Residential Property - Single Family Residence in Lutz
Listing Price: $799,000
Description of Property
One or more photo(s) has been virtually staged. One or more photos have been virtually staged. Don’t miss this beautifully remodeled income-producing 4-bedroom, 3-bath home with a dedicated office, spacious loft, and rare first-floor in-law suite — all situated on a serene waterfront lot just under ¾ acre with a brand new roof. Currently tenant-occupied and generating $4,500/month in rental income, this property offers both immediate cash flow and long-term appreciation potential. Boasting over 3,600 square feet of living space and more than $180,000 in upgrades, the home’s expansive layout is perfect for both privacy and entertaining. The first floor features a formal living room, formal dining room, generous family room, office (or fifth bedroom), fully outfitted in-law suite, half bath, and spacious laundry room. The newly renovated kitchen showcases white shaker cabinets, luxury quartz countertops, a stylish backsplash, stainless steel appliances, an electric cooktop with range hood, a built-in wall oven, a microwave, and a large walk-in pantry. Natural light fills the home, enhanced by tranquil water views from multiple rooms, with new wood-look luxury vinyl plank flooring on the first floor and tile in all bathrooms. Upstairs, a large loft sits alongside bedrooms three and four and the expansive master suite with a spa-like bathroom featuring dual vanities, a freestanding soaking tub, and a beautifully tiled shower. Additional upgrades include fresh paint, modern fixtures, and updated plumbing and electrical. Outside, enjoy the oversized backyard, private dock for kayaking or fishing, and peaceful water view. With no HOA, zoning in the highly rated Lutz Prep K-8 and Steinbrenner High School district, and a prime location just 20 minutes from Tampa International Airport, 45 minutes to Clearwater Beach, and close to shopping, dining, and schools, this property is a turnkey investment and a rare opportunity for any portfolio.
Property Details At A Glance
Property Type: Residential
Property Use or Sub Type: Single Family Residence
City: Lutz
County: Hillsborough
Subdivision: Cypress Park
Bedrooms: 4
Bathrooms: 3
Half Baths: 1
Sq. Ft. Gross: 3,796
Sq. Ft. Living Area: 3,815
Cost per (heated) sqare foot: $209
Year built: 1976
Annual Tax: $564
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Water Softener
Flooring: Tile
Pool & Waterfront Info
Private Pool: Not specified
Water Access: Yes
Water Access Type: Lake - Chain of Lakes
Water Name: WILSON
Exterior & Construction
Construction: Wood Siding
Foundation: Slab
Roof: Shingle
Exterior Features: Storage
Garage: Yes
Garage Spaces: 2
Parking Features: RV Parking
Floors in Unit: Two
Cooling: Central Air
Heating & Fuel: Central
Electric:
Patio & Porch Features:
Security Features: Smoke Detector(s)
Other Structures: Storage
View: Water
Fencing:
Sewer: Septic Tank
Water Source: Well
Lot Information
Lot Features: Cul-De-Sac
Lot Size (acres): 0.6
Lot Size (sq. ft.): 26,220 square feet
Front Exposure: North
Legal Description & Other Information
Parcel Number: U1027180IS00000000011.0
Zoning: RSC-4
Tax Legal Desc.: CYPRESS PARK LOT 11
Section: 10
Range: 18
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP. 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.

