$995,405

20125 GREEN GRASS LANE, Lutz, FL 33558

  • 4 beds |
  • 3 baths |
  • 3,169 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon5.5acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $314/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Rare multifamily investment on Moss Lake totaling approximately 5.5 acres across four contiguous parcels within Lake Como Homesites (PB 3, PG 130). All parcels are zoned multifamily (MF1), a rare designation in Pasco County, 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 2.25 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 5.5 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 duplexes, quads, or multifamily structures, 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. For details on available lending options, please contact Joe Spellman, Nexa Mortgage, NMLS#2142845

Listing Status:
Active
Date Added:
September 18, 2025 at 05:00AM
Listing Office:
AXEN REALTY, LLC : 480-399-1218
Listing Agent:
Jenn Ott : 727-858-8153
MLS ID:
W7879081
  • General: High Ceilings
  • Appliances: CooktopRange HoodRefrigerator
  • Laundry: Inside
  • Flooring: LaminateTile
  • A/C: Wall/Window Unit(s)
  • Heating: Heat Pump

This listing courtesy of Jenn Ott, AXEN REALTY, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

I

Imagine School at Land O' Lakes

2940 Sunlake Blvd, Land O Lakes, FL, 34638

Grades KG-8

2.06 miles away

C

Central Pasco Girls Academy

2952 Wilson Rd, Land O Lakes, FL, 34638

Grades 6-12

1.68 miles away

C

Central Pasco Girls Academy

2952 Wilson Rd, Land O Lakes, FL, 34638

Grades 6-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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