$375,000

16240 Lake Palm Dr Lutz, FL 33549

$4,453
Closing credit¹
3 beds
1 full, 1 partial
1,332 sqft
0.2 acres
$282 / sqft
House

Property details

About 16240 Lake Palm Dr

Looking for a home in Lutz? This property offers a great opportunity. It features 3 bedrooms and 1.5 bathrooms, with the half-bath located in the master suite. The photos show the home's current condition before the residents move out on March 10, 2025. Minor repairs will be completed to ensure it's ready for you. This home is currently on septic and a well, with the option to upgrade to public utilities, making it ideal for those interested in off-grid living or self-sufficiency. With a spacious backyard and a shed for personal use. Outside, you'll find a mango tree and about 10 banana trees that produce fruit seasonally, as well as a loquat tree in the front yard. The kitchen has a new dishwasher, a bar island with seating, and a new modern Samsung refrigerator. There's also a laundry room with shelving and a clothes rack, which the homeowner is willing to include in the sale with an agreed-upon arrangement. Additionally, the bonus room features a vinyl sliding glass door with integrated blinds for added convenience and privacy. Come see this house and imagine making it your own.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size1,332 sqft
Lot size0.19 Acres
Year built1963
ParkingGarage Door Opener
MLS #TB8355949
Attached garage1 space

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Refrigerator
  • Flooring Type: Laminate
  • Interior: Ceiling Fans(s), Primary Bedroom Main Floor, Thermostat
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Garage Door Opener
  • Exterior: Storage
  • Heating: Central
  • Cooling: Central Air
  • List Price: $375,000
  • Price/SqFt: $281
  • Annual Tax Amount: $3,790
  • Tax Year: 2023
  • Directions: From N Nebraska Ave head north from E Bearss Ave to Hanna Rd turn Right to Lake Palm Dr turn Left home is on the right.
  • Year Built: 1963
  • Living Area: 1,332 SqFt
  • Lot Size: 0.19 Acres
  • MLS Number: TB8355949
  • MLS Name: MFRMLS
  • Office Name: FLORIDA HOMES RLTY & MORTGAGE
  • Office Phone: (904) 996-9115
  • Listing Agent: Kristine DeBerry

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 1:19:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

ranch-style home with driveway, a front lawn, an attached garage, and brick siding

$375,000

16240 Lake Palm Dr

$4,453

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 28, 2022
Home Sold
$320,000
Jul 26, 2017
Home Sold
$165,000
May 06, 2003
Home Sold
$104,000
May 07, 1999
Home Sold
$73,500

Tax history

YearAssessmentProperty Tax
2023$235,079$3,790
2022$195,368$2,888
2021$143,173$2,888
2020$134,719$2,345
2018$124,789$1,970
2017$68,454$855

History based on county public records data.

Nearby schools

4

Mort Elementary A Community Partnership School

Public District PK-5

1.7 mi

1806 E Bearss Ave

4

Muller Elementary Magnet School

Public Magnet PK-5

2.5 mi

13615 N 22nd St

3

Frank D. Miles Elementary School

Public District KG-5

3.2 mi

317 E 124th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,091. Most Lutz, FL residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

21%
<35k
47%
35k-100k
28%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

24%
Single, No Kids
6%
Single, with Kids
46%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
10%
12-17 yrs old
15%
18-34 yrs old
50%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • New York & CompanyNew York & Company
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Chick-fil-AChick-fil-A
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • MazdaMazda
  • KiaKia
  • LincolnLincoln

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

About 16240 Lake Palm Dr

The listing price of 16240 Lake Palm Dr property is $375,000.

The property 16240 Lake Palm Dr is a house located in Lutz, Florida, 33549.

Active Listing: 16240 Lake Palm Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 16240 Lake Palm Dr are: Mort Elementary A Community Partnership School (GreatSchools Rating 4/10), Muller Elementary Magnet School (GreatSchools Rating 4/10), Frank D. Miles Elementary School (GreatSchools Rating 3/10), Learning Gate Community School (GreatSchools Rating 8/10), Maniscalco K-8 School (GreatSchools Rating 8/10), Buchanan Middle School (GreatSchools Rating 2/10), Bowers-Whitley Career Center (GreatSchools Rating 1/10), Vivian Gaither High School (GreatSchools Rating 5/10), West University Charter High School (GreatSchools Rating 1/10).

According to the records, the last property tax for 2023 is $3,790 (source: MLS/based on county public records data).

The last sale was on January 28, 2022 for $320,000 (source: MLS/tax record).

The property at 16240 Lake Palm Dr has 3 bedrooms and 1 full and 1 half bathrooms.

The property 16240 Lake Palm Dr is 1,332 SqFt (source: MLS/tax record).

The year of construction for 16240 Lake Palm Dr is 1963.

This home is located at 16240 Lake Palm Dr in Lutz, FL and zip code 33549 in the North Tampa neighborhood. This 1,332 square foot home, which was built in 1963, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $375,000.

Lutz, FL housing market in April 2025 saw over 7 listings sold above listed price, more than 16 sold at listed price and over 41 sold below. The inventory of homes for sale in Lutz, FL between March and April 2025 increased by 7.2%. Listings spent 52 days on the market in April 2025, and had a median list price of $520,561 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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