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.
| Price | $995,405 | |
| Bedrooms | 2 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Total Baths | 1 | |
| Lot Size Area | 19200 | |
| Lot Size Area Units | Square Feet | |
| Acres | 4.23 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Features | Ceiling Fan(s) | |
| Exterior Features | Balcony, Other | |
| Year Built | 1960 | |
| Subdivision | LAKE COMO HOMESITES | |
| Roof | Shingle | |
| Waterfront | MOSS LAKE | |
| Heating | Heat Pump | |
| Foundation | Slab | |
| Laundry Features | Inside | |
| Parking Description | Covered | |
| 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. | |
| County | Pasco | |
| Latitude | 28.177944 | |
| Longitude | -82.483616 | |
| Market Area | 33558 – Lutz | |
| Address | 20105 GREEN GRASS LANE, LUTZ, FL 33558 | |
| Postal Code | 33558 | |
| City | LUTZ | |
| State | FL | |
| Country | United States | |
| Listing Office | AXEN REALTY, LLC | |
| Listing Office Phone | 480-399-1218 | |
| Listing Agent | Jenn Ott | |
| Listing Agent Phone | 727-858-8153 | |
| Special listing conditions | None | |
| Ownership | Fee Simple | |
| Terms | Cash, Conventional, Special Funding | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/W7879086 | |
| Days on market | 42 | |
| MLS Status | Active | |
| Listing Date | Sep 18, 2025 | |
| Listing Last Modified | Oct 30, 2025 | |
| Tax ID | 182635002.0005.00002.0 | |
| Tax Year | 2024 | |
| Tax Annual Amount | 1946 | |
| MLS Area | 33558 – Lutz | |
| MLS # | W7879086 | |
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