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Short Sale. INVESTOR SPECIAL — Short Sale — 5BR/3BA Value-Add Opportunity at 3518 Kiah Dr Wesley Chapel - MOLD REMEDIATION NEEDED - Leasing and pets allowed, NO AGE RESTRICTION in Phase 3!
Calling all investors: this 2,232 sq ft, 5-bedroom, 3-bath home in the heart of Wesley Chapel is a rare high-bedroom-count value-add play in one of Pasco County's fastest-growing corridors. Situated on a fee-simple owned corner lot (0.21 acres, no land lease), this 2001-built home offers a split floorplan, vaulted ceilings, and an oversized primary suite with private en-suite bath.
Medium/heavy rehab opportunity — priced accordingly. No major systems need replacement — the roof and 5-ton HVAC system are in good working condition. Whole-house mold remediation is needed, and a professional moisture report is available upon request for buyer due diligence. Scope of work includes plumbing repairs, drywall, paint, sub-floor repair in select areas, whole-house flooring, some cabinetry, and interior doors — primarily cosmetic and interior scope rather than structural or major mechanical. 2021 updates to the kitchen and baths (granite counters, solid wood soft-close cabinetry, stainless appliances) remain in place. Electric water heater replaced 2023, Roof and HVAC are 5 years old. Remediation quote available.
Short sale — all offers submitted to the lender for review. Cash or hard money preferred; home will not qualify for conventional FHA financing in current condition. Low HOA ($15/mo), no CDD, minimum lease term of 1-2 years supports a stable long-term rental exit strategy in a strong rental submarket near shopping, dining, top-rated schools, and major commuter routes (Bruce B. Downs Blvd, I-75).
Short sale approval process underway — seller motivated, agent responsive. Submit offers now; marketing period is limited.
Property Details
Price: $180,600
Sq Ft: 2,232
($81 per
sqft)
Bedrooms: 5
Bathrooms: 3
City: Wesley Chapel
County: Pasco
Type: Manufactured
Development: Terrace Park
Subdivision: Terrace Park Ph 03
Acres: 0.2100
Virtual Tour/Floorplan:
View
Year Built: 2001
Listing Number: TB8511557
Status Code: A-Active
Taxes: $2,183.58
Tax Year: 2025
Garage:
Furnishings: Unfurnished
Pets Allowed: Breed Restrictions, Yes
Total Recurring Fees: $15
Total Recurring Fee Frequency: 0.00
Interior Features:
Ceiling Fans(s)
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Split Bedroom
Stone Counters
Thermostat
Vaulted Ceiling(s)
Walk-In Closet(s)
Amenities:
Vehicle Restrictions
Financial Information:
Taxes: $2,183.58
Tax Year: 2025
Association Fee: $45.00
Association Fee Frequency: Quarterly
Exterior Features:
Lighting
Sidewalk
Storage
Equipment:
Convection Oven
Cooktop
Dishwasher
Electric Water Heater
Exhaust Fan
Ice Maker
Microwave
Range
Refrigerator
School Information:
Elementary School: Chester W Taylor Elemen-Po
Middle School: Raymond B Stewart Middle-Po
Junior High: Raymond B Stewart Middle-Po
High School: Zephryhills High School-Po
Additional Information:
Building Design: Manufactured House
MLS Area: 33543 - Zephyrhills/Wesley Chapel
Total Square Footage: 2,460
Price per Square Feet: $80.91
Total Floors: 1
Water: Public
Construction: Vinyl Siding
Date Listed: 2026-05-27 00:00:00
Furnished: Unfurnished
Parking: Driveway, Ground Level, Parking Pad
Flooring: Luxury Vinyl
Roof: Shingle
Heating: Central, Electric
Cooling: Central Air
Security: Smoke Detector(S)
Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Pets: Breed Restrictions, Yes
Sewer: Public Sewer
Lot Desc.: Corner Lot, In County, Landscaped, Sidewalk, Paved
Parcel ID: 24-26-20-0050-0
Amenities: Vehicle Restrictions
Map of 3518 Kiah Drive, Wesley Chapel, FL 33543
Listing Courtesy Of: Real Broker, Llc
katiefaithboggsrealtor@gmail.com