$212,000
3518 Kiah Drive
Wesley Chapel, FL 33543
Listing updated: July 21, 2026 at 4:49 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
Short Sale. INVESTOR SPECIAL — Short Sale — 5BR/3BA Value-Add Opportunity in Wesley Chapel 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 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. 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.
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 history55 days on market
- Status: ActiveMay 27, 2026
- Listed$240,000May 27, 2026
- Price reduced$212,000
Facts & features
- Property type
- Residential
- Sub type
- Manufactured Home
- Status
- Active
- Days on market
- 55
- Subdivision
- Terrace Park Ph 03
- County
- Pasco
- Year built
- 2001
- Living area
- 2,232 sq ft
- Price/sq ft
- $95
- Building area
- 2,460 sq ft (Public Records)
- Lot size
- 8,949 sq ft
- Lot category
- 0 to less than 1/4
- Flood zone
- X (12101C0434F)
- Annual taxes
- $2,184 (2025)
- Parcel #
- 24-26-20-0050-00000-0280
- Zoning
- RMH
- MLS #
- TB8511557
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Interior Details
- Bedrooms
- 5
- Full bathrooms
- 3
- Flooring
- Luxury Vinyl
- Appliances
- Convection Oven, Cooktop, Dishwasher, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Refrigerator
- 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)
- Laundry
- Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Attached garage
- No
- Parking features
- Driveway, Ground Level, Parking Pad
HOA & Financial
- HOA fee
- $45 / Quarterly
- Monthly HOA
- $15/mo
- Total monthly fees
- $15/mo
- Total annual fees
- $180
- HOA name
- Michelle
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, FHA, Other
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- No short term rentals - Buyer to verify
- Approval process
- None - Buyer to verify
Exterior & Construction
- Exterior features
- Lighting, Sidewalk, Sliding Doors, Storage
- Construction materials
- Vinyl Siding
- Roof
- Shingle
- Foundation
- Crawlspace
- Road surface
- Asphalt, Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Electricity Available, Public, Underground Utilities, Water Available
Community
- Pets allowed
- Breed Restrictions, Yes
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.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 23x17 |
| Kitchen | First | 22x12 |
| Laundry | First | 9x8 |
| Primary Bedroom | First | 17x14 |
| Primary Bathroom | First | 9x9 |
| Bedroom 2 | First | 13x10 |
| Bedroom 3 | First | 14x9 |
| Bedroom 4 | First | 14x11 |
| Bedroom 5 | First | 14x11 |
| Bathroom 2 | First | 11x5 |
| Bathroom 3 | First | 6x6 |
Listing Details
- Listing date
- 2026-05-22
- On market date
- 2026-05-27
- Original list price
- $240,000
- Occupant type
- Vacant
- Special conditions
- Short Sale
- MLS area
- 33543 - Zephyrhills/Wesley Chapel
- Listing AOR
- Orlando Regional
- Status changed
- 2026-05-27
- Tax legal description
- TERRACE PARK PHASE III PB 40 PG 138 LOT 28
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 Highway 54: Turn South onto New River Road, Turn Left into Terrace Park Community onto Terrace Boulevard, Continue to rear, Last Home on the Right (Corner Property), DRIVEWAY LOCATED ON RIGHT SIDE OF HOME
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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 July 21, 2026 at 4:49 PM 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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