820 NEWBERGER RD, Lutz, FL 33549
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820 NEWBERGER RD, Lutz, FL 33549
820 NEWBERGER RD, Lutz, FL 33549
820 NEWBERGER RD, Lutz, FL 33549
820 NEWBERGER RD, Lutz, FL 33549
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Sarah Hart

Sarah Hart

+1(828) 545-8252
$ 3,800,000
Est. payment /mo
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820 NEWBERGER RD Lutz, FL 33549

6.76 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Unplatted

MLS Listing ID TB8492014

HOA Y/N No

Annual Tax Amount $6,331

Lot Size 6.760 Acres

Acres 6.76

Lot Dimensions 90x120

Property Sub-Type Multi Family

Source Stellar MLS

Property Description

Positioned along the shores of Lake Kell in Lutz, this is a rare opportunity to control a meaningful stretch of private waterfront in one of the Tampa Bay area's most supply-constrained segments. The property has been evaluated for its ability to accommodate up to ten luxury residences, including multiple directly on the water. Delivering this level of density on a private lake with no public access is increasingly rare, creating a high-demand product with limited direct competition.

Preliminary layouts and planning concepts are already in place, providing a clear path forward for a builder or developer ready to execute. The site offers flexibility to phase construction, build and sell, or develop a cohesive waterfront enclave with strong market positioning and pricing power.

Lake Kell's private nature, minimal boat traffic, and calm waters support the lifestyle today's luxury buyers are actively seeking. This is a controlled, low-density waterfront setting that enhances long-term value and buyer appeal. The existing 3-bedroom, 2-bath pool home, approximately 2,376 square feet, provides immediate on-site utility. It can serve as a development office, model center, or operational hub during construction, reducing overhead and improving efficiency. Alternatively, it can be retained as a guest residence within a larger end-user compound.

For builders focused on delivering differentiated product with strong absorption potential, this site checks all the boxes. True waterfront exposure, scalable density, and the ability to create multiple premium homesites within a private lake setting. Opportunities of this scale, with this level of flexibility and upside, are increasingly difficult to assemble. This is a chance to step in, control the waterfront, and bring a high-demand luxury product to market.

Location

State FL

County Hillsborough

Community Unplatted

Area 33549 - Lutz

Zoning ASC-1

Exterior

Utilities Available Cable Connected, Electricity Available

Waterfront Description Lake Front

View Y/N Yes

Water Access Yes

Water Access Desc Lake - Chain of Lakes

View Water

Building

Lot Size Range 5 to less than 10

Sewer Septic Tank

Water Well

Others

Ownership Fee Simple

Acceptable Financing Cash

Membership Fee Required None

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8492014

Stellar MLS
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Vincent Arcuri REAL BROKER, LLC

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820 NEWBERGER RD