Listing Details for MLS # TB8380787
18121 Geraci Road, Lutz, Fl 33548

Residential Property - Single Family Residence in Lutz

Listing Price: $649,888Days on Market: 2

Description of Property

RESIDENCE – 900 Sq FT WORKSHOP - NO HOA – NO CDD – RENTAL INCOME OPPORTUNITY – MULTI-GENERATIONAL LIVING – STEINBRENNER HIGH SCHOOL ZONE This property is a rare gem for anyone looking to combine living, working, and investing — all within the highly sought-after Steinbrenner High School Zone in desirable Lutz, FL. Nestled on a spacious 0.4-acre corner lot, this fenced property blends flexibility and functionality. This Single Family Home has been converted to make 2 distinct Rental Homes. You could live Mortgage Free by purchasing this home, living in one of the Residences and Renting out the other! The main level of the home is the largest…Residence #1, is currently renting for $2,600.00 a month and includes 2 bedrooms, 2 full bathrooms, an office, full kitchen and dining area a great room with wet bar, and a shared laundry area along with use of the 900 sq. ft. Garage/Workshop and use of the 2 car garage. It is also fully fenced utilizing the front lawn for their pets. Residence #2 was rented for $1,400.00 a month and can be entered from the back of the home. You step into Residence #2 via the laundry room into a large living room, then head Upstairs to the privacy of a full owner's suite complete with kitchenette, dining room or office, and a full bath — perfect for multigenerational living or rental income potential. Bring all your toys — the attached 900+ sq ft garage boasts two extra-deep bays, easily fitting 4+ full-sized vehicles. Need more? There’s additional covered parking for your RV or boat near the detached garage that has had air conditioning, constructed with solid block, high ceilings, and 110/220V outlets throughout — it is ideal for storage, hobbyist, mechanics or anyone in need of a professional-grade workspace for their business. The Home had Two New ACs Units installed in 2023 ($12,000); The Flat Roof Sealed in 2024 ($1000); the Septic Cleaned out ($1,500) along with the Well Sealed in 2025. Seller has a clean 4 Point Inspections from 2023. With no HOA restrictions, the possibilities here are endless — and with a current lease on the main residence on a month to month contract, this property offers immediate income potential too. Come make this home your own!The average asking price for a 4 bedroom/3 bath single family residence in this Zip code is $1,090,643. This single family residence is listed at about 60% of the average asking price. There are 4 4 bedroom/3 bath homes between $450,000 and $750,000 currently listed for sale in this Zip code. See other listings like this one »