WATERFRONT LUTZ HOME | 2022 ROOF | NEWER A/C | NO HOA | NO CDD | INVESTOR OPPORTUNITY Welcome to 21502 Northwood Dr, Lutz, FL 33549, a waterfront single-family home in the established Foxwood neighborhood offering peaceful pond views, flexibility, and excellent value-add potential. This 2-bedroom, 2-bath home offers approximately 1,156 square feet of living space and sits directly along the water, creating a private and relaxing backyard setting with no rear neighbor directly behind the home. Major improvements include a roof replaced in 2022 and central electric A/C approximately 3 years old, helping take care of two of the most important big-ticket items buyers look for in a Florida home. The property also features public water and public sewer. Another major advantage is the freedom this property offers: NO HOA, NO CDD and no leasing restrictions, making it attractive for both owner-occupants and investors. The property offers excellent potential for a buyer who wants to update and personalize a home or an investor searching for a Lutz investment property with value-add potential. Estimated After Repair Value (ARV) is approximately $350,000–$360,000, subject to buyer's independent verification. Conveniently located in Lutz in the Tampa Bay area, with access to US-41, I-275, State Road 54, New Tampa, Wesley Chapel and Tampa. Shopping, restaurants, recreation, parks and everyday conveniences are nearby, with access to destinations such as Lake Rogers Park, Lettuce Lake Park, New Tampa Nature Park, the University of South Florida area and Tampa Premium Outlets. Assigned schools include Lake Myrtle Elementary, Charles S. Rushe Middle School and Sunlake High School. Based on public school records, Charles S. Rushe Middle School, an A-rated Pasco County school that has been recognized on the Florida Department of Education’s School of Excellence list in multiple years. Per available public records, the structure is shown outside the Special Flood Hazard Area. Buyer to verify current flood zone. Whether you are searching for a waterfront home in Lutz, Florida, a property with no HOA or CDD, or your next Tampa Bay real estate investment, this property offers an opportunity worth exploring. PROPERTY IS BEING SOLD AS IS.