Terrace Park Ph 03 Homes with Deed Restrictions Community Extras

Welcome to Terrace Park Phase 03, an enchanting subdivision nestled in the heart of Zephyrhills, Florida, within the picturesque Pasco County. This charming community is the perfect blend of tranquility and modern living, making it an ideal choice for families, retirees, and everyone in between.

Terrace Park Phase 03 boasts a delightful array of homes, each designed with comfort and style in mind. The properties here are characterized by their inviting curb appeal and well-maintained landscapes, providing a warm and welcoming atmosphere for residents and visitors alike. As a deed-restricted community, Terrace Park ensures that the neighborhood maintains its aesthetic charm and property values, giving you peace of mind in your investment.

The community extras are truly a standout feature of Terrace Park. Residents enjoy access to a variety of amenities that enhance the overall living experience. From serene walking paths and lush green spaces to community gatherings that foster friendships and connections, there’s always something happening in this vibrant neighborhood.

Located just a short drive from the bustling downtown Zephyrhills, residents have convenient access to shopping, dining, and recreational activities. Whether you’re exploring local parks, enjoying a round of golf, or indulging in the delightful culinary scene, there’s never a shortage of things to do.

Discover the charm and community spirit of Terrace Park Phase 03, where a welcoming lifestyle and beautiful homes await you. Come and experience the perfect blend of comfort and convenience in this delightful Florida enclave!

$212,000

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

Short Sale. INVESTOR SPECIAL — Short Sale — 5BR/3BA Value-Add Opportunity in Wesley Chapel 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 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. 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

Newest Terrace Park Ph 03 Homes with Deed Restrictions Community Extras