4939 FLORAMAR TERRACE UNIT 501, NEW PORT RICHEY, FL, 34652
Active97 days on marketListed May 11, 2026MLS #TB8506968
About this home
4939 FLORAMAR TERRACE UNIT 501
Live the Florida waterfront lifestyle in this beautifully maintained 1-bedroom, 1-bath condo located in the desirable Sea Castle Condominium community within Gulf Harbors. Situated on the 5th floor, this light and bright unit offers stunning canal views leading directly to the Gulf, creating the perfect backdrop for relaxing mornings and peaceful sunsets. Inside, the spacious floor plan features an open living and dining area filled with natural light, along with a bright sunroom overlooking the water that provides additional living space ideal for a sitting area, office, or reading nook. Unlike many units in the community, this condo features an updated open-concept kitchen with newer cabinetry, quartz countertops, stainless steel appliances, and LED lighting, creating a more modern and functional layout for everyday living and entertaining. The generously sized bedroom offers ample closet space, while additional hallway closets and a utility/pantry closet provide plenty of storage. Offered fully furnished, this condo is move-in ready and perfect for year-round living, a seasonal retreat, or an investment opportunity. Residents enjoy resort-style amenities including a heated waterfront pool, fishing dock, shuffleboard courts, BBQ and grilling area, library, game room, workshop, secure lobby, laundry facilities, bike and kayak storage, plus an additional private storage closet on the ground floor. For boating and beach lovers, optional membership is available to the exclusive Gulf Harbors Private Beach Club for just $200 annually, offering private beach access with white sand and breathtaking Gulf sunsets. Nearby public boat ramps and marinas provide easy access for boating, kayaking, and fishing adventures. The monthly condo fee includes cable, internet, water, sewer, trash, and pest control for truly low-maintenance living. Conveniently located just minutes from downtown New Port Richey, you’ll enjoy easy access to waterfront dining, local shops, entertainment, Sims Park, medical facilities, and the historic Richey Suncoast Theatre. Whether you're searching for a waterfront getaway or a full-time Florida home, this condo offers the perfect blend of comfort, convenience, and coastal charm.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
702
Sqft
0.02 ac
Lot size
1975
Year built
One
Levels
$195
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.
$1,244 /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
$1,244/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.
$/sqft vs New Port Richey actives
$195 vs $202
Days on market
97 vs 52 typical
Where $195/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)
247 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 37% below 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 4939 FLORAMAR TERRACE UNIT 501
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$125,000
4939 FLORAMAR TERRACE UNIT 501 · same community
1 bd · 1 ba · 702 sqft · $178/sqft · 72 DOM
Sold · Sep ’25$120,000
4939 FLORAMAR TERRACE UNIT 810 · same community
1 bd · 1 ba · 715 sqft · $168/sqft · 160 DOM
Sold · Sep ’25$142,500
4939 FLORAMAR TERRACE UNIT 902 · same community
1 bd · 1 ba · 715 sqft · $199/sqft · 118 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
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 4939 FLORAMAR TERRACE UNIT 501 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4939 FLORAMAR TERRACE UNIT 501 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
4939 FLORAMAR TERRACE UNIT 501 FAQs
What would the monthly payment be for 4939 FLORAMAR TERRACE UNIT 501?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,244/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 4939 FLORAMAR TERRACE UNIT 501?+
The most recent tax bill on record (2025) was $2,614. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in New Port Richey?+
At $136,900, this home is listed about 52% 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 4939 FLORAMAR TERRACE UNIT 501?+
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
01Under the NEW PORT RICHEY 34652 market on paper
$136,900 is 37% below the NEW PORT RICHEY 34652 median of $216,250, and at $195/sqft it sits under the New Port Richey average of $214.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03The price has already moved
Listed at $149,900, now $136,900 — a $13K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of REAL BROKER, LLC · Robert Johnson. MLS #TB8506968.
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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