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16507 CRANWOOD PLACE

House For Sale
$499,000

BTC: 7.71013597

ETH: 262.26716562

11 days
4 bds
2 ba
2,212 sqft

Overview

INVESTOR SPECIAL: Bring your vision to this spacious home in the highly desirable Lake Heather Oaks community. Situated on a generous 96' x 116' corner lot (10,672 sq. ft.) on a quiet cul-de-sac street, this property offers tremendous potential for renovation, resale, or long-term investment. Please note this property has deferred maintenance and a 20-year-old roof. Due to its condition, the home is being marketed CASH ONLY and is being sold AS IS. The home features a screen-enclosed pool in good condition and lanai, new luxury vinyl plank flooring downstairs, a kitchen with granite countertops, updated bathrooms, and a custom-built closet system in the primary suite. The washer and dryer are included. The HVAC was replaced in 2015 and Hot Water heater is 2011. Enjoy an unbeatable location just an 8-minute walk to North Lake Park, featuring a sports complex with baseball fields, shaded pickleball courts, playgrounds, and more. This is an outstanding opportunity to invest in an established neighborhood with strong upside potential.

Location

Florida TAMPA 33618 House For Sale

Details

Type:
Residential
Parking:
No Data
Year Built:
1986
Lot:
0.25 Acres
Heating:
Central
Price/sqft:
$226
Cooling:
Central Air
HOA:
$339

Valuation

Our model vs. what's actually selling nearby.
Estimate
$525,000
$392K – $603K
Confidence Low
List vs. estimate
$26K below estimate
List $499,000 · -5.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$225
-23.3% vs. city median $294
Based on
19 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,082
2025
HOA
$339/yr
Pool
In Ground
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 2

  • Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Irrigation System

    Lot

    • Lot: 0.25 Acres

    Other Property Information

    • Parcel Number: U2727180KI00000400008.0

    • Zoning: PD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

  • Other financial information

    • HOA: $339

    • HOA Frequency: Annually

    • Annual tax amount: $9,083

  • Source details

    • MLS ID: TB8536118

    Other facts

    • Construction Materials: Block / Stucco / Wood Frame / Wood Siding

    • Foundation Details: Slab

    • Fireplace Features: Decorative

    • Laundry Features: Laundry Room

    • Lot Features: Corner Lot

    • Pool Features: In Ground

    • Direction Faces: West

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2212

    • Water Source: Public

    • Lot Size Dimensions: 92 x 116

    • Subdivision Name: NORTH LAKES SEC F UNIT 2

Private inquiry
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LUTZ

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS TAMPA CENTRAL