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18243 CLEAR LAKE DRIVE
About This Property
Throughout the home, you'll find statement lighting, custom window treatments, high end wallpaper, upgraded door and cabinet hardware, and carefully selected finishes that create a collected, one-of-a-kind feel. New solid interior doors and new flooring further elevate the home. The open concept kitchen and family room with high ceilings and abundant natural light feature a natural stone countertop seating up to 10, new marble backsplash, walk-in pantry, and classic stone fireplace. The split bedroom layout includes a generous primary suite with two custom closets, formal living, entry, and dining spaces, a large laundry room, powder bath, three additional bedrooms, and a full pool bath.
The living spaces open to a screened saltwater pool with paver decking and an expansive backyard surrounded by mature tropical landscaping, including lemon, lime and avocado trees. A separate fire-pit area creates another inviting place to gather outdoors.
The Manors at Crystal Lakes is an established guard-gated neighborhood known for its mature landscaping, larger homesites and sense of privacy, with community amenities including a park, playground, tennis courts and pavilion. The community also offers low HOA fees and no CDD, with convenient access to shopping, dining and major roadways.
Additional updates include exterior paint completed in 2026, a water heater installed in 2019, and roof and Trane HVAC system installed in late 2014.
Window treatments and lighting are included with the home, and select furnishings are available by separate negotiation, creating the opportunity for a largely turnkey, professionally designed residence.
Distinctive and thoughtfully curated, 18243 Clear Lake Drive offers something increasingly hard to find in Lutz: an established home with personality, privacy and elevated details already in place.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by KELLY RIGHT REAL ESTATE | $799,900 | |
| Listed by KELLY RIGHT REAL ESTATE | |||
| Jul 13, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by KELLY RIGHT REAL ESTATE | $565,000 | |
| Listed by KELLY RIGHT REAL ESTATE | |||
| Jul 3, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017