$995,405
Pending · 180 days on market · MLS# MFRW7879089
| Lot size | 0.55 acres |
|---|---|
| Property type | Land |
| Waterfront | Yes |
| Annual taxes | $301 |
| County | Pasco |
Under contract-accepting backup offers. 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, the last lot of 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 parcels ready to build. 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.
Listing courtesy of Jenn Ott, DALTON WADE INC. Presented by MC Homes Realty Inc · 727432218.