20125 Green Grass Lane, LUTZ, FL 33558
Local realty services provided by:Better Homes and Gardens Real Estate Atchley Properties
Listed by:jenn ott
Office:axen realty, llc.
MLS#:W7879081
Source:MFRMLS
Price summary
- Price:$995,405
- Price per sq. ft.:$314.11
About this home
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
Contact an agent
Home facts
- Year built:1978
- Listing ID #:W7879081
- Added:1 day(s) ago
- Updated:September 20, 2025 at 12:29 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,169 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
- Heating:Heat Pump
Structure and exterior
- Roof:Shingle
- Year built:1978
- Building area:3,169 sq. ft.
- Lot area:2.52 Acres
Utilities
- Water:Water Connected, Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$995,405
- Price per sq. ft.:$314.11
- Tax amount:$6,114 (2024)
New listings near 20125 Green Grass Lane
- New$1,250,000Active4 beds 3 baths3,259 sq. ft.
18811 Victor Manuel Drive, LUTZ, FL 33548
MLS# TB8429489Listed by: MJT REALTY, LLC - New$399,998Active3 beds 2 baths1,528 sq. ft.
24942 Laurel Ridge Drive, LUTZ, FL 33559
MLS# TB8429380Listed by: LPT REALTY, LLC - Open Sat, 12am to 2pmNew$445,000Active2 beds 2 baths1,542 sq. ft.
18879 Deer Tracks Loop, LUTZ, FL 33558
MLS# TB8427552Listed by: THE WILKINS WAY LLC - Open Sat, 11am to 2pmNew$560,000Active3 beds 3 baths2,480 sq. ft.
18756 Wimbledon Circle, LUTZ, FL 33558
MLS# TB8428465Listed by: REAL BROKER, LLC - Open Sat, 12 to 3pmNew$479,900Active3 beds 3 baths1,734 sq. ft.
2402 E 148th Avenue, LUTZ, FL 33549
MLS# TB8429186Listed by: LPT REALTY, LLC - New$995,405Active0.55 Acres
Na, LUTZ, FL 33558
MLS# W7879089Listed by: AXEN REALTY, LLC - New$995,405Active2 beds 1 baths912 sq. ft.
20105 Green Grass Lane, LUTZ, FL 33558
MLS# W7879086Listed by: AXEN REALTY, LLC - Open Sat, 11am to 2pmNew$769,900Active5 beds 3 baths3,232 sq. ft.
18425 Bittern Avenue, LUTZ, FL 33558
MLS# TB8429131Listed by: FRIENDS REALTY LLC - New$295,000Active2 beds 3 baths1,541 sq. ft.
23398 Papyrus Way, LUTZ, FL 33549
MLS# TB8424796Listed by: BHHS FLORIDA PROPERTIES GROUP