CENTURY 21 Edge
$265,0002 bd2 ba1,156 sqft$229 /sqft$1,932 /mo all-in ↓

21502 NORTHWOOD DRIVE, LUTZ, FL, 33549

Active2 days on marketListed Aug 26, 2026MLS #TB8541252

Priced 44% below the LUTZ 33549 medianWaterfrontSingle Family ResidenceFOXWOOD SUB

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

WaterfrontWater viewPets allowed

Inside

FlooringTile
AppliancesConvection Oven · Cooktop · Dishwasher · Dryer · Refrigerator · Washer
InteriorNinguno
LaundryLaundry Room
CoolingCentral Air
HeatingElectric

Outside & construction

RoofShingle
ConstructionStucco
FoundationBlock
ViewWater
FacesNorth
ExteriorFire Pit · Outdoor Grill · Private Yard

Community & fees

Taxes (2025)$1,136/yr
PetsYes

Utilities & systems

UtilitiesElectricity Available · Electricity Connected · Water Available · Water Connected
WaterPublic

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%

Principal & interest$1,560
FHA mortgage insurance (est.)$117
Property tax — 2025 actual bill$95
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $9,275Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $9,275
Interest rate6.00%
Loan term

Estimated payment

$1,932/mo

Principal & interest$1,560
FHA mortgage insurance (est.)$117
Property taxes (actual bill)$95
Est. insurance$160

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

85
80 · this home
44
18
10
19
$172–217$217–261$261–306$306–350$350–395$395+

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

Downtown Tampa23 min
Tampa Int’l Airport (TPA)30 min

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

ElementaryManiscalco K-8 School★★★★
HighFreedom High School★★★★
MiddleLiberty Middle School★★★★★
ElementaryPatricia Sullivan Metropolitan Ministries Partnership School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Lutz market

Seller’s marketLeans seller3.3 months of inventoryBuyer’s 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

Aug 26, 2026Listed at $265,000 · 2 days on market since
1979Built · FOXWOOD SUB

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.

1301 FOXWOOD DRIVESold · Mar ’26

$368,000

1301 FOXWOOD DRIVE · same community

3 bd · 2 ba · 1,107 sqft · $332/sqft · 8 DOM

239 CONNIE LEE COURTSold · Mar ’26

$265,000

239 CONNIE LEE COURT · same community

3 bd · 2 ba · 1,275 sqft · $208/sqft · 9 DOM

21439 NORTHWOOD DRIVESold · 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.

Moe Thouk Oo

Your agent

Moe Thouk Oo

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 21502 NORTHWOOD DRIVE — start here.

Andrew Acosta

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.

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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