$839,000
SOLD MAY 19, 2025

17501 Brown Rd Odessa, FL 33556

4 Beds
4 Baths
2,836 Sq Ft
0.68 Acres

Recently Sold

$296 Per Sq Ft

56% Below List Price

274 Days on Market

Highlights

  • Lake Front
  • Dock has access to electricity and water
  • Whole House Reverse Osmosis System
  • Hammond Elementary School Rated A-
  • Garage Apartment
  • 0.68 Acre Lot

About This Home

As of May 2025

METICULOUSLY MAINTAINED! This is your chance to own a very unique, MINI RESORT, Lakefront oasis in the heart of Odessa. 18 minutes to TIA. Less than 10 minutes from St. Joseph's Hospital. This home is one of 3 stilted homes on a spring-fed lake in all of Florida. Boasting 87 feet of prime water-frontage, this property has been owned, maintained, and enhanced by a tradesman/craftsman for the last 25 years. This property is Nestled on the serene, spring-fed Lake Cypress this exceptionally UNIQUE property features two beautifully crafted single-family residences on your own lakefront oasis with room for a pool. As you enter the property you'll notice the audio/visual security gate and the fully fenced in yard that allows for a pool. Enter thru the electric gate and you're on vacation! The main home is elevated on stilts, allowing the lake to flow under the home. It also features a large wrap around porch for quick access to the waterfront! This main residence offers 1,402 sq ft of living space, featuring Travertine flooring and real wood paneling which makes you feel like you're on a vacation at this waterfront retreat. The main home has 2 bedrooms, 2 bathrooms, and an open concept kitchen that overlooks the Florida room. Upon entry, the guest bedroom is located on the right which features a generously sized closet and ceiling fan while the guest bathroom is just steps away. The guest bath features a tub/shower combo with glass sliding shower doors, a wooden vanity with stone countertops, overhead lighting and a ceiling fan! The kitchen is equipped with stainless steel appliances, wood cabinetry, a breakfast bar, stone counter tops, overhead lighting and serving window to the fully enclosed Florida room. The Florida room is perfect for entertaining with its full lake front view, hurricane impact rated sliding glass door and windows, plus it's equipped with a slate Billiards pool table, Safe, dartboard, card table and its prewired for internet, TV, and surround sound. Step outside the Florida room to the deck and you can enjoy your breakfast, lunch or dinner on your bistro style porch while taking in the views of Cypress Lake. The master suite is fit for a king. It's equipped with an ensuite that offers a Kraftmaid wooden vanity, stone counters, walk in shower with glass shower door and a ceiling fan too! Wake up and enjoy the lake front views thru the triple sliding glass door or enjoy your privacy simply by lowering the mounted shade in your master suite! The recently remodeled guest house, spanning 994sq ft, is currently a profitable Airbnb rental generating $350 per night. The guest home is fully handicap accessible, featuring new carpet and tile flooring, a raised range, raised dishwasher, and cooktop, along with a breakfast bar and lakefront views. It has 2 bedrooms with large closets fitted with organizers and a fully tiled bathroom with a roll/walk-in handicap shower and raised commode with safety bars. Adjacent to the guest home is the 1-car garage, already fitted with a walk-in shower, commode, and a laundry area with two sets of laundry machines, plus a brand new Mini Split A/C and heat system. This additional unit could easily be converted into caretaker's quarters with the addition of a cooktop, a few cabinets, and a sink. CONTINUED...

Last Agent to Sell the Property

Thomas Homan, Jr

HOMAN REALTY GROUP INC License #3353368 Listed on: 06/27/2024

Co-Listed By

Jacob Kwami

HOMAN REALTY GROUP INC License #3396598

Last Buyer's Agent

Summer Bradberry

MIHARA & ASSOCIATES INC. License #3428169

MIHARA & ASSOCIATES INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1979

Lot Details

  • 0.68 Acre Lot
  • Lake Front
  • West Facing Home
  • Garden
  • Property is zoned ASC-1

Parking

  • 4 Car Garage
  • Garage Apartment

Home Design

  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,836 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Sun or Florida Room
  • Carpet
  • Lake Views
  • Attic Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Whole House Reverse Osmosis System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features

Outdoor Features

  • Outdoor Shower
  • Access To Lake
  • Dock has access to electricity and water
  • Dock made with wood
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Additional Homes

  • 994 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Schools

  • Hammond Elementary School
  • Martinez Middle School
  • Steinbrenner High School

Utilities

  • Central Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Well
  • Water Softener
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cypress Lake Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 2836
  • Lot Size Acres: 0.68
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 3588
  • Lot Size Sq Ft: 29856
  • Status: Sold
  • Co List Office Mls Id: MFR262003806
  • Co List Office Phone: 352-600-6150
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Building Area Total Srch Sq M: 333.34
  • Escrow City: Trinity
  • Escrow State: FL
  • Escrow Street Name: State Rd 54, Suite C101
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 295.84
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_DockDescription: Dock - Wood,Dock w/Electric,Dock w/Water Supply
  • MFR_DockYN: 1
  • MFR_InLawSuiteDescription: Detached (ADU)
  • MFR_InLawSuiteUnderAirSqFt: 994.00
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 4
  • Interior Amenities: Accessibility Features, Ceiling Fans(s), Kitchen/Family Room Combo, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener, Whole House R.O. System, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 263.47

Exterior Features

  • Direction Faces: West
  • Exterior Features: Garden, Lighting, Other, Outdoor Grill, Outdoor Shower, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Cooling: Central Air, Ductless, Attic Fan
  • Heating: Central, Ductless
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Hammond Elementary School
  • High School: Steinbrenner High School
  • Middle Or Junior School: Martinez-HB

Lot Info

  • Zoning: ASC-1
  • Parcel Number: U-23-27-17-01J-000000-00001.0
  • Additional Parcels: No
  • Flood Zone Code: X, AE

Rental Info

  • Furnished: Turnkey
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4260.38
  • Tax Block: 000000
  • Tax Book Number: 32/74
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
May 15, 2025
Sold by
Ballas Mark E and Ballas Merlita I
Bought by
Berven Inez Lynette and Berven Karl Russell
Seller's Agent
Thomas Homan, Jr
HOMAN REALTY GROUP INC
Buyer's Agent
Summer Bradberry
MIHARA & ASSOCIATES INC.
List Price
$1,925,000
Sold Price
$839,000
Premium/Discount to List
-$1,086,000
-56.42%
Views
220
Current Estimated Value
$828,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,524
Avg. Annual Appreciation
-1.67%
Original Mortgage
$400,000
Outstanding Balance
$396,837
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$431,639

Purchase Details

Closed on
Apr 25, 2018
Sold by
Ballas Mark E
Bought by
Ballas Marke and Ballas Marlita I

Purchase Details

Closed on
Jun 20, 2016
Sold by
Ballas Corrienne and Ballas Mark E
Bought by
Ballas Mark E

Purchase Details

Closed on
Jun 1, 2016
Bought by
Ballas Mark E

Purchase Details

Closed on
Mar 15, 2012
Sold by
Erika L Barrett Living Trust
Bought by
Rental Houses Llc

Purchase Details

Closed on
Sep 9, 2009
Sold by
Elb Ii Llc
Bought by
Erika L Barrett Living Trust

Purchase Details

Closed on
Sep 13, 2001
Sold by
Ard Julia L
Bought by
Ballas Mark E and Ballas Betty J C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2000
Sold by
Nelson Barbara J and Ard Julia L
Bought by
Nelson Barbara J and Ard Julia L

Purchase Details

Closed on
Apr 27, 1999
Sold by
Nelson Barbara J
Bought by
Nelson Barbara J and Ard Julia L
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $839,000 Capital Title Solutions
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Deed $100 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $173,000 --
Quit Claim Deed $8,500 --
Quit Claim Deed $23,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Previous Owner $138,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $839,000 -13.1% $296 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
03/13/2025 03/13/25 Price Changed $965,000 -0.4% $340 / Sq Ft
01/29/2025 01/29/25 Price Changed $969,000 -2.8% $342 / Sq Ft
11/01/2024 11/01/24 Price Changed $997,000 -0.3% $352 / Sq Ft
08/30/2024 08/30/24 Price Changed $999,997 -20.0% $353 / Sq Ft
08/14/2024 08/14/24 Price Changed $1,250,000 -10.7% $441 / Sq Ft
07/24/2024 07/24/24 Price Changed $1,399,999 -11.9% $494 / Sq Ft
07/10/2024 07/10/24 Price Changed $1,589,000 -11.2% $560 / Sq Ft
07/02/2024 07/02/24 Price Changed $1,789,000 -7.1% $631 / Sq Ft
06/28/2024 06/28/24 For Sale $1,925,000 -- $679 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,437 $285,836 -- --
2024 $4,437 $241,490 -- --
2023 $4,260 $234,456 $0 $0
2022 $4,000 $227,627 $0 $0
2021 $3,956 $220,997 $0 $0
2020 $3,805 $217,946 $0 $0
2019 $3,640 $213,046 $0 $0
2018 $3,580 $209,074 $0 $0
2017 $3,533 $205,877 $0 $0
2016 $3,497 $200,562 $0 $0
2015 $3,533 $199,168 $0 $0
2014 $3,507 $197,587 $0 $0
2013 -- $200,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3535497

Stellar MLS

APN: U-23-27-17-01J-000000-00001.0

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