Terrace Park Ph 03 Homes with Deed Restrictions Community Extras

Welcome to Terrace Park Phase 03, a charming subdivision nestled in the heart of Zephyrhills, Florida, within the picturesque Pasco County. This delightful community is a perfect blend of tranquility and modern living, offering residents a serene environment while still being close to the vibrant amenities of the city.

Terrace Park Phase 03 is a well-established neighborhood known for its beautiful homes and meticulously maintained landscapes. Each property boasts unique architectural styles, providing a diverse yet harmonious streetscape that enhances the community’s appeal. With deed restrictions in place, homeowners can take pride in their surroundings, ensuring that the neighborhood remains an attractive and desirable place to live.

This family-friendly community is designed to foster a sense of belonging and connection among its residents. The subdivision features well-lit streets, inviting sidewalks, and lush green spaces that encourage outdoor activities and leisurely strolls. Children can be seen playing in the yards, while neighbors gather for friendly chats, creating a warm and welcoming atmosphere.

In addition to the beautiful homes, Terrace Park Phase 03 offers several community extras that enhance the living experience. Residents can enjoy access to nearby parks, recreational facilities, and shopping centers, making it easy to engage in leisure activities and social events.

If you’re searching for a peaceful yet vibrant place to call home in Zephyrhills, look no further than Terrace Park Phase 03. Experience the charm of this wonderful community where comfort and convenience come together in perfect harmony!

$195,000

5 Beds ⋅ 3 Baths ⋅ Terrace Park Ph 03 SubDv. ⋅ 33543 Zip Code

Short Sale. INVESTOR SPECIAL — Short Sale — 5BR/3BA Value-Add Opportunity at 3518 Kiah Dr Wesley Chapel - MOLD REMEDIATION NEEDED 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. Remediation quotes has been completed, ask listing agent for details. 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.

3518 Kiah Drive, Wesley Chapel

Terrace Park Ph 03 Homes with Deed Restrictions Community Extras

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