Active
$1,650,000
Est. $11,835/mo

8510 Kentucky Derby Dr, Odessa, FL, 33556

$354/sqft·Keystone Shores Estates

4 bd4 ba4,665 sqft3 car garageSingle Family
Listed by ELEVATED REALTY· Last updated · MLS# TB8493286

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Est. monthly payment
$11,835/mo
Down payment (20%)
$330,000
Property taxes
$2,110/mo
HOA
$295/mo
Rate assumed
6.8% · 30 yr
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At a glance

Single family
Built 2005
Water views
Pool
Private pool
In Ground
3 car garage
0.55 acres
Lot size

About this home

Built-in FeaturesCrown MoldingHigh CeilingsPrimary Bedroom Main FloorTray Ceiling(s)Walk-in Closet(s)Outdoor KitchenDishwasher

8510 Kentucky Derby Dr is a 2005-built home in Keystone Shores Estates, Odessa. Inside you'll find 4 bedrooms, 4 bathrooms, and 4,665 square feet of living space. Listed at $1,650,000 (about $354/sqft), 159 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $295 monthly.

From the listing

Luxury Custom Home in Exclusive Gated Community with Water View Roof can be replaced prior to closing. A/C and water heater are newer. Experience the best of luxury living in this exceptional custom-built home, privately situated on a quiet cul-de-sac in one of the area’s most desirable gated communities. Offering serene water views and unmatched quality, this residence is designed for buyers seeking a move-in-ready home without the need for renovations or repairs for years to come—offered below market value. Built with superior craftsmanship and high-end materials, this home delivers an extraordinary lifestyle. Features include a comprehensive interior and exterior security system, intercom in every room, and integrated Bluetooth ceiling speakers, along with additional smart home features such as a spa control system. The spacious layout includes an expansive kitchen, family room, and formal dining area. The chef’s kitchen is equipped with top-of-the-line appliances, including double Wolf convection ovens, a Wolf convection microwave, Thermador warming drawer, and Sub-Zero full refrigerator and freezer. A dry bar connects the kitchen and dining room and features a Monogram wine chiller and ice maker. The kitchen also boasts a custom backsplash, ceiling-height cabinetry, and a large walk-in pantry. Fourteen-foot ceilings throughout the first floor create a grand, open feel, perfect for showcasing art collections. Premium finishes include cherry wood cabinetry (kitchen, office, and built-ins), maple interior shelving and doors, and 20” porcelain tile flooring, most set on the diagonal. Additional upgrades include motion-sensing interior lighting, Kohler toilets and undermount sinks, Ethan Allen cabinetry, granite countertops, solid wood doors, and custom solid wood closet systems throughout. Outdoor living is equally impressive, featuring a screened-in covered porch with a full outdoor kitchen, pool, and stunning water views—ideal for entertaining or relaxing. Located in Keystone Shores, a private community of just 35 homes, residents enjoy access to a scenic lake for fishing, as well as nearby park, playground, tennis, and basketball facilities. Furniture package available for purchase separately. Conveniently located with easy access to the Veterans Expressway, Downtown Tampa, and the Gulf beaches. This is a rare opportunity—schedule your private showing today.

The essentials

Built
2005
Price / sqft
$354
On market
162 days
Annual tax
$25,325
HOA
$295/mo
Flood zone
X · Low risk
Lot
23,850 sqft
Type
Single Family Residence

Location

8510 Kentucky Derby Dr
Odessa, FL, 33556·33556 - Odessa
Type
Single Family Residence
Year Built
2005
Lot
23,850 sqft
Cooling
Central Air
Heating
Central
Parking
-
Pool
In Ground
Days on Market
162
Built-in Features
Crown Molding
High Ceilings
Primary Bedroom Main Floor
Tray Ceiling(s)
Walk-in Closet(s)
Outdoor Kitchen
Dishwasher
Dryer
Range
Refrigerator
Tankless Water Heater
Washer

Elementary

Hammond Elementary School

Middle

Martinez-HB

High

Steinbrenner High School

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on fileFlood Zone X

Annual Tax (2025)

$25,325

Parcel #

U-23-27-17-5N1-000000-00027.0

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision

Keystone Shores Estates

County

Hillsborough

MLS Area

33556 - Odessa

Lot Size

23,850 sqft

HOA
$295/mo
Green Acres/Megan McCreight
Date
Event
Price
9/10/2026
Price change
Source: Stellar MLS #TB8493286
$1,650,000-4.6%
$354/sqft
Price change
Source: Stellar MLS #TB8493286
$1,730,000-1.1%
$371/sqft
4/2/2026
Listed for sale
Source: Stellar MLS #TB8493286
$1,750,000+16.7%
$375/sqft
3/4/2022
Sold
Source: Hillsborough County Public Record
$1,500,000
$322/sqft
Est. monthly payment$11,836/mo
Principal & interest$8,605
Property taxes$2,110
Insurance$825
HOA$295
Down payment20% · $330,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Offer Insights

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List price: $1,650,000
$1.62M – $1.65M
98.4% – 100% of listTops out right at the list price
80% of listList price
106 of the last 210 home closings in 33556 landed at this number or higher (50%). The median one sat 33 days before it went under contract, and this one is on day 162 after a $100,000 cut.

Sample: 210 closed home sales in 33556 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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