
21502 NORTHWOOD DRIVE, LUTZ, FL, 33549
Active2 days on marketListed Aug 26, 2026MLS #TB8541252
About this home
21502 NORTHWOOD DRIVE
WATERFRONT LUTZ HOME | 2022 ROOF | NEWER A/C | NO HOA | NO CDD Welcome to 21502 Northwood Dr, Lutz, FL 33549, a waterfront single-family home in the established Foxwood neighborhood offering peaceful pond views, flexibility, and an excellent opportunity to own in a desirable Tampa Bay location. 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 address two of the major items buyers often consider when purchasing a Florida home. The property also features public water and public sewer. One of the biggest advantages is the freedom this property offers: NO HOA, NO CDD, and no leasing restrictions. That makes it a great option for a first-time home buyer, primary residence, seasonal home, or long-term property investment. The home offers an opportunity for a buyer to make it their own while benefiting from the property's location, waterfront setting, and future resale potential. Based on current market expectations, the estimated resale value after appropriate improvements may be approximately $350,000–$360,000, subject to buyer's independent verification and market conditions. Conveniently located in Lutz within the Tampa Bay area, with easy 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 is 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 and Buyer’s Agent to independently verify current flood zone and insurance requirements. Whether you are a first-time home buyer looking for a waterfront home in Lutz, a buyer seeking a property with no HOA or CDD, or someone looking for a home with long-term flexibility and resale potential, 21502 Northwood Dr offers a unique opportunity in the Tampa Bay market.
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,156
Sqft
0.17 ac
Lot size
2
Garage
1979
Year built
One
Levels
$229
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$1,932 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$1,932/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Lutz actives
$229 vs $242
Days on market
2 vs 48 typical
Where $229/sqft sits among the 256 Lutz actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lutz
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lutz. See the full Lutz guide →
LUTZ 33549 — neighborhood snapshot
Population
18,816
Median age
44.1
Median income
$85,066
Median home value
$339,400
Avg household
2.58
Households w/ children
2,040
For the school run
Hillsborough County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lutz market
$541K → $528K
Lutz median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
150 of 256
Lutz actives have cut their price
Median sold price, Lutz, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 44% below the LUTZ 33549 median. See the full Lutz market guide →
Paper trail
This home's history
Reality check
What actually sold near 21502 NORTHWOOD DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$368,000
1301 FOXWOOD DRIVE · same community
3 bd · 2 ba · 1,107 sqft · $332/sqft · 8 DOM
Sold · Mar ’26$265,000
239 CONNIE LEE COURT · same community
3 bd · 2 ba · 1,275 sqft · $208/sqft · 9 DOM
Sold · Jan ’26$350,000
21439 NORTHWOOD DRIVE · same community
3 bd · 2 ba · 1,338 sqft · $262/sqft · 29 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Moe Thouk Oo
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 21502 NORTHWOOD DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 21502 NORTHWOOD DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Moe's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
21502 NORTHWOOD DRIVE FAQs
What would the monthly payment be for 21502 NORTHWOOD DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,932/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 21502 NORTHWOOD DRIVE?+
The most recent tax bill on record (2025) was $1,136. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 21502 NORTHWOOD DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lutz?+
At $265,000, this home is listed about 44% below the Lutz median of $475,000. The market section on this page shows how the area is trending.
Which schools are assigned to 21502 NORTHWOOD DRIVE?+
Maniscalco K-8 School (elementary), Freedom High School (high), Liberty Middle School (middle), Patricia Sullivan Metropolitan Ministries Partnership School (elementary) — Hillsborough County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the LUTZ 33549 market on paper
$265,000 is 44% below the LUTZ 33549 median of $474,350, and at $229/sqft it sits under the Lutz average of $264.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Fresh on the market
Only 2 days on market in a Lutz market that averages 48 — if it fits, move quickly.
04Strong assigned schools
Maniscalco K-8 School, Freedom High School, Liberty Middle School, Patricia Sullivan Metropolitan Ministries Partnership School — Maniscalco K-8 School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of COLDWELL BANKER REALTY · Elena Esquen. MLS #TB8541252.
IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by Stellar MLS.
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