Single Family Residence at 87 1ST AVE NW, LUTZ
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48 photos

$419,900

87 1ST AVE NW
LUTZ, FL 33548
Listed by Cindy Greco · EXP REALTY LLC
Bedrooms
3
Bathrooms
2.5
Living area
1,799 sqft
Year built
1988

About this home

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!

Highlights

WaterfrontFireplace

Property details

MLS
Stellar MLS
MLS #
MFRTB8519979
Property type
Single Family Residence
Subdivision
WEST NORTH TAMPA
Status
Active
Days on market
122
On market date
June 17, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.59 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
LUTZ K-8 SCHOOL
0.42 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
709
Student:teacher ratio
13.4:1
District
HILLSBOROUGH
Middle
MARTINEZ MIDDLE SCHOOL
4.35 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,145
Student:teacher ratio
20.1:1
District
HILLSBOROUGH
High
CENTRAL PASCO GIRLS ACADEMY
3.46 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1
Student:teacher ratio
0.5:1
District
PASCO

Walkability

Blended score for LUTZ's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

56
Somewhat walkable
out of 100
EPA National Walkability Index
7.2 / 20 -- Below average walkable
Google Places amenity density
85 / 100
Restaurants & cafes12
Grocery stores3
Parks7
Schools4
Transit stops0
Pharmacies4

Market position

How this listing compares to current activity in LUTZ, from live MLS data.

On the market 122 days -- 30 more days than LUTZ's current average of 92 days.
For reference, the median list price across 440 active listings in LUTZ right now is $425,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$2,679/mo
$83,980 down
$335,920 loan
Principal & interest$2,179
Property tax (est.)$350
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.