18121 Geraci ROAD, Lutz, FL 33548

$649,800 Asking Price

3 beds
3 baths
2,881  sqft
Built in 1962

WORKSHOP - RESIDENCE – NO HOA – NO CDD – RENTAL INCOME OPPORTUNITY – MULTI-GENERATIONAL LIVING OPPORTUNITY This property is a dream for anyone looking to merge their living space with their passion for projects, business ventures, or hobbies, all while being situated in a desirable Lutz neighborhood. Situated on a .4-acre corner lot, the fenced property prioritizes energy efficiency with a new commercial white TPO roof, an upgraded electrical panel, double-pane windows, a new tankless water heater, and NEW dual air conditioners/air handlers with smart thermostats adding to the home's appeal. The main floor of this RESIDENCE features 2 extra-large bedrooms on the main, 2 full-bathrooms, kitchen, dining room with wet bar, office, grand room, and laundry. The second floor features a private owner's suite with kitchenette, second office, and a 3rd full bath!, making this home ideal for multigenerational living or split rental. Plenty of parking for everyone in the attached 900+ square foot GARAGE featuring two extra-deep bays suitable for 4 or more full-sized vehicles! Additional covered parking is available for your RV or your boat in front of the detached workshop. This extraordinary WORKSHOP makes this listing a rare find for enthusiasts or professionals who want a proper workspace that accommodates a variety of projects and vehicles; it is AIR CONDITIONED and features block construction, high ceilings, and 110/220 outlets strategically placed all along the walls and ceilings to support all types of tools and machinery. The property's versatility makes it ideal for both personal interests and professional ventures, offering a comfortable, climate-controlled environment year-round. This space not only appeals to those seeking a dedicated area for their pursuits but also presents an attractive investment opportunity. Its stand-alone nature and no HOA restrictions further enhance its appeal, offering endless possibilities for customization and use. Home is currently leased through Oct 2024.


Features & Amenities

Interior

General:
Ceiling Fans(s), Primary Bedroom Main Floor
Rooms:
Family Room, Formal Living Room Separate, Interior In-Law Suite w/Private Entry
Appliances:
Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Water Softener
Laundry:
Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room, Washer Hookup
Flooring:
Laminate, Tile, Vinyl
A/C:
true, Central Air
Heating:
true, Heat Pump

Exterior

General:
Sidewalk, Storage, Workshop
Style:
Other
Parking:
Garage Door Opener, Ground Level

Construction

Roofing:
Membrane
General:
Block, Brick, Two, Slab

Location

Road/Access:
Street Paved
Originating MLS:
Stellar MLS
County:
Hillsborough

Lot

Zoning:
RSC-4, SAPPHIRE LAKE RANCHITOS LOTS 13 & 14 & THAT PT OF LOT 15 BEG AT NW COR RUN E 55 FT S TO PT ON S BDRY 25 FT E OF SW COR AND W 25 FT TO SW COR AND N TO BEG, U1427180JV00000000013.0
Fencing:
Board, Chain Link, Fenced

Utilities

Utilities:
Electricity Connected
Water:
Private,Well
Sewer:
Septic Tank

Financial

Source:
Stellar MLS
Buyers Agent Compensation:
2.5%
NA Compensation:
0%

This listing courtesy of:
TAMPA BAY REAL ESTATE ASSOCIATES, Garren Blouin

About Lutz, FL

Housing

Number of Units
31,020
Median Home Value
$317,498
Median Rent
$1,081

28.59% of housing units are renter occupied.

6.07% are vacant.

Commute

Car
66.06%
Public Transportation
0.18%
Walk to Work
0.83%
Work from Home
32.12%
Other
0.64%

The median travel time to work is 23 minutes.

People

Population
74,243
Median Age
39.70
Median Household Size
2.82

Education

High School
22.39%
Associate’s Degree
9.98%
Bachelor’s Degree
26.46%
Graduate Degree
19.27%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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