACE
2 bd · 1 ba · 1,040 sqft · $160/sqft · 36 DOM
Sold · Oct ’25$295,000
5949 1ST AVENUE
3 bd · 2 ba · 1,088 sqft · $271/sqft · 8 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 5041 ROYAL PALMS WAY UNIT 302 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5041 ROYAL PALMS WAY UNIT 302 — 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
5041 ROYAL PALMS WAY UNIT 302 FAQs
What would the monthly payment be for 5041 ROYAL PALMS WAY UNIT 302?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,388/mo — principal and interest, the actual property-tax bill, the $393/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 5041 ROYAL PALMS WAY UNIT 302?+
The association fee works out to $393 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 5041 ROYAL PALMS WAY UNIT 302?+
The most recent tax bill on record (2025) was $3,939. 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 5041 ROYAL PALMS WAY UNIT 302?+
The listing reports pets: Cats OK, Dogs OK, 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 $238,000, this home is listed about 16% below the New Port Richey median of $284,000. The market section on this page shows how the area is trending.
Which schools are assigned to 5041 ROYAL PALMS WAY UNIT 302?+
Anclote High School (high), Paul R. Smith 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
$238,000 runs 10% above the NEW PORT RICHEY 34652 median.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 2 days on market in a New Port Richey market that averages 52 — if it fits, move quickly.
Keep looking
Similar homes nearby
Listing courtesy of RIVER RANCH REALTY, LLC · Stephen Luikart. MLS #W7888629.
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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