Lakefront investment opportunity with redevelopment and income potential
Rare lakefront investment and redevelopment opportunity on nearly 1 acre along highly visible Land O’ Lakes Blvd, positioned within one of Pasco County’s fastest-growing corridors. This R2-zoned property offers exceptional flexibility for investors, builders, or developers seeking a value-add project with significant upside potential.
The oversized waterfront parcel presents multiple strategic options, including renovation of the existing structure, redevelopment for custom new construction, or long-term hold as surrounding growth continues to drive demand. With frontage on a major roadway and proximity to expanding residential and commercial development, the property may offer future potential for rezoning or alternative uses, subject to buyer verification and county approval.
Additionally, the property may present strong income-producing potential. Short-term rentals are present in the immediate area, including neighboring properties, making this an attractive opportunity for investors seeking to explore vacation rental, long-term rental, or hybrid income strategies, subject to local regulations and buyer verification.
Nearly 1-acre lakefront parcels with this level of flexibility, visibility, and redevelopment potential are increasingly rare. Ideal for investors seeking value-add opportunities, builders planning custom or speculative construction, or buyers looking to secure a unique asset with long-term appreciation potential.
Conveniently located near major transportation routes, retail expansion, and continued residential growth, further enhancing both usability and future value. Buyer to verify zoning, rezoning potential, rental regulations, and development options with Pasco County.
The income description goes here to explain
| List Price | $498,000 |
| Property Type | Single Family Homes |
| Usable Sqft | 1,299 |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1971 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 182516001.0000.00010.0 |
| MLS # | TB8390412 |
| Property ID | 307115972 |
| Lot Sqft | 41,245 |
| Zoning | R2 |
| Days on Market | 274 |
| Original List Price | $549,000 |
| Applicances | Dryer, Range, Refrigerator, Washer% |
| Date Updated | February 14, 2026 |
| Date Created | May 22, 2025 |
Edna Goldberg an agent of COLDWELL BANKER PICKETT FENCES REALTY.
© 2026 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 14, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT