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$349,000

5151 DREXEL ROAD, LAND O LAKES, FL 34638

3D Tour
Active1 days on market

Beds

3

Baths

1

Sq Ft

1,304 sq ft

Year Built

1958

Lot Size

1.06 acres

Garage

About This Property

Bring your vision to 5151 Drexel Road! Situated on approximately 1.06 acres in Land O’ Lakes, this original 1958 Florida Cracker-style home offers a unique opportunity to create something truly your own. The property already has a home in place with electricity and water infrastructure established—giving you a valuable starting point for your plans. Restore the home’s original charm, renovate and expand the existing structure, or explore the possibilities the spacious homesite may hold. Inside, you’ll find original wood flooring and a layout ready to be refreshed and reimagined. With plenty of room to create outdoor living spaces, gardens, a workshop, or simply enjoy a little extra breathing room, this property is full of potential. The bones are here. The land is here. Now it’s ready for someone with a little imagination to write its next chapter!

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8541057
StatusActive
Year Built1958
Stories1
Total Rooms4
ConstructionWood Frame, Wood Siding
RoofShingle
FoundationCrawlspace
FacesEast
SubdivisionUNINCORPORATED
CountyPasco
OwnershipFee Simple

Interior Features

InteriorThermostat
FlooringCarpet, Linoleum, Hardwood
AppliancesDryer, Range, Washer
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Exterior & Lot

ExteriorGarden
Lot Size1.06 acres (46,174 sq ft)
Road SurfaceAsphalt, Paved
0

Utilities

WaterWell
SewerSeptic Tank
UtilitiesBB/HS Internet Available, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$349,000
Annual Taxes$796 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningAC
Parcel #1126180000028000040

Directions

From US-41/Land O’ Lakes Boulevard, travel west on Lake Patience Road. Turn right onto Drexel Road and continue to 5151 Drexel Road. The property will be on the left

Location

5151 DREXEL ROAD, LAND O LAKES, FL 34638

Listing Information

OfficeHOME GIRLS & GUYS REALTY
ListedAugust 20, 2026

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Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$349,000

20% ($69,800)
6.75%

Loan Term

Principal & Interest$1,811
Property Tax (est.)$320
Insurance (est.)$150
Total Monthly$2,281
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How to Buy This Home

Multiple financing options available for this $349,000 home in LAND O LAKES.

🏛️

FHA Loan

$12,215 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$17,450 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pasco County SHIP

Varies

Income-qualifying Pasco residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 21, 2026.

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