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For salePrice cut: $10K (10/13)
$419,900
3beds
1,799sqft

87 1ST AVENUE NW, LUTZ, FL 33548

3beds
1,799sqft
Single Family Residence
Built in 1988
0.59 Acres Lot
$416,500 Zestimate®
$233/sqft

What's special

Spacious upstairs loftAbundant closet spaceLakefront homeOversized lotSoaring ceilingsWood-burning fireplacePeaceful waterfront views

MAJOR PRICE REDUCTION – NOW $419,900! WATERFRONT LIVING ON .59 ACRES IN THE HEART OF LUTZ! NO HOA, NO CDD FEES, AND STEINBRENNER HIGH SCHOOL DISTRICT! An exceptional opportunity to own a waterfront home on over half an acre at an attractive new price! Tucked away at the end of a quiet dead-end street in desirable downtown Lutz, this 3-bedroom, 2.5-bath home offers 1,801 square feet of living space, a peaceful setting, and a rare combination of privacy, location, and value. Step inside to discover soaring ceilings, a charming sunken living room with a wood-burning fireplace, and an updated kitchen featuring granite countertops, wood cabinetry, and a walk-in pantry. The desirable FIRST-FLOOR PRIMARY SUITE features private access to the screened lanai and an updated en-suite bath with dual vanities, a spacious tiled shower, and generous closet space. Upstairs, two additional bedrooms, a full bath, and a versatile loft provide flexible space for a home office, playroom, or second living area. THE OUTDOOR SETTING IS WHAT TRULY SETS THIS PROPERTY APART! Enjoy an expansive, park-like .59-acre lot with mature surroundings, direct lake access, and plenty of room to relax, entertain, or enjoy the Florida lifestyle. Bring your kayak, canoe, or fishing gear and experience waterfront living right from your own backyard! Recent improvements include EXTERIOR PAINT (2025), NEW WATER SOFTENER SYSTEM (2025), ROOF (2019), AND UPDATED BATHROOMS. Location is another standout feature! Situated in the heart of Lutz with convenient access to US-41, I-275, and the Suncoast Parkway, this property offers easy connectivity to shopping, dining, entertainment, and the greater Tampa Bay area. NOW OFFERED AT JUST $419,900! Waterfront living, nearly .60 acres, a first-floor primary suite, NO HOA or CDD fees, and the sought-after Steinbrenner High School district—all at a compelling new price! DON'T MISS THIS OPPORTUNITY. SCHEDULE YOUR PRIVATE SHOWING TODAY!

123 days
1,992
204
Source: Stellar MLS,MLS#: TB8519979MLS LogoOriginating MLS: Sarasota - Manatee
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Cindy Greco 813-240-8300,

EXP REALTY LLC 888-883-8509

Source: Stellar MLS,MLS#: TB8519979MLS LogoOriginating MLS: Sarasota - Manatee

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
Rooms
  • Room types: Bonus Room
Primary bedroom
  • Features: En Suite Bathroom, Walk-In Closet(s)
  • Level: First
  • Area: 151.2 Square Feet
  • Dimensions: 12x12.6
Bedroom 2
  • Features: Walk-In Closet(s)
  • Level: Second
  • Area: 137.76 Square Feet
  • Dimensions: 12.4x11.11
Bedroom 3
  • Features: Built-in Closet
  • Level: Second
  • Area: 137.76 Square Feet
  • Dimensions: 12.4x11.11
Primary bathroom
  • Level: First
  • Area: 156.09 Square Feet
  • Dimensions: 12.1x12.9
Kitchen
  • Level: First
Living room
  • Level: First
  • Area: 229.1 Square Feet
  • Dimensions: 15.8x14.5
Heating
  • Central
Cooling
  • Central Air
Appliances
  • Included: Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
Features
  • Ceiling Fan(s), Primary Bedroom Main Floor, Stone Counters, Vaulted Ceiling(s)
  • Flooring: Carpet, Ceramic Tile
  • Has fireplace: Yes
  • Fireplace features: Living Room, Masonry, Wood Burning
  • Common walls with other units/homes: End Unit
Interior area
  • Total structure area: 2,671
  • Total interior livable area: 1,799 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Circular Driveway, Driveway, Garage Faces Side
  • Attached garage spaces: 2
  • Has uncovered spaces: Yes
Features
  • Levels: Two
  • Stories: 2
  • Exterior features: Private Mailbox
  • Fencing: Wood
  • Has view: Yes
  • View description: Water, Lake
  • Has water view: Yes
  • Water view: Water,Lake
  • Waterfront features: Lake Front, Lake Privileges
  • Body of water: LUTZ LAKE
Lot
  • Size: 0.59 Acres
  • Features: In County, Street Dead-End
Details
  • Parcel number: U1227180JF00000100001.0
  • Zoning: LDC
  • Special conditions: None

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Block, HardiPlank Type, Wood Frame
  • Foundation: Slab
  • Roof: Shingle
Condition
  • Completed
  • New construction: No
  • Year built: 1988

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Well
  • Utilities for property: Electricity Connected

Community & HOA

Community
  • Security: Smoke Detector(s)
  • Pet fee: $0 monthly
  • Subdivision: WEST NORTH TAMPA
HOA
  • Has HOA: No
Location
  • Region: Lutz

Financial & listing details

  • Price per square foot: $233/sqft
  • Annual tax amount: $3,164
  • Date on market: 6/17/2026
  • Cumulative days on market: 124 days
  • Listing terms: Cash,Conventional,FHA,VA Loan
  • Ownership: Fee Simple
  • Total actual rent: 0
  • Electric utility on property: Yes
  • Road surface type: Gravel, Paved

Price history

DateEventPrice
10/13/2026Price change$419,900-2.3%$233/sqft
Source: Stellar MLS #TB8519979 Report a problem
9/29/2026Price change$429,900-1.1%$239/sqft
Source: Stellar MLS #TB8519979 Report a problem
9/17/2026Price change$434,900-1.1%$242/sqft
Source: Stellar MLS #TB8519979 Report a problem
7/30/2026Price change$439,900-2.2%$245/sqft
Source: Stellar MLS #TB8519979 Report a problem
7/14/2026Price change$450,000-3.2%$250/sqft
Source: Stellar MLS #TB8519979 Report a problem
6/17/2026Listed for sale$465,000+10.1%$258/sqft
Source: eXp Realty #TB8519979 Report a problem
4/8/2025Sold$422,500+0.6%$235/sqft
Source: Stellar MLS #TB8305274 Report a problem
3/9/2025Pending sale$420,000$233/sqft
Source: Stellar MLS #TB8305274 Report a problem
3/2/2025Price change$420,000-4.5%$233/sqft
Source: Stellar MLS #TB8305274 Report a problem
1/31/2025Price change$439,900-2.2%$245/sqft
Source: Stellar MLS #TB8305274 Report a problem
1/3/2025Listed for sale$449,900$250/sqft
Source: Stellar MLS #TB8334494 Report a problem
11/21/2024Listing removed$449,900-4.1%$250/sqft
Source: Stellar MLS #TB8305274 Report a problem
10/23/2024Price change$469,000-3.3%$261/sqft
Source: Stellar MLS #TB8305274 Report a problem
9/20/2024Listed for sale$485,000$270/sqft
Source: Stellar MLS #TB8305274 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment
$2,915/mo
Principal & interest
$2285
Property taxes
$630
More affordability toolsChevron Right

Estimated market value

$416,500

$396,000 - $437,000

$2,780/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 33548

Nearby schools

Lutz K-8 School
Grades PK-8 • 0.4 miles
8/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
8/10
Steinbrenner High School
Grades 9-12 • 4.4 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
9/10
Student Progress Rating
5/10
Buchanan Middle School
Grades 6-8 • 4.5 miles
3/10
GreatSchools® Rating
Test Score Rating
2/10
Student Progress Rating
3/10