Terrace Park Ph 03 Homes with Deed Restrictions Community Features

Welcome to Terrace Park Phase 03, an inviting subdivision nestled in the heart of Zephyrhills, Florida. This charming community in Pasco County offers a perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone looking to embrace the beauty of Florida living.

Terrace Park Phase 03 is a well-established neighborhood with homes that feature deed restrictions, ensuring that the aesthetic and integrity of the community are maintained. These guidelines help preserve property values and foster a sense of pride among residents. The homes in this subdivision are thoughtfully designed, offering a range of styles and sizes to suit various lifestyles and preferences.

As you stroll through the tree-lined streets, you’ll appreciate the well-maintained lawns and gardens that reflect the care and commitment of the residents. The community is not just about the homes; it also boasts fantastic amenities that enhance the quality of life. Residents can enjoy access to recreational facilities, parks, and walking trails, providing ample opportunities for outdoor activities and social gatherings.

Located just a short drive from local shops, restaurants, and entertainment options, Terrace Park Phase 03 offers the perfect balance of suburban serenity and urban accessibility. Whether you’re looking to explore the vibrant culture of Zephyrhills or relax in the comfort of your home, this subdivision has it all. Come discover the warmth and charm of Terrace Park Phase 03, where community spirit thrives and your dream home awaits!

$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

Newest Terrace Park Ph 03 Homes with Deed Restrictions Community Features