$180,600
3518 KIAH DR, WESLEY CHAPEL, FL 33543
ActiveProperty details
About this home
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID. MLS #MFR791386172. Listing brokerage: REAL BROKER, LLC. Status: Active.
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