Marthas Vineyard Homes for Sale

Marthas Vineyard is a residential community in Port Richey, Florida.

Pure Equity Realty covers Marthas Vineyard and the Port Richey area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 2 Marthas Vineyard Port Richey homes for sale as of October 2026. The median asking price is $550,000. Asking prices run from $470,000 to $630,000.

That is 17% above the Port Richey median of $470,000. On a per-foot basis, homes here ask about $273 per square foot, compared with $329 across Port Richey. So the median price buys roughly 2,000 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 67 days on the market. That tracks the Port Richey average of 71 days, so pricing and terms follow the wider city market.

Homes listed in Marthas Vineyard date from 1972 to 2001. That puts them between 25 and 54 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

Here is what the median Marthas Vineyard price means in Florida closing terms. At $550,000, a 20% down payment comes to about $110,000, leaving a loan near $440,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,540. Next, the intangible tax of 0.2% adds about $880. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Marthas Vineyard median, that is about $3,850.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.