318 DEER COVE LANE UNIT B, LUTZ, FL, 33548
Active2 days on marketListed Oct 10, 2026MLS #TB8556962
About this home
318 DEER COVE LANE UNIT B
Serene lakefront living awaits! This newly renovated, light-and-bright 1-bedroom, 1-bathroom cottage sits directly on Pristine Deer Lake. Located privately behind the main home, the interior features gorgeous wood-look porcelain tile flooring throughout. The fully equipped kitchen boasts solid surface countertops, premium wood cabinetry, and stainless-steel appliances. Relax in the updated bathroom complete with a custom-tiled walk-in shower, modern vanity, and an energy-efficient tankless water heater. For ultimate convenience, a private, stackable washer and dryer is located just steps outside the front door in its own utility shed. Partially furnished with living and dinette sets, the spacious bedroom can also be furnished upon request. Every room features bright windows capturing beautiful views of the peaceful property and lake. Enjoy the lake lifestyle, featuring a firepit area and a complimentary kayak for fishing or exploring. Rent includes shared driveway parking. Utilities are shared with main house and will be invoiced to be paid with the rent monthly
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
725
Sqft
0.6 ac
Lot size
1973
Year built
One
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$170 /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
$170/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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
$2 vs $240
Days on market
2 vs 66 typical
Where $2/sqft sits among the 269 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 33548 — neighborhood snapshot
Population
8,678
Median age
40.7
Median income
$124,548
Median home value
$523,000
Avg household
2.92
Households w/ children
1,094
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 → $512K
Lutz median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
165 of 269
Lutz actives have cut their price
Median sold price, Lutz, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 100% below the LUTZ 33548 median. See the full Lutz market guide →
Paper trail
This home's history
Reality check
What actually sold near 318 DEER COVE LANE UNIT B
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$315,000
19910 LONGLEAF DRIVE · same community
3 bd · 2 ba · 1,344 sqft · $234/sqft · 3 DOM
Sold · Nov ’25$120,000
21045 LAZY DAYS CIRCLE
1 bd · 1 ba · 688 sqft · $174/sqft · 138 DOM
Sold · May ’26$179,900
21145 LAZY DAYS CIRCLE
2 bd · 2 ba · 640 sqft · $281/sqft · 2 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
John Carpenter
CFO/Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 318 DEER COVE LANE UNIT B — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 318 DEER COVE LANE UNIT B — before you fall in love.
See it in person
Schedule a tour
Live availability from John's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
318 DEER COVE LANE UNIT B FAQs
What would the monthly payment be for 318 DEER COVE LANE UNIT B?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $170/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 318 DEER COVE LANE UNIT B?+
The listing reports pets: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit. 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 $1,400, this home is listed about 100% below the Lutz median of $484,999. The market section on this page shows how the area is trending.
Which schools are assigned to 318 DEER COVE LANE UNIT B?+
Buchanan Middle School (middle), Lutz K-8 School (elementary), Steinbrenner High School (high), 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 33548 market on paper
$1,400 is 100% below the LUTZ 33548 median of $672,500, and at $2/sqft it sits under the Lutz average of $265.
02Water views
The water view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 2 days on market in a Lutz market that averages 66 — if it fits, move quickly.
04Strong assigned schools
Buchanan Middle School, Lutz K-8 School, Steinbrenner High School, Patricia Sullivan Metropolitan Ministries Partnership School — Lutz K-8 School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of HOTELMAX REALTY · Kathleen Hatfield. MLS #TB8556962.
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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