20125 GREEN GRASS, LUTZ, FL 33558

$995,405

Beds: 4

Baths: 3 Full

Sq. Ft.: 3,169 Sq. Ft.

Year Built: 1978

Lot Size: 4.23 Acres

Garage: 2

Pool: No

DOM: 42

Property Overview

Status: Active

Property Type: Residential

MLS #: 3b5cc001f7e34200561c312ef08ecaa1

Subdivision: LAKE COMO HOMESITES

County: Pasco

HOA Fee: N/A

Year Built: 1978

Construction: Other

Foundation: Slab

Roof: Shingle

Cooling: Wall/Window Unit(s)

Heating: Heat Pump

Sewer: Septic Tank

Water Source: Well

Zoning: R-1

Tax Amount: $6,114.12 (2024)

Listed On: Sep 11, 2025

Description

Rare multifamily investment on Moss Lake totaling approximately 4.23+ acres across four contiguous parcels within Lake Como Homesites (PB 3, PG 130). All parcels are zoned R-1 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 2.52 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 4.23+ 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 buildable lots 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.

Exterior Features

Awning(s)

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.

School Information

Elementary: N/A

Middle: N/A

High: N/A

Location

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Mortgage Estimator

*Estimate includes Principal & Interest (P&I) only. It does not include taxes, insurance, HOA fees, or PMI. Rates and payments may vary. Consult a lender for accurate figures.

Listing Information

Provided Courtesy of:

AXEN REALTY, LLC

Listing Agent: Jenn Ott

Information is deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data last updated: February 13, 2026, 4:47 pm UTC

MLS Source: Stellar MLS Copyright © 2026

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