$1,085,000
↓ $55K (4.8%)
●
House -
For Sale
20 2ND AVENUE SE
LUTZ, FL 33549
8 Beds
7 Baths
4,327 Ft²
$6,034
Est. Monthly
About This Property
AN EXCEPTIONAL INCOME-PRODUCING AND MULTIGENERATIONAL ESTATE ON
APPROXIMATELY 0.86 ACRES IN LUTZ! This fully renovated and FULLY
FURNISHED property delivers the kind of flexibility buyers are
looking for, with TWO SEPARATE RESIDENCES, 8 BEDROOMS, 7 BATHROOMS,
approximately 4,327 SQ. FT. OF HEATED LIVING SPACE, and a PRIVATE
SCREENED POOL. Whether used for rental income, extended family,
guests, or a private family compound, this property offers multiple
ways to live, invest, and enjoy.
The MAIN RESIDENCE features 4 bedrooms and 4 beautifully updated bathrooms, while the SECOND RESIDENCE offers 4 bedrooms, 3 bathrooms, and its own PRIVATE DRIVEWAY, giving each home privacy and independence.
Both residences have been thoughtfully renovated with spacious living areas, modern flooring, designer lighting, updated bathrooms, and contemporary finishes throughout. HVAC is 2024, that brings peace of mind. The kitchen features shaker-style cabinetry, expansive stone countertops, stainless-steel appliances, matte-black accents, and a large center island. Multiple flex spaces provide room for home offices, media rooms, fitness areas, game rooms, hobby spaces, or additional living areas.
Step outside to your own PRIVATE FLORIDA RETREAT with a SCREENED IN-GROUND POOL, expansive paver decking, mature landscaping, generous green space, a BASKETBALL/RECREATIONAL AREA, covered entertaining space, abundant storage, and plenty of room for RV, BOAT, AND ADDITIONAL VEHICLE PARKING.
Enjoy the freedom of NO HOA and NO FLOOD INSURANCE REQUIRED, along with the convenience of being approximately 5 MINUTES FROM PUBLIX and 10 MINUTES FROM I-275, with easy access to Downtown Tampa, Tampa International Airport, shopping, dining, medical facilities, entertainment, and major roadways.
LIVE IN ONE RESIDENCE AND GENERATE INCOME FROM THE OTHER, CREATE A MULTIGENERATIONAL HOME BASE, OR TAKE ADVANTAGE OF THE SPACE, PRIVACY, AND FLEXIBILITY THIS PROPERTY PROVIDES.
FULLY FURNISHED, TURNKEY, AND MOVE-IN READY. NOW IS THE TIME TO BUY-schedule your private showing today!
The MAIN RESIDENCE features 4 bedrooms and 4 beautifully updated bathrooms, while the SECOND RESIDENCE offers 4 bedrooms, 3 bathrooms, and its own PRIVATE DRIVEWAY, giving each home privacy and independence.
Both residences have been thoughtfully renovated with spacious living areas, modern flooring, designer lighting, updated bathrooms, and contemporary finishes throughout. HVAC is 2024, that brings peace of mind. The kitchen features shaker-style cabinetry, expansive stone countertops, stainless-steel appliances, matte-black accents, and a large center island. Multiple flex spaces provide room for home offices, media rooms, fitness areas, game rooms, hobby spaces, or additional living areas.
Step outside to your own PRIVATE FLORIDA RETREAT with a SCREENED IN-GROUND POOL, expansive paver decking, mature landscaping, generous green space, a BASKETBALL/RECREATIONAL AREA, covered entertaining space, abundant storage, and plenty of room for RV, BOAT, AND ADDITIONAL VEHICLE PARKING.
Enjoy the freedom of NO HOA and NO FLOOD INSURANCE REQUIRED, along with the convenience of being approximately 5 MINUTES FROM PUBLIX and 10 MINUTES FROM I-275, with easy access to Downtown Tampa, Tampa International Airport, shopping, dining, medical facilities, entertainment, and major roadways.
LIVE IN ONE RESIDENCE AND GENERATE INCOME FROM THE OTHER, CREATE A MULTIGENERATIONAL HOME BASE, OR TAKE ADVANTAGE OF THE SPACE, PRIVACY, AND FLEXIBILITY THIS PROPERTY PROVIDES.
FULLY FURNISHED, TURNKEY, AND MOVE-IN READY. NOW IS THE TIME TO BUY-schedule your private showing today!
Unit Size
4,327 Ft²
Days on Market
50 days
Land Size
0.86 acres
Price per sqft
$251
Property Type
House
Property Taxes
$706
HOA Dues
-
Year Built
1964
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 7 days ago (Stellar MLS #TB8545766)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$1,085,000
↓ $55K
(4.8%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by CENTURY 21 RE CHAMPIONS | $1,140,000 | |
| Listed by CENTURY 21 RE CHAMPIONS | |||
| Oct 25, 2025 | Price Decreased |
$1,225,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$1,275,000
↓ $25K
(1.9%) | |
| Price Decreased | |||
| Mar 28, 2025 | Listed | $1,300,000 | |
| Listed | |||
| | |||
|
Presenting an exceptional opportunity to own a fully renovated, luxurious resort-style estate in the heart of Lutz — welcome to 20 2nd Ave SE. Situated on a sprawling 0.85-acre lot, this stunning dual-home property features a total of 8 bedrooms and 7 bathrooms, offering unmatched versatility, privacy, and sophistication. The main residence boasts 4 spacious bedrooms and 4 elegantly designed bathrooms, while the second home—accessed via its own private driveway—includes 4 additional bedrooms and 3 bathrooms, ideal for extended family, guests, or lucrative rental income. Both homes have been completely and meticulously renovated with no expense spared, featuring brand-new custom kitchen cabinets, exquisite granite countertops, stainless steel appliances, high-end flooring throughout, and fresh modern paint inside and out. Each bathroom has been tastefully upgraded with sleek, contemporary finishes that reflect luxury at every turn. The expansive outdoor area includes a large, private swimming pool, making the entire estate feel like your own personal retreat. Whether you're seeking a multi-generational living setup, a luxury primary residence with income potential, or a high-end investment property, this one-of-a-kind estate delivers on all fronts with elegance, functionality, and resort-style living.
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Property Highlights
Garage
Air Conditioning
Parking Details
Parking Features: Boat, Guest, RV Access/Parking, Tandem
Interior Details
Full Bathrooms: 7
Interior Features: Ceiling Fan(s), Open Floorplan, Stone Counters, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom, Thermostat, Window Treatments
Appliances: Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Flooring Type: Ceramic Tile, Luxury Vinyl
Laundry Features: Inside, Laundry Room
Rooms: 3
Exterior Details
Square Footage: 4327
Square Footage Source: $0
Property Condition: Completed
Architectural Style: Contemporary
Year Built: 1964
Building Area Total: 5694
Levels: One
Other Structures: Guest House, Storage, Workshop
Building Area Units: Square Feet
Window Features: Blinds
Construction Materials: Block, Cement Siding
Patio and Porch Features: Rear Porch
Pool Features: Gunite
Pool is Private
Lot Size Area: 37250
Lot Size Units: Square Feet
Lot Size Acres: 0.86
Lot Size Square Feet: 37250
Lot Size Dimensions: 113 x 268 x 168 x 128 x 75 x 141
Tax Lot: 4
Water Source: Public
Financial Details
Tax Annual Amount: $8,472
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Lutz
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Listed by: Melissa Vivenzio, P.A
CENTURY 21 RE CHAMPIONS
Last Updated: 7 days ago
Data Source: Stellar MLS, MLS# TB8545766
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
CENTURY 21 RE CHAMPIONS
Last Updated: 7 days ago
Data Source: Stellar MLS, MLS# TB8545766
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017