NOT LISTED FOR SALE

17501 Brown Rd Odessa, FL 33556

Keystone Area

Estimated Value: $842,684

4 Beds
4 Baths
1,402 Sq Ft
$601/Sq Ft Est. Value

Sale Details

Date Sold: May 19, 2025

Last sale price $839,000 $598 Per Sq Ft

Current estimated payment $5,128 / mo

276 Days on Market

Highlights

  • 87 Feet of Waterfront
  • Community Boat Dock
  • No HOA
  • Hammond Elementary School Rated A-
  • Lake View
  • Outdoor Shower

About This Home

As of May 2025

METICULOUSLY MAINTAINED! This is your chance to own a very unique, Lakefront oasis in the heart of Odessa.This home is one of 3 stilted homes on a spring-fed lake in all of Florida. This property is Nestled on the serene, spring-fed Lake Cypress this exceptionally UNIQUE property features two beautifully crafted single-family residences on 0.68 acres of your own lakefront oasis with room for a pool. Boasting 87 feet of prime water-frontage, this property has been owned, maintained, and enhanced by a tradesman/craftsman for the last 25 years. 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.....Please view photo #8 for additional amenities and information. Now is a great opportunity to own a rare unique vacation mini resort getaway investment property.

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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 1979

Lot Details

  • 87 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Property is zoned ASC

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Split Level Home
  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Multi-Level Property
  • Ceiling Fan
  • Carpet
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 002199

Community Details

Overview

  • No Home Owners Association
  • Cypress Lake Estates Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 1979

Lot Details

0.68 Acres

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From the Suncoast Parkway, take exit 14 onto Van Dyke Rd Heading West. In 0.5 miles turn left onto Brown Rd. In 500ft take a slight right turn onto Brown Rd. The home is on your left gated.
  • Year Built: 1979
  • Architectural Style: Split Level
  • Entry Level: 2
  • Unit Levels: Multi/Split
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Other
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet

Exterior Features

  • Exterior Features: Lighting, Outdoor Shower
  • View: Lake
  • Road Frontage Type: Waterfront
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Modular/Prefab, Wood Siding
  • Direction Faces: West
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None, Boat Dock
  • Association: No

Lot Info

  • Parcel #: 002199
  • Mobile Dim Units: Feet
  • Zoning: ASC

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4260.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
List Price
$1,925,000
Sold Price
$839,000
Premium/Discount to List
-$1,086,000
-56.42%
Current Estimated Value
$842,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,684
Avg. Annual Appreciation
0.33%
Original Mortgage
$400,000
Interest Rate
6.13%
Mortgage Type
New Conventional

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

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Odessa, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$839,000 Capital Title Solutions
Ballas Marke -- None Available
Ballas Mark E -- None Available
Ballas Mark E $100 --
Rental Houses Llc -- None Available
Erika L Barrett Living Trust -- None Available
Ballas Mark E $173,000 --
Nelson Barbara J $8,500 --
Nelson Barbara J $23,800 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $400,000
Previous Owner Ballas Mark E $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2025 05/19/25 Sold $839,000 -56.4% $598 / Sq Ft
03/30/2025 03/30/25 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,925,000 -- $1,373 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11613873

BeachesMLS (Greater Fort Lauderdale)

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

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