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$995,405
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Property 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.
Full Property Details
Full Property Details for 20125 Green Grass Ln
General
- Price: $995,405
- Taxes: $6,114 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: W7879081
- Updated: 10/23/2025
- Added to Site: 121 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 10
- Interior Features: High Ceilings
- Appliances: Cooktop, Range Hood, Refrigerator
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Exterior
- Exterior Features: Awning(s)
- Deck/Patio: Covered, Screened
- Porch/Patio/Deck: Covered, Screened
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Curb Parking
Location
- Area: 33558 - Lutz
- County: Pasco
- Development Name: 33558 - Lutz
- Subdivision: LAKE COMO HOMESITES
- 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.
- Direction Faces: South
Community
- Community Name: 33558 - Lutz
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected, Water Connected
Structural Information
- Architectural Info: Custom
- Architectural Style: Custom
- Exterior Const.: Other
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 3,169
- Sq. Ft. Source: Public Records
- Year Built: 1978
Additional Structures
- Other Structures: Additional Single Family Home, Boat House, Other
Lot Features
- Property View: Trees/Woods, Water
- Lot Size (Acres): 4.23
- Lot Size (Sq. Ft.): 109,821
- Lot Size: 2.5211
- Street/Road Desc.: Dirt, Unimproved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Access Desc: Lake
- Water Extras: Yes
- Water Front Desc.: Lake Front
Financial Considerations
- Tax Amount: $6,114.12
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LAKE COMO HOMESITES PB 3 PG 130 TRACT 5 EXC WEST 640 FT THEREOF
- Flood Zone Info: X/AE
- APN: 182635002.0005.00001.A
- Property ID: 182635002.0005.00001.A
- Block/Lot/Section: 20
Listed by Axen Realty, Llc
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Schools
Schools serving 20125 Green Grass Ln
School District:Pasco County School District
| Name | Grades | Distance |
|---|---|---|
Lake Myrtle Elementary School 22844 Weeks Blvd, Land O' Lakes, FL 34639 | K-5 | 3 mi |
Charles S. Rushe Middle School 18654 Mentmore Blvd, Land O' Lakes, FL 34638 | 6-8 | 2.3 mi |
Sunlake High School 3023 Sunlake Blvd, Land O' Lakes, FL 34638 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20125 Green Grass Ln
Date
Details
Price
Change
Source
9/18/2025
Listed
$995,405
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20125 Green Grass Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,167
1%
$346,395
-1%
2024
$6,114
6%
$350,041
—
2023
$5,752
23%
$348,865
25%
2022
$4,669
8%
$279,348
11%
2021
$4,315
—
$252,759
5%
2021
$4,315
3%
$239,621
—
2019
$4,175
1%
$239,966
1%
2018
$4,143
—
$237,883
1%
2017
$4,163
5%
$234,588
5%
2016
$3,948
-1%
$222,604
1%
2015
$4,001
3%
$221,050
1%
2013
$3,867
—
$219,363
2%
2013
$3,867
—
$215,964
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20125 Green Grass Ln
20125 Green Grass Lane, Lutz, FL 33558 (MLS# W7879081) is a Single Family property with 4 bedrooms and 3 full bathrooms. 20125 Green Grass Lane is currently listed for $995,405 and was received on September 18, 2025. Want to learn more about 20125 Green Grass Lane? Do you have questions about finding other Single Family real estate for sale in Lutz? You can browse all Lutz real estate or contact a Coldwell Banker agent to request more information.

