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Residential Income Property with Den
New
For Sale
$324,333

1123 BENSBROOKE Drive, Wesley Chapel, FL 33543

Residential, WESLEY CHAPEL, FL

Property Size1,713 SF
Lot Size0.10 Acres
Price / SF$189.34
Days on Market3

Property Features for 1123 BENSBROOKE Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning MPUD
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Pets allowed Breed Restrictions
Interior features Ceiling Fans(s), Open Floorplan
Exterior features Sidewalk
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Subdivision MEADOW POINTE 03 PRCL PP & QQ
Elementary school Double Branch Elementary
Middle school John Long Middle-PO
High school Wiregrass Ranch High-PO
Directions From SR 56 Go East To R On Meadow Pointe Blvd. L On Larkenheath, R On Bensbrooke. From County Line Rd, Go East To R On Mansfield, L On Beardsley, L On Meadow Pointe Blvd, R On Larkenheath, R On Bensbrooke and proceed to 1123.
Standard status Active
APN 34-26-20-0080-05200-0330
Size 1,713 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MEADOW POINTE III PARCEL PP AND QQ PB 52 PG 059 BLOCK 52 LOT 33
Tax Annual Amount 5941
Legal Description MEADOW POINTE III PARCEL PP AND QQ PB 52 PG 059 BLOCK 52 LOT 33

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

gated community
screened patio
fully fenced yard

Building Details

Year built 2005
Floors in Building 1
Flooring type Vinyl, Tile
Building materials Block, Concrete
Roof type Shingle
Listing Agency: KELLER WILLIAMS TAMPA CENTRAL · Keller Williams Realty
Listed By: Tina Fazio
Added: Oct 5 Changed: Oct 7 Last Checked: Oct 7 at 1:06PM
MLS# TB8555075

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,713-square-foot villa has an open floor plan connecting the kitchen, dining area, and living room, along with a flexible den. The home includes a screened patio and fenced yard. Interior updates include flooring and lighting; the tankless water heater dates to 2018 and the HVAC system to 2016. The property was built in 2005 and sits on a 0.1-acre lot.

The home is in a gated community in Wesley Chapel. HOA services include lawn care, irrigation, and exterior maintenance. Schools, shopping, hospitals, and restaurants are nearby, with highway access also noted.

Key Highlights

  • 1,713‑square‑foot villa on a 0.1‑acre lot
  • Flexible den and open‑plan kitchen, dining, and living areas
  • Screened patio and fenced yard

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 (±1% cap)
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 (±1% cap)
NOI $27,315 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Big Box & Wholesale Store Pharmacy Auto Repair Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - A flexible den, screened patio, and fenced yard complement the villa’s open living area.
Where is this residential income property located?
The property is located at 1123 BENSBROOKE Drive 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 on a 0.1‑acre lot; Flexible den and open‑plan kitchen, dining, and living areas; Screened patio and fenced yard
More about this property
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