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$1,250,000
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Property Description
Prime 2.5-Acre Development Opportunity on Azra Road, Odessa Discover the immense potential of this spacious 2.5-acre property located in the desirable community of Grey Hawk, Odessa. The land is the true asset here-perfect for investors and developers looking to create a custom housing development or a private estate. The property features a 5-bedroom home that provides immediate living options during your development process, or it can be thoughtfully demolished to make way for a luxurious new residence. With generous space available, there is ample room to build multiple homes on quarter-acre lots or larger estates, making it an ideal site for a boutique community or a private family compound. Access is secure through the Grey Hawk gated entrance, while remaining outside the HOA, offering flexibility in development plans. Neighboring parcels are smaller (.22-.23 acres) with assessed values around $123,000, highlighting the value and growth potential of this larger parcel. Seize this rare opportunity to shape your vision in a thriving Odessa location. For more information or to discuss development possibilities, please call or text today.
Full Property Details
Full Property Details for 15438/15440 Azra Dr
General
- Price: $1,250,000
- Taxes: $3,321 (2024)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: W7878559
- Updated: 8/29/2025
- Added to Site: 143 day(s) ago
Location
- Area: 33556 - Odessa
- County: Pasco
- Development Name: 33556 - Odessa
- Subdivision: KEYSTONE PARK COLONY LAND CO
- Driving Directions: From State Road 54 Turn into the Grey Hawk subdivision on Lake Polo Drive and follow around to the right. Driveway will be on the left adjacent to a playground and parking lot
- Direction Faces: South
School Information
- Elementary School: Odessa Elementary
- Middle School: Seven Springs Middle-PO
- High School: J.W. Mitchell High-PO
Community
- Community Name: 33556 - Odessa
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available
Structural Information
- Current Bldg. Use: Mixed Use
Lot Features
- Lot Size (Acres): 2.5
- Lot Size (Sq. Ft.): 108,900
- Lot Size: 2.5
- Lot Dimensions: 500 x 500
- Street/Road Desc.: Paved
Financial Considerations
- Price Per Acre: $500,000
- Assoc Fee Desc.: None
- Tax Amount: $3,321.95
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: KEYSTONE PARK COLONY PB 1 PG 64 POR TRACT 16 IN NW1/4 DESC AS NE1/4 OF TRACT 16 OR 1295 PG 1456 OR 5021 PG 260
- Flood Zone Info: x
- APN: 36261700100NW160010
- Property ID: 36261700100NW160010
- Block/Lot/Section: 0NW16
Listed by Florida Luxury Realty Inc
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Price & Sales History for 15438/15440 Azra Dr
Date
Details
Price
Change
Source
8/28/2025
Listed
$1,250,000
—
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 15438/15440 Azra Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,391
—
$223,537
1%
2024
$3,381
4%
$221,957
2%
2023
$3,245
16%
$216,716
6%
2022
$2,805
7%
$204,075
8%
2021
$2,621
4%
$188,604
4%
2020
$2,509
1%
$182,119
1%
2019
$2,496
6%
$180,489
5%
2018
$2,353
5%
$171,770
6%
2017
$2,237
4%
$161,971
3%
2016
$2,146
-11%
$157,243
15%
2015
$2,410
73%
$136,791
21%
2013
$1,390
—
$113,050
—
2013
$1,390
—
$113,252
—
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 15438/15440 Azra Dr
15438/15440 Azra Dr, Odessa, FL 33556 (MLS# W7878559) is a Lots/Land property with a lot size of 2.5 acres. 15438/15440 Azra Dr is currently listed for $1,250,000 and was received on August 28, 2025. Want to learn more about 15438/15440 Azra Dr? Do you have questions about finding other Lots/Land real estate for sale in Odessa? You can browse all Odessa real estate or contact a Coldwell Banker agent to request more information.

