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Na , LUTZ, FL 33558
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Address: Na , LUTZ, FL 33558
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  • MLS#: W7879089 ( Land )
  • Street Address: Na
  • Viewed: 4
  • Price: $995,405
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 4
  • Additional Information
  • Geolocation: 28.1779 / -82.4841
  • County: HILLSBOROUGH
  • City: LUTZ
  • Zipcode: 33558
  • Subdivision: Lake Como Homesites
  • mfrmls
  • DMCA Notice
  • 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
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Water Source: Well Required
Utilities
  • Carport Spaces: 0.00
  • Sewer: Septic Needed
  • Utilities: Electrical Nearby, Water Nearby
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
  • Country: US
  • Current Use: Unimproved
  • Legal Description: LAKE COMO HOMESITES PB 3 PG 130 THE WEST 145.00 FT OF EAST 305.00 FT OF WEST 640.00 FT PF TRACT 5 TJE SOUTH 30.0 FT THEREOF RESERVED FOR INGRESS & EGRESS
  • Area Major: 33558 - Lutz
  • Parcel Number: 35-26-18-0020-0050-0030
  • Possession: Close Of Escrow
  • View: Trees/Woods
  • Zoning Code: R1
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Headshot for Associate Corey Campbell
  1. Corey Campbell, REALTOR ®
  2. Preferred Property Associates Inc
  3. 727.320.6734
  4. corey@coreyscampbell.com