Paradise Lakes in Lutz

Paradise Lakes
Condos for Sale in Lutz, FL

All 249 homes for sale in Lutz, FL · median $525,000 · 123 homes for sale in 33558 · Pasco County homes for sale

Community in Lutz · Pasco County · ZIP 33558
30 homesBuilt 1978–2017Median sale $168K
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Photo courtesy of COLDWELL BANKER BEN BATES INC · via Stellar MLS

Built fromLive Stellar MLS data13 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, paradise lakes condominium in Lutz, FL has 25 homes for sale. Over the 12 months ending 2026-09-20, 10 recorded sales closed at a median of $167,500, $172 per square foot, a median 57 days on market, sellers accepting 92% of original asking. At the median price and Pasco County's FY2025-26 rate of 16.15 mills, annual property tax runs about $2,710 ($2,050 with the full homestead exemption).

Villages & sections of Paradise Lakes Condominium

Paradise Lakes Condominium in Lutz, FL is a master-planned community recorded as 5 named villages and sections in the MLS; 3 homes are for sale or pending across them today. Each village has its own page with its listings, sales history and HOA/CDD facts.

paradise lakes condominium key facts
LocationLutz, Pasco County, FL · ZIP 33558
Homes in the community30 (FL DOR 2025 assessment roll)
Years built1978–2017 (median 1986.5)
Typical living area1,842 sq ft (median)
Home types (current listings and sales)condos 85%
Amenities listed by sellersGated Community - No Guard, Buyer Approval Required, Golf Carts OK, Deed Restrictions, Special Community Restrictions, Community Mailbox
Sale prices, last 12 months$167,500 median across 10 closed sales · $172 per sq ft
Days on market (closed sales)57 median
For sale right now25 active, 4 pending · median asking $239,900 · 15.0 months of supply
Owner-occupied (homestead) share47%
Zoned public schoolsPasco or Hillsborough Schools (verify by address); County line splits the 33558 area, confirm district; Magnet and choice options may apply

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2013 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “paradise lakes condominium key facts,” movewithmomentum.com/neighborhoods/paradise-lakes, data as of September 20, 2026.

Last 30 days in Paradise Lakes: 7 new listings (median asking $224,900), 1 under contract right now, 3 closed sales (median $227,000). As of October 6, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Paradise Lakes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$168K
Median sold · 12 mo
$172/sf
Sold $/sqft · 12 mo
peak $222 in 2024
91.7%
Sale vs ask
Tempo
15.0mo
Supply
3 to 6 months is the balanced band
57days
Median DOM · closed
25 days at the 2024 low
14%
Under contract
Pasco: 22% (1,214 of 5,427)
25 · 4
For sale · pending
live counts, refreshed twice daily
10
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
47%
Owner-occupied · Paradise Lakes
14 of 30 parcels homesteaded (FL DOR 2025)
53%
Non-owner-occupied · Paradise Lakes
incl. 17% trust or LLC-held · 17% out-of-state
30
Homes in the community
30 residential parcels (FL DOR 2025)
Track record · 13 years of records
6
Recorded sales · 2024-2025
median $300K · qualified sales on the county roll (FL DOR 2025)
Est. 1978
Community established
homes built 1978-2017, median 1987 (FL DOR 2025)
1,204sqft
Median sold home size
12-mo windows, closed sales
33.3%/yr
Turnover rate
about 10 of 30 homes trade a year

Homes For Sale Right Now in Paradise Lakes

Live MLS inventory for Paradise Lakes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Paradise Lakes listings as of 2026-10-05, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2013 through 2026. Tap any home to ask about it.

Paradise Lakes Housing Pulse · Momentum Research · as of September 20, 2026

Paradise Lakes right now

🟢 Buyer-leaning market. 15.0 months of supply and 14% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Very High (29 active and pending listings, 10 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 6, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Paradise Lakes market snapshot (as of September 20, 2026): the median sale price is about $168K ($172 per sq ft over the trailing 12 months of closed sales), a median 57 days on market for closed sales, and 15.0 months of supply, a buyer-leaning market.

In ZIP 33558 (Lutz), 391 homes closed in the last 12 months at a median of $585K ($240/sq ft), up 0.9% year over year, with a median 42 days on market. Right now 75 active and 13 pending listings put supply at about 4.9 months — a balanced market. See the live ZIP 33558 housing market and the Hillsborough County market.

County records show 6 qualified sales in paradise lakes condominium across 2024–2025 (4 in 2024, 2 in 2025), median $300,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Paradise Lakes is a community of 30 homes in Lutz, Pasco County, built between 1978 and 2017 (median 1986.5), with a median living area of about 1,842 square feet. 47% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 16 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2013 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$100K$200K2014201620182020202220242026
Every sale since 2013 · price vs size
$0$200K$400K1k2k
75 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$100$150$2002014201620182020202220242026
Up from $105 in 2013 to a $222 peak in 2024; $172 now.
Median days on market · closed sales
1002002014201620182020202220242026
25 days at the 2024 low; 57 now.
Sale price vs original ask · median
90%95%100%2014201620182020202220242026
91.7% now.
Homes sold per 12-mo window
0510152014201620182020202220242026
0 to 16 a year; 10 in the current window.
How much local inventory is already under contract

3% of homes for sale in Paradise Lakes are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-06).

Paradise Lakes Market Scorecard

Buyer-leaning

Paradise Lakes is currently a buyer-leaning market. About 15.0 months of supply, a median asking price of $239,900, and homes go under contract in about 121 days.

15.0
Months supply
$239,900
Median list
$167,500
Median sold
$209
List $/sqft
121
Days on mkt
28/1/22
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across realMLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Pasco County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Pasco or Hillsborough Schools (verify by address) · Public
  • County line splits the 33558 area, confirm district · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Paradise Lakes listings and can change; always confirm with Pasco County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Paradise Lakes address.

If we were buying in Paradise Lakes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Paradise Lakes.

A closer look at the Paradise Lakes market

At a median of $172 per square foot, Paradise Lakes prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 15.0 months of supply, a buyer-leaning market. Homes that do trade take a median 57 days on market, useful leverage on any listing that has lingered.

The housing stock is 30 homes built between 1978 and 2017, and 47% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

“

The location and the amenities are priced into every listing in Paradise Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
3.0D · Buy Score
Liquidity & Demand0.0/10
Owner Commitment4.7/10
Pricing Power4.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (3.0). Basis: Liquidity & Demand 15.0 months of supply; Owner Commitment 47% owner-occupied; Pricing Power 91.7% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Paradise Lakes Condos for Sale in Lutz, FL homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Paradise Lakes Condos for Sale in Lutz, FL.
In short
  • HOA dues reported around $320/month (about $3,840/yr) · median of 5 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $320 per month ($3,840 a year) — the median AssociationFee across 5 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Paradise Lakes sales matched to your home.

What is your Paradise Lakes home worth?

Get a no-obligation home value based on real comparable sales in Paradise Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Lutz →

Real comps, not an automated estimate.

Recently off market in paradise lakes condominium

Homes in paradise lakes condominium that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 33 on record.

Frequently Asked Questions

What is the median home price in Paradise Lakes?
The median sale price in Paradise Lakes was $168K over the 12 months ending September 20, 2026 (10 closed sales, Stellar MLS).
How long do homes in Paradise Lakes take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 57 days on market (10 sales, Stellar MLS).
Is Paradise Lakes a buyer's or seller's market right now?
As of September 20, 2026, Paradise Lakes leans toward buyers: 15.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Paradise Lakes?
The Florida DOR 2025 assessment roll shows 30 homes in Paradise Lakes (public records).
What share of Paradise Lakes is owner-occupied?
47% of Paradise Lakes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Paradise Lakes built?
Homes in Paradise Lakes were built between 1978 and 2017, with a median year built of 1986.5 (FL DOR 2025 roll).
What schools serve Paradise Lakes?
Paradise Lakes is served by Pasco County Public Schools, typically Pasco or Hillsborough Schools (verify by address) and County line splits the 33558 area, confirm district. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Paradise Lakes?
The best agent for Paradise Lakes is one who actively works Lutz and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Paradise Lakes.
How do I find a top Lutz real estate agent who knows Paradise Lakes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Paradise Lakes and the wider Lutz area.
Can Momentum Realty connect me with an agent for Paradise Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Paradise Lakes purchase or sale - no call center and no pressure.
Where is Paradise Lakes, and what county is it in?
Paradise Lakes is in Lutz, Pasco County, FL, ZIP 33558. The community's center is about 2 miles southwest of the center of Lutz (straight-line).
Is Paradise Lakes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Paradise Lakes: the median sale price over the last 12 months was $168K (10 sales), 65% below the Lutz median of $475K; homes took a median 57 days to go under contract; the assessment roll counts 30 homes, 47% of them homesteaded (owner-occupied); listings report Pasco or Hillsborough Schools (verify by address), County line splits the 33558 area, confirm district, Magnet and choice options may apply as the zoned schools; supply is 15.0 months at the current sales pace, which favors buyers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 5, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 20, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (1 streets, ZIP 33558))
Under-contract sharesStellar MLS records, as of 2026-09-20
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2013 (75 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Paradise Lakes Condos for Sale in Lutz, FL with Momentum Realty’s local guides.

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Browse all Florida neighborhood guides →

More on Paradise Lakes Condos for Sale in Lutz

Thinking of selling in paradise lakes condominium? 10 recorded closings; median 57 days on market (window ending 2026-09-20). See the Pasco County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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