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$499,900

111 OAK LEE DRIVE, LUTZ, FL 33548

Active28 days on market

Beds

3

Baths

2

Sq Ft

1,386 sq ft

Year Built

1974

Lot Size

0.28 acres

Garage

—

About This Property

Welcome to a rare opportunity in the heart of Lutz — a fully updated lifestyle property offering privacy, functionality, and waterfront access. This 3-bedroom, 3-bath home has been thoughtfully improved to deliver both comfort and peace of mind. Recent upgrades include a new well and septic system (2025), renovated pool with heater (2025), updated water heater and filtration system (2024), and new appliances (2026) — providing a true “move-in ready, no worries” experience. Situated on a 0.28-acre cul-de-sac lot with no HOA, this property offers the freedom and space many buyers are searching for. Step outside and enjoy your private pool or take advantage of the canal access, creating a unique Florida lifestyle right in your backyard. Inside, the home features a functional layout with three full bathrooms — a rare advantage in this size range — and a well-maintained interior ready for personalization. Whether you're looking for a primary residence, a second home, or a smart investment, this property stands out with its combination of major system upgrades, outdoor living, and water access. Conveniently located near major roads, shopping, and dining while still offering a quiet, residential feel. This is not just a home, it’s a lifestyle opportunity. Schedule your private showing today.

Property Overview

Property TypeResidential
Sub TypeSingle Family Residence
MLS #TB8543280
StatusActive
Year Built1974
Stories1
Total Rooms7
ConstructionBlock, Stucco
RoofShingle
FoundationSlab
FacesSouth
SubdivisionUNPLATTED
CountyHillsborough
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
FlooringCeramic Tile, Hardwood
AppliancesDishwasher, Electric Water Heater, Microwave, Range, Refrigerator
LaundryInside
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorOutdoor Shower, Sliding Doors
Lot Size0.28 acres (12,000 sq ft)
Lot Dimensions116.5 x 103
Lot FeaturesCul-De-Sac
Road SurfaceGravel, Paved
ViewTrees/Woods, Water

Pool & Spa

Private PoolYes
Pool FeaturesGunite, Heated, In Ground, Screen Enclosure

Waterfront

WaterfrontYes
FeaturesCanal - Freshwater

Utilities

WaterWell
SewerPublic Sewer
UtilitiesBB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOANo
Senior CommunityNo

Financial Details

List Price$499,900
Original Price$519,900
Annual Taxes$4,768 (2025)
FinancingCash, Conventional, FHA, VA Loan
ZoningRSC-6
Parcel #U252718ZZZ00000065250.0

Schools

ElementaryManiscalco-HB
MiddleBuchanan-HB
HighGaither-HB

Directions

Driving on I-75 North take exit 265 for W Fowler Ave toward TempleTerrace, merge onto Fowler Ave about 5 miles slight right to I-275 North use the right lanes to Exit 53 for Bears Ave then right onto N Florida Ave then Left after Scraporium onto Lake Dr then right onto Dykes Ln/Oak Lee Dr.

Location

111 OAK LEE DRIVE, LUTZ, FL 33548

Listing Information

OfficeCENTURY 21 CIRCLE
ListedAugust 27, 2026

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Pick a Day

Preferred Time

Scheduling is free, and you can cancel anytime.

Home Price

$499,900

20% ($99,980)
6.75%

Loan Term

Principal & Interest$2,594
Property Tax (est.)$458
Insurance (est.)$150
Total Monthly$3,202
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $499,900 home in LUTZ.

🏛️

FHA Loan

$17,497 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

$24,995 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

Hillsborough County SHIP

Varies

Income-qualifying Hillsborough 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: September 24, 2026.

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