Residential Income Property with
For Sale
$324,333
1123 BENSBROOKE DR, Wesley Chapel, FL 33543
A gated villa combines flexible den space with a screened patio and fenced yard.
Property Size1,713 SF
Days on Market16
Property Features for 1123 BENSBROOKE DR
General Information
Standard status
Active
Size
1,713 SF
Property subtype
Half Duplex
Units
Unit Mix
1 x 2BR/2BA with den
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$5,941
Amenities
screened patio
fenced yard
gated
Building Details
Building Size
1,713 SF
Year Built
2005
Listing Agency:
KELLER WILLIAMS TAMPA CENTRAL
Listed By:
Tina Fazio · License #3491421
(813) 545-9762
Source:
Judibeck
Added: Oct 5
Changed: Oct 16
Last Checked: Oct 19 at 4:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS TAMPA CENTRAL
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Investment Insights
Based on property information with market context.
This 2005-built villa offers 1,713 square feet with two bedrooms, two bathrooms, and a den. The open kitchen connects to the dining and living areas. A primary suite includes a double vanity and walk-in closet. Recent interior improvements include new flooring and lighting, with a tankless water heater installed in 2018 and HVAC updated in 2016.
The property is in the gated Larkenheath community within Meadow Pointe in Wesley Chapel. Outdoor features include a screened patio and fully fenced yard. HOA-covered exterior maintenance includes a new roof, exterior painting, lawn care, and irrigation.
The property is in the gated Larkenheath community within Meadow Pointe in Wesley Chapel. Outdoor features include a screened patio and fully fenced yard. HOA-covered exterior maintenance includes a new roof, exterior painting, lawn care, and irrigation.
Key Highlights
- 1,713‑square‑foot villa with 2 bedrooms, 2 bathrooms, and a den
- Screened patio and fully fenced yard
- Tankless water heater installed in 2018; HVAC updated in 2016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,755
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,100
$315.1K
Cap Rate 7%
$225,071
$225.1K
Cap Rate 9%
$175,056
$175.1K
Market Conditions
NOI Build-Up for 1,713 SF
Gross rent
$30.8K $18.00/SF
− Vacancy
−$2.2K −$1.28/SF
EGI
$28.6K $16.72/SF
− OpEx
−$12.9K −$7.52/SF
NOI
$15.8K $9.20/SF
Area
Pasco County, FL
Vacancy
7.10%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,100
Cap Rate 7%
$225,071
Cap Rate 9%
$175,056
Alternative Uses
Best Use
Apartment 5plus
$225.1K
$196.9K – $262.6K
NOI $15,755 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.2K
$341.4K – $455.3K
NOI $27,315 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
48
Businesses Nearby
Explore this area
Business Placement
Demographics for 33543, FL
34,953
Population
14,197
Households
2.5
Avg Household Size
39
Median Age
51%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
1,329
Density / Sq Mi
$107,565
Median Household Income
$55,894
Median Earnings
$2,138
Median Rent
$365,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A gated villa combines flexible den space with a screened patio and fenced yard.
Where is this residential income property located?
The property is located at 1123 BENSBROOKE DR Wesley Chapel, FL.
What is the asking price?
The asking price for this property is $324,333.
What are key features of this property?
This property features: 1,713‑square‑foot villa with 2 bedrooms, 2 bathrooms, and a den; Screened patio and fully fenced yard; Tankless water heater installed in 2018; HVAC updated in 2016
