Residential Property - Single Family Residence in Land O Lakes
Listing Price: $496,000
Description of Property
Lakefront investment opportunity with redevelopment and income potential Rare lakefront investment and redevelopment opportunity on nearly 1 acre along highly visible Land O’ Lakes Blvd, positioned within one of Pasco County’s fastest-growing corridors. This R2-zoned property offers exceptional flexibility for investors, builders, or developers seeking a value-add project with significant upside potential. The oversized waterfront parcel presents multiple strategic options, including renovation of the existing structure, redevelopment for custom new construction, or long-term hold as surrounding growth continues to drive demand. With frontage on a major roadway and proximity to expanding residential and commercial development, the property may offer future potential for rezoning or alternative uses, subject to buyer verification and county approval. Additionally, the property may present strong income-producing potential. Short-term rentals are present in the immediate area, including neighboring properties, making this an attractive opportunity for investors seeking to explore vacation rental, long-term rental, or hybrid income strategies, subject to local regulations and buyer verification. Nearly 1-acre lakefront parcels with this level of flexibility, visibility, and redevelopment potential are increasingly rare. Ideal for investors seeking value-add opportunities, builders planning custom or speculative construction, or buyers looking to secure a unique asset with long-term appreciation potential. Conveniently located near major transportation routes, retail expansion, and continued residential growth, further enhancing both usability and future value. Buyer to verify zoning, rezoning potential, rental regulations, and development options with Pasco County.







































Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Land O Lakes
County: Pasco
Subdivision: Hwy Lake Estates
Bedrooms: 3
Bathrooms: 1
Sq. Ft. Gross: 1,377
Sq. Ft. Living Area: 1,299
Cost per (heated) sqare foot: $382
Year built: 1971
Annual Tax: $1,726
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Washer
Fireplace: Yes
Fireplace Features: Wood Burning
Additional Rooms: Bonus Room
Flooring: Ceramic Tile
Pool & Waterfront Info
Private Pool: Not specified
Water Front: Yes
Water Frontage: Lake Front
Water Access: Yes
Water Access Type: Lake
Water Name: GREEN LAKE
Exterior & Construction
Architectural Style: Cottage
Construction: Block
Foundation: Slab
Roof: Metal
Exterior Features: Private Mailbox
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel: Electric
Patio & Porch Features: Screened
View: Water
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Size (acres): 0.95
Lot Size (sq. ft.): 41,245 square feet
Road Frontage: Highway
Front Exposure: West
Legal Description & Other Information
Financing Available: Conventional
Parcel Number: 182516001.0000.00010.0
Zoning: R2
Pets Allowed/Pet Policies: Yes
Tax Legal Desc.: HIGHWAY LAKE ESTS R/V PB 5 PG 110 LOT 10
Section: 16
Range: 18E
Listing courtesy of COLDWELL BANKER PICKETT FENCES REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

