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20125 GREEN GRASS LANE

LUTZ , FL 33558

MLS#: W7879081

$995,405

Status: Active
Listing number: W7879081
Listing provided by: AXEN REALTY, LLC
Listing agent phone: None
Last update: 2 months ago
On site: 3 months ago
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LAKE COMO HOMESITES - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

None

Year Built

1978

Sq.Footage

3,169

Rare multifamily investment on Moss Lake totaling approximately 4.23+ acres across four contiguous parcels within Lake Como Homesites (PB 3, PG 130). All parcels are zoned R-1 and include deeded access to Moss Lake with a boathouse, dock, and fishing pier. Two parcels are vacant and buildable. One parcel includes a single family home with a long term tenant currently paying below market rent. The lakefront parcel of approximately 2.52 acres is improved with a duplex consisting of an upstairs two bedroom one bath unit and a downstairs one bedroom one bath unit. Both units are occupied by long term tenants on month to month leases, also paying below market rents, creating immediate upside potential for a new owner. Survey highlights confirm a total of 4.23+ acres across all parcels with ingress and egress easement access recorded at 44.3 feet across parcel 0020. FEMA mapping places the property in Flood Zone X, minimizing flood risk and removing mandatory flood insurance requirements. Property addresses include 20105, 20125, and 20135 Green Grass Lane, Lutz, Florida 33558. This property offers immediate cash flow from existing tenants along with the ability to expand with additional buildable lots making it one of Pasco County’s most versatile investment opportunities. Financing options: Investor financing may be available through conventional investment property loans, DSCR products, or portfolio lending. All financing is subject to buyer qualification and lender approval.

Features & Amenities

Interior

  • Other Interior Features

    High Ceilings

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Other

  • Other Exterior Features

    Awning(s), Dock

  • Parking

    Attached

  • Patio and Porch Features

    Covered, Screened

  • Pool

    No

  • Waterfront YN

    YES

  • View

    Lake, Water, Trees/Woods

Area & Lot

  • Lot Features

    Cleared, Irregular Lot, Private, Waterfront

  • Lot Size(acres)

    4.23

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Custom

Price

  • Sales Price

    $995,405

  • Tax Amount

    6114.12

  • Sq. Footage

    3, 169

  • Price/SqFt

    $314

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Senior Community YN

    NO

  • Sewer

    Septic Tank

  • Tax Lot

    5

  • Water Source

    Private, Well

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Listing Courtesy of Jenn Ott , AXEN REALTY, LLC

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Rare multifamily investment on Moss Lake totaling approximately 4.23+ acres across four contiguous parcels within Lake Como Homesites (PB 3, PG 130). All parcels are zoned R-1 and include deeded access to Moss Lake with a boathouse, dock, and fishing pier. Two parcels are vacant and buildable. One parcel includes a single family home with a long term tenant currently paying below market rent. The lakefront parcel of approximately 2.52 acres is improved with a duplex consisting of an upstairs two bedroom one bath unit and a downstairs one bedroom one bath unit. Both units are occupied by long term tenants on month to month leases, also paying below market rents, creating immediate upside potential for a new owner. Survey highlights confirm a total of 4.23+ acres across all parcels with ingress and egress easement access recorded at 44.3 feet across parcel 0020. FEMA mapping places the property in Flood Zone X, minimizing flood risk and removing mandatory flood insurance requirements. Property addresses include 20105, 20125, and 20135 Green Grass Lane, Lutz, Florida 33558. This property offers immediate cash flow from existing tenants along with the ability to expand with additional buildable lots making it one of Pasco County’s most versatile investment opportunities. Financing options: Investor financing may be available through conventional investment property loans, DSCR products, or portfolio lending. All financing is subject to buyer qualification and lender approval.

20125 GREEN GRASS LANE

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