$450,000
$15K PRICE DROP

87 1st Ave NW Lutz, FL 33548

Lutz Area

Estimated payment $2,716/month

Total Views 35,367
3 Beds
2.5 Baths
1,799 Sq Ft
$250 Price per Sq Ft

Highlights

  • Hot Property
  • 207 Feet of Lake Waterfront
  • Main Floor Primary Bedroom
  • Lutz K-8 School Rated 9+
  • Vaulted Ceiling
  • Bonus Room

About This Home

Price Imrovement! Welcome to lakefront living in the heart of Lutz! Tucked away at the end of a quiet dead-end street, this charming 3-bedroom, 2.5-bath home sits on a private .59-acre lot overlooking beautiful Lutz Lake. Offering 1,801 square feet of living space, the home features soaring ceilings, a sunken living room with a wood-burning fireplace, an updated kitchen with granite countertops, wood cabinetry, a walk-in pantry, and a spacious loft. The first-floor primary suite includes private access to the screened lanai and an updated ensuite bath with dual vanities, a large tiled shower, and abundant closet space. Upstairs, you'll find two generously sized bedrooms, a full bath, and a versatile loft area. Step outside to enjoy the park-like backyard with direct lake access, perfect for kayaking, canoeing, fishing, or simply relaxing and taking in the views. Recent updates include exterior painting 2025, new water softener system 2025, roof (2019), HVAC (2014), water heater (2014), flooring (2014), French doors (2012), and remodeled bathrooms. Located in the highly sought-after Steinbrenner High School district with no HOA or CDD fees, and convenient access to US-41, I-275, the Suncoast Parkway, shopping, dining, and entertainment. Rarely does a lakefront property in downtown Lutz become available, schedule your private showing today.

Listing Agent

Cindy Greco

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #637378 Listed on: 06/17/2026

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,164

Year Built

  • Built in 1988

Lot Details

  • 25,875 Sq Ft Lot
  • 207 Feet of Lake Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Southeast Facing Home
  • Wood Fence
  • Property is zoned LDC

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • HardiePlank Type

Interior Spaces

  • 1,799 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Blinds
  • Living Room with Fireplace
  • Bonus Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom

Laundry

  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Access To Lake
  • Private Mailbox

Schools

  • Lutz Elementary School
  • Buchanan Middle School
  • Steinbrenner High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • West North Tampa Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,164

Year Built

Built in 1988

Lot Details

0.59 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, HardiPlank Type, Frame
  • Fireplace: Yes
  • Living Area: 1799
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 2671
  • Lot Size Sq Ft: 25875
  • Status: Active
  • Street Post Direction: NW
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 248.14
  • Escrow City: Tampa
  • Escrow State: FL
  • Escrow Street Name: Cassey Rd
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 250.14
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • Property Description: End Unit
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds
  • Additional Rooms: Bonus Room
  • Living Area Meters: 167.13

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: LUTZ LAKE
  • Waterfront: Yes
  • Road Surface Type: Gravel, Paved
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 207
  • Flood Zone Panel: 12057C0064H
  • Water Frontage Feet Lake: 207

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Faces Side

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Size: Extra Large (101+ Lbs.)

Fee Information

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

Schools

  • Elementary School: Lutz-HB
  • High School: Steinbrenner High School
  • Middle Or Junior School: Buchanan-HB

Lot Info

  • Zoning: LDC
  • Parcel Number: U-12-27-18-0JF-000001-00001.0
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: In County, Street Dead-End
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3164
  • Tax Block: 1
  • Tax Book Number: 7-63
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake Front

3D Interior and Exterior Tours

Floorplans

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $3,164 $184,551
2024 $2,903 $179,350
2023 $2,779 $174,126 $0 $0
2022 $2,619 $169,054 $0 $0
2021 $2,585 $164,130 $0 $0
2020 $2,499 $161,864 $0 $0
2019 $2,402 $158,225 $0 $0
2018 $2,382 $155,275 $0 $0
2017 $2,344 $197,072 $0 $0
2016 $2,315 $148,953 $0 $0
2015 $2,340 $147,918 $0 $0
2014 -- $146,744 $0 $0
2013 -- $144,575 $0 $0
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 Prior Sale
07/14/2026 07/14/26 Price Changed $450,000 -3.2% $250 / Sq Ft
06/17/2026 06/17/26 For Sale $465,000 +10.1% $258 / Sq Ft
04/08/2025 04/08/25 Sold $422,500 +0.6% $235 / Sq Ft View Prior Sale
03/08/2025 03/08/25 Pending -- -- --
03/02/2025 03/02/25 Price Changed $420,000 -4.5% $233 / Sq Ft
01/31/2025 01/31/25 Price Changed $439,900 -2.2% $244 / Sq Ft
01/16/2025 01/16/25 For Sale $449,900 +6.5% $250 / Sq Ft
12/18/2024 12/18/24 Off Market $422,500 -- --
11/21/2024 11/21/24 Price Changed $449,900 -4.1% $250 / Sq Ft
10/23/2024 10/23/24 Price Changed $469,000 -3.3% $260 / Sq Ft
09/20/2024 09/20/24 For Sale $485,000 -- $269 / Sq Ft
Source: Stellar MLS

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 Type Sale Price Title Company
Warranty Deed $422,500 Masterpiece Title
Special Warranty Deed $75,500 North American Title Company
Trustee Deed -- None Available
Warranty Deed $122,500 --
Deed $88,000 --
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 Loan Amount Loan Type
Open $368,479 FHA
Source: Public Records

About the Listing Agent

Cindy Greco

EXP REALTY LLC

(656) 225-3666

Section Image

Cindy Greco is more than just a Realtor®, she’s a Tampa native with deep roots in the community and over 24 years of real estate experience. A proud resident of Lutz for the past 38 years, Cindy grew up in North Tampa and brings unmatched local knowledge and dedication to every transaction. Whether representing buyers or sellers, Cindy’s expertise spans residential listings, short sales, foreclosures, and institutional investments. She holds a certification in Institutional Investment,

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Source: Stellar MLS

MLS Number: TB8519979

Stellar MLS

APN: U-12-27-18-0JF-000001-00001.0

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