What is the Asking Price?

The current asking price for this property is $995,405. Please contact me here for further details about this property.

What are the Property's Features?

This home features : 2 beds, 1 baths, 912 sqft, 5.5 acres lot, water access, built in 1960, 79 pictures.

Where is the property located?

Property is located at 20105 GREEN GRASS LN, LUTZ, FL, US. You can view this listing on our map here .

En venta: 20105 Green Grass Ln, Lutz, 33558, FL

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20105 GREEN GRASS LN, LUTZ, 33558

$995,405
2 Beds, 1 Baths , 912 Sq.Ft
County: Pasco
Subdivision: LAKE COMO HOMESITES

Property highlights

MLS#: W7879086
19,200.00 lot size Sq.Ft.
Year built: 1960
Carport spaces: 2

Listed: 09/18/2025
Taxes: $1,946.07
Virtual Tour

Property Overview

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

Driving directions : From the Suncoast Parkway (589) take Exit 19 for SR 54 and head east. Travel east on SR 54 to US Highway 41 and turn north. Continue north on US Highway 41 to Newberger Road and turn west. Follow Newberger Road west to Green Grass Lane. Turn north onto Green Grass Lane and continue until you reach the property addresses at 20105, 20125, and 20135 Green Grass Lane. Parcels are located behind the main house and are accessed by a dirt road that runs north from Green Grass Lane.

Property Features

Rooms	Dimension	Description
Primary Bedroom		First level , Laminate
Primary Bathroom		First level , Tile
Bedroom 2		First level , Laminate
Kitchen		First level , Laminate
Living Room		First level , Laminate

Interior Features

Ceiling Fans(s)

Appliances

Range
Range Hood
Refrigerator

Heating

Heat Pump

Laundry features

Inside

Air Conditioning

Central Air

Floor Covering

Laminate
Tile

Utilities

Electricity Connected
Water Connected

Exterior features

Balcony
Other

Parking features

Covered

Construction Materials

Vinyl Siding

Water access details

Lake
Boathouse

Road Surface Type

Dirt
Unimproved

Roof

Shingle

Foundation

Slab

Listing information courtesy of AXEN REALTY, LLC

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Listing data comes from My Florida Regional MLS.