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18121 Geraci Road, Lutz, FL 33548

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For Sale

$624,888

3 beds • 2,881 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $216.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

RESIDENCE 900 Sq FT WORKSHOP - NO HOA NO CDD RENTAL INCOME OPPORTUNITY MULTI-GENERATIONAL LIVING STEINBRENNER HIGH SCHOOL ZONE This property is a rare gem for anyone looking to combine living, working, and investing all within the highly sought-after Steinbrenner High School Zone in desirable Lutz, FL. Nestled on a spacious 0.4-acre corner lot, this fenced property blends flexibility and functionality. This Single Family Home has been converted to make 2 distinct Rental Homes. You could live Mortgage Free by purchasing this home, living in one of the Residences and Renting out the other! The main level of the home is the largest Residence #1, is currently renting for $2,600.00 a month and includes 2 bedrooms, 2 full bathrooms, an office, full kitchen and dining area a great room with wet bar, and a shared laundry area along with use of the 900 sq. ft. Garage/Workshop and use of the 2 car garage. It is also fully fenced utilizing the front lawn for their pets. Residence #2 was rented for $1,400.00 a month and can be entered from the back of the home. You step into Residence #2 via the laundry room into a large living room, then head Upstairs to the privacy of a full owner's suite complete with kitchenette, dining room or office, and a full bath perfect for multigenerational living or rental income potential. Bring all your toys the attached 900+ sq ft garage boasts two extra-deep bays, easily fitting 4+ full-sized vehicles. Need more? There s additional covered parking for your RV or boat near the detached garage that has had air conditioning, constructed with solid block, high ceilings, and 110/220V outlets throughout it is ideal for storage, hobbyist, mechanics or anyone in need of a professional-grade workspace for their business. The Home had Two New ACs Units installed in 2023 ($12,000); The Flat Roof Sealed in 2024 ($1000); the Septic Cleaned out ($1,500) along with the Well Sealed in 2025. With no HOA restrictions, the possibilities here are endless and with a current lease on the main residence on a month to month contract, this property offers immediate income potential too. Come make this home your own!
MLS# TB8393138

Courtesy Of Keller Williams Tampa Properties

(813) 264-7754

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Wet Bar, Ceiling Fan
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Washer, Water - Purifier
  • Architecture Style
    Other
  • Exterior Type
    Block
  • Floor Covering
    Tile, Tile - Ceramic
  • Lot Size
    0.4 Acres
  • Roof Type
    Membrane

Map and Directions

Directions to 18121 Geraci Road, Lutz, FL 33548

Home seller CENTURY 21 Bill Nye Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bill Nye Realty, Inc.

(813) 782-5506
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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