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16123 E Lake Burrell Dr, Lutz, FL, 33549

2beds
2baths
2,227sqft
$525,900
$236price/sqft
$3,692/moest. monthly cost
$147,680/yrincome needed

About This Home

Sunrises over the water. Evenings by the fire. A rare lakefront retreat with room to breathe and no HOA restrictions. With 80 feet of open water frontage and a floating dock, this 2-bedroom, 2-bath home delivers the kind of waterfront lifestyle that’s hard to find. Cast a line from your backyard, launch a kayak, or simply unwind on the screened rear porch as the light dances across the lake. Inside, 2,227 square feet unfold in a spacious open floor plan designed for both comfort and character. Decorative arches, cathedral ceilings, and custom stained-glass accents above create a warm, inviting atmosphere you won’t see in cookie-cutter homes. The kitchen and family room flow seamlessly together, anchored by granite countertops, stainless steel appliances, a Bosch dishwasher, a refrigerator, and a convenient eating space perfect for casual mornings or hosting friends. A brick fireplace adds charm and coziness to the main living area, while two sets of sliding glass doors frame the water view and fill the home with natural light. Wood flooring in the bedrooms and family room enhances the warmth of the space. Both bedrooms are generously sized, and the split-bedroom layout provides privacy. A dedicated office at the front of the home offers the ideal setup for working remotely or managing household tasks with ease. Step outside and enjoy a fully fenced yard—vinyl fencing in the front, farm fencing along the sides, and gated access to the lake. Two storage sheds provide ample room for tools, lake gear, or hobbies. The covered two-car carport, rain gutters, and additional outdoor storage add everyday practicality. Major updates offer peace of mind, including a 2022 AC system and a 2024 mini-split. The home is equipped with a water softener on a well, blending efficiency with comfort. Location is just as impressive. With quick access to I-275, commuting is simple, and you’re close to shopping, restaurants, Walmart, USF, the VA Hospital, Florida Hospital, Moffitt, Tampa International Airport, and the area’s beautiful Gulf beaches. Enjoy suburban tranquility without sacrificing convenience. This is lakefront living at its best—ready for its next owner to make it their own. ***FREE 1/0 Rate Buydown when using the seller's preferred lender!***

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

9/10
Chiles Elementary SchoolGrades K-53.5 mi
8/10
Liberty Middle SchoolGrades 6-84.6 mi
2/10
Freedom High SchoolGrades 9-124.6 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Block,Stucco,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Water Softener
  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Eating Space In Kitchen,High Ceilings,Open Floorplan,Split Bedroom,Stone Counters
  • Door features: Sliding Doors
  • Flooring: Tile,Hardwood
  • Fireplace features: Family Room,Stone
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,590
  • Total interior livable area: 2,227 sqft

Kitchen

  • Features: Breakfast Bar,Built-In Shelving,Pantry,Granite Counters
  • Level: First
  • Area: 176
  • Dimensions: 11x16

Living Room

  • Level: First
  • Area: 420
  • Dimensions: 20x21

Primary Bedroom

  • Features: Dual Sinks,En Suite Bathroom,Tub With Shower,No Closet
  • Level: First
  • Area: 195
  • Dimensions: 15x13

Property

Details

  • Parcel number: U3127191CW00000000024.0
  • Zoning: RSC-4
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Enclosed,Patio,Porch,Rear Porch,Screened
  • Exterior features: Rain Gutters,Storage
  • Fencing: Fenced,Vinyl
  • Has view: Yes
  • View description: Water,Lake
  • Has water view: Yes
  • Water view: Water,Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Privileges

Lot

  • Lot size: 0.36 Acres
  • Lot size dimensions: 100 x 150

Parking

  • Total spaces: 2
  • Parking features: Covered
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Hurricane
Lightning
Tornado
Hail
Heat Wave
Tsunami

FEMA Declared Disasters in Hillsborough County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,659$31,908
Home Insurance *$441$5,292
Property Taxes $368$4,416
Electricity $224$2,689
Total$3,692$44,304
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$126,582/yr
40% on housing$110,760/yr
45% on housing$98,453/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 4.8%
4.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$236This listing

vs Other Active Listings

Avg $/sqft

ZIP 33549$189
Hillsborough County$216

vs Homes Sold Last Month

Median $/sqft

ZIP 33549$262
Hillsborough County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

No price history available

For Sale by Agent

AgentAndrew Duncan
BrokerageLPT REALTY LLC

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