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5088 Royal Palms Way APT 304, New Port Richey, FL, 34652

3beds
2baths
1,228sqft
$257,900
$210price/sqft
$2,115/moest. monthly cost
$84,600/yrincome needed

About This Home

PRICE IMPROVEMENT! Don't let this one get away! Welcome to the coastal lifestyle you've been dreaming of! This beautifully upgraded 3-bedroom, 2-bath condo in the sought-after Regency Palms community is the perfect blend of modern elegance, comfort, and convenience and all just minutes from downtown New Port Richey and both public and private beaches. Located on the top (third) floor, you'll enjoy cathedral ceilings, peaceful living with no upstairs neighbors, and the convenience of an elevator just steps from your door. Step inside to find a bright, open-concept layout featuring a gourmet kitchen with upgraded cabinetry, granite countertops, stainless steel appliances, and a stylish decorative backsplash. The extended counter offers a great breakfast bar, while the separate dining area is perfect for more formal meals. The spacious living room is ideal for relaxing or entertaining, with sliding glass doors leading to your private balcony providing the perfect place to soak up the Florida sunshine. The primary suite easily accommodates a king-sized bed and includes a generous walk-in closet and a luxurious private bath. The two secondary bedrooms are also generously sized and share a beautifully appointed second bathroom with matching cabinetry and granite countertops. In-unit washer & dryer makes doing laundry a breeze. This condo also has a private 1-car garage PLUS dedicated outdoor parking space and a huge 12’ x 22’ ground-floor bonus room across from the garage. This space can be the perfect media room, gym, office, or just extra storage. Additional amenities include a community pool, spa, grill station, private bathrooms, and fenced dog run. And the cherry on top? You have the option to join the exclusive Gulf Harbors Private Beach Club for just $200/year! where you can enjoy private beach access, covered pavilions, picnic areas, and breathtaking sunsets. This condo has it all in one package...Location, Luxury, and Lifestyle! Schedule your private showing today or contact your agent to schedule a showing! Stunning 3 Bedroom / 2 Bath Condo in Regency Palms – New Port Richey Welcome to the coastal lifestyle you've been dreaming of! This beautifully upgraded 3-bedroom, 2-bath condo in the sought-after Regency Palms community is the perfect blend of modern elegance, comfort, and convenience — all just minutes from downtown New Port Richey and the Gulf of Mexico. Located on the top (third) floor, you'll enjoy cathedral ceilings, peaceful living with no upstairs neighbors, and the convenience of an elevator just steps from your door. Step inside to find a bright, open-concept layout featuring a gourmet kitchen with upgraded cabinetry, granite countertops, stainless steel appliances, and a stylish decorative backsplash. The extended counter offers a great breakfast bar, while the separate dining area is perfect for more formal meals. The spacious living room is ideal for relaxing or entertaining, with sliding glass doors leading to your private balcony — the perfect place to soak up the Florida sunshine. The primary suite easily accommodates a king-sized bed and includes a generous walk-in closet and a luxurious private bath. The two secondary bedrooms are also generously sized and share a beautifully appointed second bathroom with matching cabinetry and granite countertops. Additional features include:

Getting Around

46
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

2/10
Richey Elementary SchoolGrades PK-50.9 mi
2/10
Gulf Middle SchoolGrades 6-81.4 mi
3/10
Gulf High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Block,Slab
  • Roof: Shingle
  • Construction materials: Block,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Washer
  • Laundry features: Laundry Closet

Bathroom2

  • Features: Built-in Closet
  • Level: Third
  • Area: 132
  • Dimensions: 12x11

Bathroom3

  • Features: Built-in Closet
  • Level: Third
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Bonus Room

  • Features: No Closet
  • Level: First
  • Area: 240
  • Dimensions: 12x20

Dinette

  • Features: No Closet
  • Level: Third
  • Area: 63
  • Dimensions: 9x7

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Open Floorplan,Solid Surface Counters,Solid Wood Cabinets,Walk-In Closet(s)
  • Door features: French Doors,Sliding Doors
  • Window features: Blinds,Window Treatments
  • Flooring: Carpet,Laminate,Porcelain Tile
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central,Electric,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,228
  • Total interior livable area: 1,228 sqft

Kitchen

  • Level: Third

Living Room

  • Level: Third
  • Area: 169
  • Dimensions: 13x13

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Third
  • Area: 169
  • Dimensions: 13x13

Property

Details

  • Parcel number: 1626050230010003040
  • Zoning: MPUD
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Balcony,Storage

Lot

  • Lot size: 0.74 Acres

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Lightning
Tornado
Inland Flooding
Tsunami

FEMA Declared Disasters in Pasco County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,304$15,648
Home Insurance *$162$1,944
Property Taxes $452$5,424
Electricity $197$2,366
Total$2,115$25,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,514/yr
40% on housing$63,450/yr
45% on housing$56,400/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.8%
15.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$210This listing

vs Other Active Listings

Avg $/sqft

ZIP 34652$146
Pasco County$153

vs Homes Sold Last Month

Median $/sqft

ZIP 34652$192
Pasco County$204

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-26Price change$257,900
2025-11-30Price change$262,900
2025-10-30Price change$267,900
2025-04-28Price change$274,900
2025-04-07Price change$279,900
2025-03-17Listed for sale$289,000
2024-08-28Listing removed$239,900
2021-08-31Sold$240,000
2021-07-13Pending sale$239,900
2021-07-07Listed for sale$239,900
2016-03-31Sold$142,900

For Sale by Agent

AgentTracey McCaffrey
BrokerageCHARLES RUTENBERG REALTY INC

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