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$695,000
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Property Description
MULITPLE OFFERS, BEST AND FINAL BY Thursday 4/5/2024. 100% Occupied income generated 4-unit multifamily community in Lutz presents an attractive investment opportunity with several appealing features:The property boasts a diverse unit mix, with (2) the units offering three bedrooms and two bathrooms and (2) the units offering two bedrooms and 1 bathroom. Each unit is individually metered for water and sewer, which can help in ensuring tenants are responsible for their utility usage, potentially reducing operational costs for the landlord. The property is constructed with concrete block, a durable and low-maintenance material choice that offers longevity and stability to the buildings. This can contribute to lower maintenance costs over time. The surrounding area boasts strong demographics, with a median household income of $85,372 and an average household income of $100,668 within a one-mile radius. This indicates a potentially affluent tenant base capable of paying competitive rental rates. The property's close proximity to Interstate 75 provides convenient access to Tampa, a major economic and cultural hub in the region. This accessibility can be appealing to tenants who commute for work or seek entertainment options in the city.
Full Property Details
Full Property Details for 4986 Steel Dust Ln
General
- Sold For: $695,000
- Taxes: $9,116 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MidFloridaRegionalMLS
- MLS ID: A4605438
- Added to Site: 660 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Interior
- Interior Features: Ceiling Fan(s)
Rooms
Other Rooms
- Laundry: Common Area
Exterior
- Exterior Features: Balcony
Location
- Area: 33559 - Lutz
- County: Pasco
- Development Name: 33559 - Lutz
- Subdivision: WILLOW LAKE SUB
- Driving Directions: Keep right to stay on Wesley Chapel Blvd ? 0.9 mi Turn left onto Tampa Downs Blvd ? 249 ft Turn left onto Steel Dust Ln Destination will be on the left.
Community
- Community Name: 33559 - Lutz
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block
- Roof: Shingle
- Square Feet: 4,080
- Sq. Ft. Source: Public Records
- Living Area: 4,080 Sq. Ft.
- Year Built: 1982
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,625
- Lot Size: 9625
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $9,116
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: WILLOW LAKE SUB PB 11 PG 50 POR LOT 2 COM MOST SLY COR LOT 2 BEING INTSEC NE R/W TAMPA DOWNS BLVD & NWLY R/W STEEL DUST LN FOR POB TH N39DEG 38' 43"W ALG R/W 121.61 FT TO PC INTERSECT SE R/W SR 54 TH NELY ALG ARC OF CRV LT ALG R/W 79.68 FT TO PC RAD 2914.79 FT DELTA 01DEG 33' 59" CHD 79.68 FT BRG N42DEG 31' 03.5"E TH S39DEG 38' 43"E 119.49 FT TO R/W STEEL DUST LN TH S41DEG 00' 48"W ALG R/W 80 FT TO POB
- Flood Zone Info: X
- APN: 1426190040000000021
- Property ID: 1426190040000000021
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Schools
Schools serving 4986 Steel Dust Ln
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Veterans Elementary School 26940 Progress Parkway, Wesley Chapel, FL 33544 | K-5 | 0.2 mi |
Cypress Creek Middle School-0133 8127 Old Pasco Road, Wesley Chapel, FL 33544 | 6-8 | 4 mi |
Cypress Creek Middle/High School 8701 Old Pasco Road, Wesley Chapel, FL 33544 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4986 Steel Dust Ln
Date
Details
Price
Change
Source
5/15/2024
Sold
$695,000
—
MLS
3/30/2024
Listed
$695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4986 Steel Dust Lane, Lutz, FL 33559 (MLS# A4605438) is a Multi-Family property that was sold at $695,000 on May 15, 2024. This property was listed by Sam Pergerson from our Tampa Westshore Office.Want to learn more about 4986 Steel Dust Lane? Do you have questions about finding other Multi-Family real estate for sale in Lutz? You can browse all Lutz real estate or contact a Coldwell Banker agent to request more information.


