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… Read More 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. Read Less
Built in 1960, Living area: 912, Living area units: Square Feet, Building faces East, 1 storey, Levels: One, Construction Materials: Vinyl Siding
Cooling
Central Air
Exterior Features
Balcony
Floors
Laminate, Tile
Foundation
Slab
Heating
Heat Pump
Interior Features
Ceiling Fans(s)
Laundry
Inside
Lot
4.23 acres
Parking
2 carport spaces, Covered
Roof
Shingle
Sewer
Septic Tank
Taxes
Additional parcels description:, Parcel Number: 18-26-35-002.0-005.00-002.0, Public Survey Range: 18E, Public Survey Section: 35, Annual Amount: $1,946.07, Tax Block: 0020, Tax Book Number: 3-130, 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, Lot: 5, Year: 2024, Zoning: R-1
Utilities
Electricity Connected, Water Connected, Water Source: Well
Water Features
Water Body Name: MOSS LAKE
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