$1,250,000
15438/15440 Azra Dr
Odessa, FL 33556
Listing updated: April 24, 2026 at 9:35 AM ET
Listing courtesy of Florida Luxury Realty Inc · Frank Colucci · MLS #W7878559 · Active · 727-862-4447Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history239 days on market
- Status: ActiveAug 28, 2025
- Listed$1,250,000Aug 28, 2025
- Price increased$1,250,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 239
- Subdivision
- Keystone Park Colony Land Co
- County
- Pasco
- Price/sq ft
- $11
- Lot size
- 108,900 sq ft
- Lot category
- 2 to less than 5
- Flood zone
- x
- Annual taxes
- $3,322 (2024)
- Parcel #
- 36-26-17-0010-0NW16-0010
- Zoning
- R2
- MLS #
- W7878559
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Interior Details
- Direction faces
- South
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Paved
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- BB/HS Internet Available
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-08-28
- On market date
- 2025-08-28
- Original list price
- $1,250,000
- MLS area
- 33556 - Odessa
- Listing AOR
- West Pasco
- Status changed
- 2025-08-28
- Tax 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 risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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
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Listing provided by Stellar MLS
Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of April 24, 2026 at 9:35 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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