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.
- Lot size: 2.5 acres
- 7 days on market
- 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
- County: Pasco
- Geo subdivision: KEYSTONE PARK COLONY LAND CO
Nearby Schools
Odessa Elementary
Seven Springs Middle-PO
J.W. Mitchell High-PO
Features
Utilities
Structure
Pets, Accessibility & Amenities
Financial
Tax, Legal & Financing
Let's get in touch!
Let's get in touch!

Fernanda Pizzammiglio
Florida Realtor 🇺🇸 🇧🇷
- Source: Stellar MLS
- MLS #: W7878559
Listing updated: August 29, 2025 at 3:05PM
Listing provided by: Frank Colucci, FLORIDA LUXURY REALTY INC
Last checked 0 seconds ago
Listing provided by: Frank Colucci, FLORIDA LUXURY REALTY INC
Last checked 0 seconds ago
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