Terrace Park Ph 03 Homes with Deed Restrictions Community Features

Welcome to Terrace Park Phase 03, a charming subdivision nestled in the heart of Zephyrhills, Florida, within the picturesque Pasco County. This delightful community offers a serene lifestyle, perfect for families, retirees, and everyone in between. With its well-maintained homes and beautiful landscapes, Terrace Park Phase 03 is the ideal place to call home.

One of the standout features of this community is its commitment to maintaining a high standard of living through deed restrictions. These guidelines ensure that the neighborhood remains visually appealing and well-kept, fostering a sense of pride among residents. You'll find a variety of homes that boast modern designs and thoughtful layouts, catering to a range of tastes and preferences. Whether you're looking for a cozy retreat or a spacious family home, Terrace Park Phase 03 has something to offer everyone.

The community is not just about beautiful homes; it also promotes a vibrant lifestyle. Residents can enjoy the numerous amenities available, including parks, walking trails, and recreational areas that encourage outdoor activities and social interaction. The friendly atmosphere makes it easy to connect with neighbors and create lasting friendships.

Conveniently located, Terrace Park Phase 03 is just a short drive away from local shopping, dining, and entertainment options. With easy access to major highways, commuting to nearby cities is a breeze. Discover the charm and warmth of Terrace Park Phase 03, where your dream home awaits in a welcoming community that truly feels like family. Come experience the best of Zephyrhills living!

$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 Features

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