15438/15440 Azra Dr, Odessa, FL 33556
Local realty services provided by:Gulf Shores Realty ERA Powered
Listed by:frank colucci
Office:florida luxury realty inc
MLS#:W7878559
Source:MFRMLS
Price summary
- Price:$1,250,000
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.
Contact an agent
Home facts
- Listing ID #:W7878559
- Added:57 day(s) ago
- Updated:October 25, 2025 at 12:08 PM
Structure and exterior
- Lot area:2.5 Acres
Schools
- High school:J.W. Mitchell High-PO
- Middle school:Seven Springs Middle-PO
- Elementary school:Odessa Elementary
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,250,000
- Tax amount:$3,322 (2024)
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