This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$117,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Prime retail/commercial unit located in the highly desirable Lake Padgett area of Land O' Lakes. This well-maintained 714 sq. ft. retail space offers excellent visibility, a functional layout, and quality recent upgrades. The unit features full glass storefront frontage, a 119 sq. ft. finished covered open porch at the entrance, a back closed space that can be used for an office/storage and a private restroom. A rear access door provides additional convenience for operations or staff entry. Significant improvements include a brand-new septic system (tank and all components) installed in December 2024-January 2025, as well as major updates and replacement of key AC system components in December 2024, with consistent ongoing maintenance. The property offers ample on-site parking and is positioned within a high-demand commercial corridor surrounded by established residential communities. Located in the heart of Land O' Lakes, this space benefits from excellent accessibility, and proximity to major roadways. Ideal for retail, professional services, or a variety of commercial uses. The unit is ready for it's new owner and provides an outstanding opportunity in one of the area's most sought-after areas. Business is not closing and therefore the business is not for Sale. Make your Appointment today and click the link for the Video Tour!
Full Property Details
Full Property Details for 3940 Lake Padgett Dr
General
- Sold For: $117,000
- HOA FEE: $255/month
- Taxes: $1,231 (2024)
- Status: Closed
- Type: Retail
- Source: MidFloridaRegionalMLS
- MLS ID: TB8449039
- Added to Site: 131 day(s) ago
Rental Information
- Complex Features: Bathrooms, Dumpsters
Parking
- Parking Features: Common
Location
- Area: 34639 - Land O Lakes
- County: Pasco
- Development Name: 34639 - Land O Lakes
- Subdivision: LAKE PADGETT SQUARE CONDO
- Driving Directions: From US 41 North, Turn Right on Bell Lake rd, Right onto Lake Padgett Dr, Plaza on Left to Unit.
- Direction Faces: West
Community
- Community Name: 34639 - Land O Lakes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Other, Stone
- Roof: Other
- Square Feet: 714
- Sq. Ft. Source: Public Records
- Living Area: 714 Sq. Ft.
- Year Built: 1973
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,131
- Lot Size: 2131
- Frontage: County Road
- Street/Road Desc.: Paved
Financial Considerations
- Condo Fee: $255
- Condo Fee Freq: Monthly
- Tax Amount: $1,231.04
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: LAKE PADGETT SQUARE CONDO PB 21 PG 66 UNIT 4 OR 4657 PG 482
- Flood Zone Info: X
- APN: 192619057A000000040
- Property ID: 192619057A000000040
Listed and Sold by Charles Rutenberg Realty Inc
Get Pre-Approved Today
Schools
Schools serving 3940 Lake Padgett Dr
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Lake Myrtle Elementary School 22844 Weeks Blvd, Land O' Lakes, FL 34639 | K-5 | 1.5 mi |
Charles S. Rushe Middle School 18654 Mentmore Blvd, Land O' Lakes, FL 34638 | 6-8 | 3.4 mi |
Sunlake High School 3023 Sunlake Blvd, Land O' Lakes, FL 34638 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3940 Lake Padgett Dr
Date
Details
Price
Change
Source
3/20/2026
Sold
$117,000
-15.22%
MLS
2/10/2026
Price Increased
$137,999
2.22%
MLS
1/03/2026
Price Reduced
$134,999
-3.5%
MLS
11/18/2025
Listed
$139,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3940 Lake Padgett Drive, Land O Lakes, FL 34639 (MLS# TB8449039) is a Retail property that was sold at $117,000 on March 20, 2026. Want to learn more about 3940 Lake Padgett Drive? Do you have questions about finding other Retail real estate for sale in Land O Lakes? You can browse all Land O Lakes real estate or contact a Coldwell Banker agent to request more information.

