Active

$496,000

Features:
  • 3 Bedrooms
  • 1 Bathrooms
  • 1299 sq ft
Overview
  • ID: MFRTB8390412
  • Bedrooms: 3
  • Bathrooms: 1
  • Size: 1299 sq ft
Property Details
Remarks
Lakefront investment opportunity with redevelopment and income potential Rare lakefront investment and redevelopment opportunity on nearly 1 acre along highly visible Land O’ Lakes Blvd, positioned within one of Pasco County’s fastest-growing corridors. This R2-zoned property offers exceptional flexibility for investors, builders, or developers seeking a value-add project with significant upside potential. The oversized waterfront parcel presents multiple strategic options, including renovation of the existing structure, redevelopment for custom new construction, or long-term hold as surrounding growth continues to drive demand. With frontage on a major roadway and proximity to expanding residential and commercial development, the property may offer future potential for rezoning or alternative uses, subject to buyer verification and county approval. Additionally, the property may present strong income-producing potential. Short-term rentals are present in the immediate area, including neighboring properties, making this an attractive opportunity for investors seeking to explore vacation rental, long-term rental, or hybrid income strategies, subject to local regulations and buyer verification. Nearly 1-acre lakefront parcels with this level of flexibility, visibility, and redevelopment potential are increasingly rare. Ideal for investors seeking value-add opportunities, builders planning custom or speculative construction, or buyers looking to secure a unique asset with long-term appreciation potential. Conveniently located near major transportation routes, retail expansion, and continued residential growth, further enhancing both usability and future value. Buyer to verify zoning, rezoning potential, rental regulations, and development options with Pasco County.
Financial Considerations
Price:
$496,000
HOA Fee:
N/A
Tax Amount:
$1726.39
Price per SqFt:
$381.83
Tax Legal Description:
HIGHWAY LAKE ESTS R/V PB 5 PG 110 LOT 10
Exterior Features
Lot Size:
41245
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
N/A
Roof:
Metal
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
1
Heating:
Electric
Cooling:
Central Air
Appliances:
Dryer, Range, Refrigerator, Washer
Furnished:
No
Floor:
Carpet, Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1971
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
West
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Garden, Private Mailbox
Additional Features 2:
N/A
Map
  • Address
    10818 LAND O LAKES BLVD
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