Terrace Park Ph 03 Homes with Deed Restrictions Community Features

Welcome to Terrace Park Ph 03, a charming subdivision nestled in the heart of Zephyrhills, Florida, within the picturesque Pasco County. This delightful community is designed for those who appreciate the blend of suburban tranquility and convenient access to urban amenities.

Terrace Park Ph 03 boasts a collection of beautifully crafted homes, each thoughtfully designed to create a welcoming atmosphere. The community is characterized by its meticulous landscaping and well-maintained streets, fostering a sense of pride among residents. With deed restrictions in place, homeowners can enjoy the assurance that their neighborhood will remain visually appealing and harmonious, enhancing the overall quality of life for everyone.

One of the standout features of Terrace Park Ph 03 is its vibrant community spirit. Residents often gather for neighborhood events, fostering friendships and a sense of belonging. The subdivision is also conveniently located near a variety of recreational facilities, parks, and shopping centers, making it easy for families to enjoy outdoor activities, dining, and entertainment.

For families with children, the area is served by reputable schools, ensuring that educational opportunities are just a stone's throw away. Whether you’re a first-time homebuyer or looking to settle down in a peaceful environment, Terrace Park Ph 03 offers the perfect blend of comfort, community, and convenience.

Come discover why Terrace Park Ph 03 is not just a place to live, but a place to call home. Experience the warmth and charm of this beautiful subdivision today!

$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 Features

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