15438/15440 AZRA DR, ODESSA, FL, 33556
Active341 days on marketListed Aug 28, 2025MLS #W7878559
About this home
15438/15440 AZRA DR
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.
Facts & features
The home at a glance
2.5 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$7,651 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$7,651/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Keystone Park Colony
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Odessa. See the full Odessa guide →
Keystone Park Colony — neighborhood snapshot
Population
2,621
Median age
36
Median income
$132,769
Median home value
$535,520
Avg household
3
Households w/ children
334
For the school run
Pasco County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Odessa market
$725K → $675K
Odessa median sold, yr/yr
97.2%
Sale-to-list ratio (12 mo)
Median sold price, Odessa, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 88% above the ODESSA 33556 median. See the full Odessa market guide →
Paper trail
This home's history
Reality check
What actually sold near 15438/15440 AZRA DR
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$768,000
1925 SCHAER WAY · same community
4 bd · 3.5 ba · 2,993 sqft · $257/sqft · 53 DOM
Sold · Aug ’25$180,000
1640 VILLA CAPRI CIRCLE UNIT 206
1 bd · 1.5 ba · 812 sqft · $222/sqft · 41 DOM
Sold · Jul ’26$160,000
1600 VILLA CAPRI CIRCLE UNIT 307
1 bd · 1.5 ba · 868 sqft · $184/sqft · 269 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 15438/15440 AZRA DR — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 15438/15440 AZRA DR — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
15438/15440 AZRA DR FAQs
What would the monthly payment be for 15438/15440 AZRA DR?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $7,651/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 15438/15440 AZRA DR?+
The most recent tax bill on record (2024) was $3,322. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Odessa?+
At $1,250,000, this home is listed about 79% above the Odessa median of $700,000. The market section on this page shows how the area is trending.
Which schools are assigned to 15438/15440 AZRA DR?+
Odessa Elementary School (elementary), James W. Mitchell High School (high), Seven Springs Middle School (middle) — Pasco County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,250,000 runs 88% above the ODESSA 33556 median.
02Time on market is leverage
341 days on market against a Odessa median of 46 — sellers in this position are usually ready to negotiate.
03Strong assigned schools
Odessa Elementary School, James W. Mitchell High School, Seven Springs Middle School — Odessa Elementary School rates 4 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of FLORIDA LUXURY REALTY INC · Frank Colucci. MLS #W7878559.
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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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