Terrace Park Ph 03 Real Estate

Welcome to Terrace Park Phase 03, a charming and vibrant subdivision nestled in the heart of beautiful Zephyrhills, Florida. This picturesque community, located in Pasco County, is an ideal haven for families, retirees, and anyone seeking a tranquil yet engaging lifestyle.

One of the standout features of Terrace Park Phase 03 is its welcoming ambiance. The neighborhood is characterized by tree-lined streets, well-maintained homes, and a strong sense of community among residents. Whether you’re taking a leisurely stroll or enjoying a morning jog, the serene surroundings and friendly neighbors create an inviting atmosphere that makes you feel right at home.

Residents of Terrace Park Phase 03 enjoy access to an array of amenities that enhance daily living. The community is conveniently located near local parks, shopping centers, and dining options, ensuring that everything you need is just a stone's throw away. For those who love the outdoors, the nearby parks offer walking trails, picnic areas, and playgrounds, perfect for family outings or quiet afternoons in nature.

Education is also a priority in this area, with several highly-rated schools nearby, making it an excellent choice for families with children. Additionally, the community's proximity to major highways provides easy access to neighboring cities and attractions, allowing for seamless commuting and exploration.

Experience the charm of Terrace Park Phase 03, where community spirit meets convenience in a beautiful Florida setting. Come discover your new home in this delightful subdivision today!

$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 Real Estate

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