Lakefront investment opportunity with redevelopment and income

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Home For Sale

10818 LAND O LAKES BOULEVARD

Land O Lakes, Florida 34638

Pasco County

Waterfront: Yes

Community: HWY LAKE ESTATES

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$497,000 3 br, 1.0 bath 1299 sq. ft. 0.950 acres

Lakefront investment opportunity with redevelopment and income potential
Rare lakefront investment and redevelopment opportunity on nearly 1 acre along highly visible Land O' Lakes Blvd, positioned within one of Pasco County's fastest-growing corridors. This R2-zoned property offers exceptional flexibility for investors, builders, or developers seeking a value-add project with significant upside potential.

The oversized waterfront parcel presents multiple strategic options, including renovation of the existing structure, redevelopment for custom new construction, or long-term hold as surrounding growth continues to drive demand. With frontage on a major roadway and proximity to expanding residential and commercial development, the property may offer future potential for rezoning or alternative uses, subject to buyer verification and county approval.

Additionally, the property may present strong income-producing potential. Short-term rentals are present in the immediate area, including neighboring properties, making this an attractive opportunity for investors seeking to explore vacation rental, long-term rental, or hybrid income strategies, subject to local regulations and buyer verification.

Nearly 1-acre lakefront parcels with this level of flexibility, visibility, and redevelopment potential are increasingly rare. Ideal for investors seeking value-add opportunities, builders planning custom or speculative construction, or buyers looking to secure a unique asset with long-term appreciation potential.

Conveniently located near major transportation routes, retail expansion, and continued residential growth, further enhancing both usability and future value. Buyer to verify zoning, rezoning potential, rental regulations, and development options with Pasco County.

Interior:
  • Bedrooms: 3
  • Baths: 1.0
  • Sq Ft: 1299
  • Year Built: 1971
  • Utilities: 
  • Fireplaces: Has Fireplace
  • Stories: 
  • Heat/AC: Electric (Heating), Fireplace(s)
  • Garage: 
Exterior:
  • Lot Size: 0.950 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Block
  • Roof: Metal
  • Property Taxes: $1,726
  • MLS #: TB8390412
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Contact Information:
Beach Home For Sale in Land O Lakes, Florida
Listing Agent: Edna Goldberg, Picket Fences Realty, 214-546-7278, 813-579-1730 Listing Site, Listing Status: Active
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6240143
Viewed 142 times.
Updated: Mar 15, 2026

This property is a Home located at 10818 LAND O LAKES BOULEVARD, Land O Lakes, Florida 34638, and is currently For Sale at $497,000. This Home has 3 bedrooms, 1.0 baths, 1299 sq ft.