5030 DUQUE ROAD
About This Property
What sets this property apart is that the extensive due diligence and permitting work has already been completed. The parcel has been officially certified, with updated surveys and environmental documentation already in place. The current owners have successfully navigated the county approval process and even obtained a building permit before deciding to pursue other plans - significantly simplifying the path for a new owner looking to build.
A cleared homesite area prepared for construction, with a well and temporary power installed. Combined with the completed certification and permitting work, these improvements provide a valuable head start and make this one of the most build-ready lakeside parcels available in the area.
Zoned RSC-2, the property offers the potential for a custom primary residence plus a secondary dwelling with living quarters up to 900 square feet, providing added flexibility for guests, extended family, or a home office, subject to county approval and setback requirements.
Conveniently located in desirable Lutz, the property offers easy access to I-275, US-41 (Land O' Lakes Boulevard), SR-54, and Dale Mabry Highway, providing quick connections to Tampa, Wesley Chapel, Land O' Lakes, and the greater Tampa Bay area. Shopping, dining, medical facilities, and hospitals are all nearby, while still maintaining the quiet feel of country living.
Imagine waking up to sunrise over Tiffany Lake from a home built exactly the way you've always envisioned it. Whether you're planning a luxury lakefront estate, a private retreat, or your forever home, this parcel offers a rare combination of natural beauty and development readiness.
Don't miss this rare chance to own one of the few remaining buildable waterfront parcels in one of Lutz's most sought-after locations. Schedule a visit today and start planning your dream home!
**The seller is in the process of removing personal items and equipment from the property.**
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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 |
|---|---|---|---|
| Jun 25, 2026 | Listed by MIHARA & ASSOCIATES INC. | $250,000 | |
| Listed by MIHARA & ASSOCIATES INC. | |||
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Aug 21, 2023 | Listed by MIHARA & ASSOCIATES INC. | $162,450 | |
| Listed by MIHARA & ASSOCIATES INC. | |||
| Feb 9, 2023 | Sold | ||
| Sold | |||
| Jan 11, 2023 | Listed by MIHARA & ASSOCIATES INC. | $149,900 | |
| Listed by MIHARA & ASSOCIATES INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017