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20105 Green Grass Lane
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PRICED AT ONLY: $995,405

Address: 20105 Green Grass Lane, LUTZ, FL 33558

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 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. For details on available lending options, please contact Joe Spellman, Nexa Mortgage, NMLS#2142845

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Virtual Tour
Reduced
More Like This
  • MLS#: W7879086 ( Residential )
  • Street Address: 20105 Green Grass Lane
  • Viewed: 7
  • Price: $995,405
  • Price sqft: $1,091
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 912
  • Bedrooms: 2
  • Total Baths: 1
  • Full Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 4
  • Acreage: 5.50 acres

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 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. For details on available lending options, please contact Joe Spellman, Nexa Mortgage, NMLS#2142845
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony, Other
  • Flooring: Laminate, Tile
  • Living Area: 912.00
  • Roof: Shingle
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Covered
Eco-Communities
  • Water Source: Well
Utilities
  • Carport Spaces: 2.00
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Range, Range Hood, Refrigerator
  • Country: US
  • Interior Features: Ceiling Fans(s)
  • Legal Description: LAKE COMO HOMESITES PB 3 PG 130 TRACT 5A DESC AS: EAST 160 FT OF WEST 640 FT OF NORTH 120 FT OF TRACT 5; TOGETHER WITH EASEMENT FOR INGRESS & EGRESS EASEMENT OVER & ACROSS SOUTH 44.30 FT OF EAST 160 FT OF WEST 640 FT
  • Levels: One
  • Area Major: 33558 - Lutz
  • Occupant Type: Tenant
  • Parcel Number: 18-26-35-002.0-005.00-002.0
  • Possession: Close Of Escrow
  • Zoning Code: MULTIFAM
Nearby Subdivisions
0h8 | Heritage Harbor Phase 1b   Biarritz Village   Calusa Trace   Calusa Trace Tr 12   Calusa Trace Unit Five Ph   Calusa Trace Unit Five Ph 1   Cambridge Cove   Cheval   Cheval West   Cheval West 1   Cheval West Village   Cheval West Village 4 Ph 3   Cheval West Village 9   Cheval West Village One   Cheval West Village Three   Cheval Westvlg One   Cypress Ranch   Frenchs Platted Sub   Heritage Harbor   Heritage Harbor Ph 1b   Heritage Harbor Ph 2c   Lake Como Homesites   Long Lake Ranch   Long Lake Ranch Village 1a   Long Lake Ranch Village 1b   Long Lake Ranch Village 2 Pcls   Long Lake Ranch Village 2 Prcl   Long Lake Ranch Village 3 Pcls   Long Lake Ranch Village 4   Long Lake Ranch Village 6 Prcl   Morsani Ph 2   Morsani Ph 3b   Not In Hernando   Not On List   Orange Blossom Creek Ph 2   Paradise Lakes Individual   Parkviewlong Lake Ranch Ph 1a   Parkviewlong Lake Ranch Ph 2b   Reflections   Reflections Ph 1   Sierra Pines Sub   Stonebrier Ph 1   Stonebrier Ph 2a-partial Re   Stonebrier Ph 2apartial Re   Stonebrier Ph 2b1 Pt   Stonebrier Ph 4e   Sunlake Park   Townescypress Ranch   Triple Lakes Sub   Unplatted   Villarosa I   Villarosa Ph 1a   Villarosa Ph 1b3   Villarosa Ph F   Villarosa Ph G   Villarosa Phase G   Waterside Arbors  
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