Na , LUTZ, FL 33558
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- MLS#: W7879089 ( Land )
- Street Address: Na
- Viewed: 130
- Price: $995,405
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 34
- Additional Information
- Geolocation: 28.1779 / -82.4841
- 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
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Country
- US
Covered Spaces
- 0.00
Current Use
- Unimproved
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Legal Description
- LAKE COMO HOMESITES PB 3 PG 130 THE WEST 145.00 FT OF EAST 305.00 FT OF WEST 640.00 FT PF TRACT 5 TJE SOUTH 30.0 FT THEREOF RESERVED FOR INGRESS & EGRESS
Living Area
- 0.00
Area Major
- 33558 - Lutz
Net Operating Income
- 0.00
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Parcel Number
- 35-26-18-0020-0050-0030
Possession
- Close Of Escrow
Property Type
- Land
Sewer
- Septic Needed
Tax Year
- 2024
Township
- 26S
Utilities
- Electrical Nearby
- Water Nearby
View
- Trees/Woods
Views
- 130
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/W7879089
Water Source
- Well Required
Zoning Code
- R1