Terrace Park Ph 03 Homes with Deed Restrictions Community Extras

Welcome to Terrace Park Phase 03, a picturesque subdivision nestled in the heart of Zephyrhills, Florida, within the charming Pasco County. This vibrant community is perfect for those seeking a blend of tranquility and modern living, surrounded by the natural beauty that Florida has to offer.

Terrace Park Phase 03 is an inviting neighborhood characterized by its well-maintained homes and lush landscaping. With deed restrictions in place, residents enjoy a sense of pride and cohesion, ensuring that the community remains visually appealing and well-kept. These regulations help maintain property values and create a welcoming atmosphere for families, retirees, and everyone in between.

One of the standout features of this community is its commitment to providing a safe and enjoyable environment for all residents. With amenities that include beautifully landscaped common areas and recreational spaces, residents can enjoy leisurely strolls, picnics, and outdoor activities right at their doorstep. The close-knit community vibe fosters friendships and connections, making it easy to meet neighbors and build lasting relationships.

Conveniently located, Terrace Park Phase 03 offers easy access to local shopping, dining, and entertainment options. The nearby Zephyrhills area is known for its charming downtown, vibrant farmer's market, and various parks, providing ample opportunities for outdoor recreation and community events.

If you’re looking for a home in a well-established, deed-restricted community that values beauty and togetherness, Terrace Park Phase 03 is the perfect place to call home. Discover the warmth and charm of this delightful neighborhood today!

$180,600

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, Roof and HVAC are 5 years old. 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 Extras

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