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Listed by AXEN REALTY, LLC

Status: Active

20125 Green Grass Ln 
Lutz, FL 33558

$995,405

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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.
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Bedrooms
4
Baths
3
House Size
3,169 sqft
Year Built
1978
Lot Size
5.5 ac

Location

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Interior Information

appliances
Cooktop
Range Hood
Refrigerator
cooling
Wall/window Unit(s)
features
High Ceilings
flooring
Laminate
Tile
heating
Heat Pump
laundry features
Inside
view
Lake
Water
Trees/woods

Exterior Information

features
Awning(s)
Dock
patio and porch
Covered
Screened
road responsibility
Private Maintained Road
road surface
Dirt
Unimproved
roof
Shingle

Property Information

architectural style
Custom
construction
Other
foundation
Slab
lot
Cleared
Irregular Lot
Private
Waterfront
other structures
Boat House
Other
parking
Attached
sewer
Septic Tank
subdivision name
Lake Como Homesites
utilities
Electricity Connected
Water Connected
water source
Private
Well
  • Listed By Jenn Ott
  • (818) 932-8800
  • AXEN REALTY, LLC
  • (480) 399-1218
  • jojo@axenrealty.com
  • MLS W7879081

Monthly Payments Calculator

Estimated Monthly Cost

$6,374

30 year fixed·6.9% interest rate
Principal & Interest
$5,245
Property Taxes
$830
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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