21502 Northwood Drive, Lutz, FL 33549

Property Description

WATERFRONT LUTZ HOME | 2022 ROOF | NEWER A/C | NO HOA | NO CDD Welcome to 21502 Northwood Dr, Lutz, FL 33549, a waterfront single-family home in the established Foxwood neighborhood offering peaceful pond views, flexibility, and an excellent opportunity to own in a desirable Tampa Bay location. This 2-bedroom, 2-bath home offers approximately 1,156 square feet of living space and sits directly along the water, creating a private and relaxing backyard setting with no rear neighbor directly behind the home. Major improvements include a roof replaced in 2022 and central electric A/C approximately 3 years old, helping address two of the major items buyers often consider when purchasing a Florida home. The property also features public water and public sewer. One of the biggest advantages is the freedom this property offers: NO HOA, NO CDD, and no leasing restrictions. That makes it a great option for a first-time home buyer, primary residence, seasonal home, or long-term property investment. The home offers an opportunity for a buyer to make it their own while benefiting from the property's location, waterfront setting, and future resale potential. Based on current market expectations, the estimated resale value after appropriate improvements may be approximately $350,000–$360,000, subject to buyer's independent verification and market conditions. Conveniently located in Lutz within the Tampa Bay area, with easy access to US-41, I-275, State Road 54, New Tampa, Wesley Chapel, and Tampa. Shopping, restaurants, recreation, parks, and everyday conveniences are nearby, with access to destinations such as Lake Rogers Park, Lettuce Lake Park, New Tampa Nature Park, the University of South Florida area, and Tampa Premium Outlets. Assigned schools include Lake Myrtle Elementary, Charles S. Rushe Middle School, and Sunlake High School. Based on public school records, Charles S. Rushe Middle School is an A-rated Pasco County school that has been recognized on the Florida Department of Education's School of Excellence list in multiple years. Per available public records, the structure is shown outside the Special Flood Hazard Area. Buyer and Buyer’s Agent to independently verify current flood zone and insurance requirements. Whether you are a first-time home buyer looking for a waterfront home in Lutz, a buyer seeking a property with no HOA or CDD, or someone looking for a home with long-term flexibility and resale potential, 21502 Northwood Dr offers a unique opportunity in the Tampa Bay market.