20125 Green Grass Lane, LUTZ, FL 33558
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- MLS#: W7879081 ( Residential )
- Street Address: 20125 Green Grass Lane
- Viewed: 109
- Price: $995,405
- Price sqft: $314
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Lake Front
- Year Built: 1978
- Bldg sqft: 3169
- Bedrooms: 4
- Total Baths: 3
- Full Baths: 3
- Garage / Parking Spaces: 2
- Days On Market: 34
- Additional Information
- Geolocation: 28.1779 / -82.4823
- County: HILLSBOROUGH
- City: LUTZ
- Zipcode: 33558
- Subdivision: Lake Como Homesites
- Provided by: AXEN REALTY, LLC
- Contact: Jenn Ott
- 480-399-1218
- DMCA Notice
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DescriptionRare 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 Countys 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.
Property Location and Similar Properties
Features
Waterfront Description
- Lake Front
Appliances
- Cooktop
- Range Hood
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Wall/Window Unit(s)
Country
- US
Covered Spaces
- 0.00
Exterior Features
- Awning(s)
Flooring
- Laminate
- Tile
Garage Spaces
- 2.00
Heating
- Heat Pump
Insurance Expense
- 0.00
Interior Features
- High Ceilings
Legal Description
- LAKE COMO HOMESITES PB 3 PG 130 TRACT 5 EXC WEST 640 FT THEREOF
Levels
- Two
Living Area
- 3169.00
Lot Features
- Cleared
- Irregular Lot
- Private
Area Major
- 33558 - Lutz
Net Operating Income
- 0.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Additional Single Family Home
- Boat House
- Other
Parcel Number
- 18-26-35-002.0-005.00-001.A
Parking Features
- Curb Parking
Possession
- Close Of Escrow
Property Type
- Residential
Roof
- Shingle
Sewer
- Septic Tank
Style
- Custom
Tax Year
- 2024
Township
- 26S
Utilities
- Electricity Connected
- Water Connected
View
- Trees/Woods
- Water
Views
- 109
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/W7879081
Water Source
- Well
Year Built
- 1978
Zoning Code
- MULTIFAM