Terrace Park Ph 03 Homes with Deed Restrictions Community Features

Welcome to Terrace Park Phase 03, a charming subdivision nestled in the heart of Zephyrhills, Florida. This delightful community in Pasco County offers a perfect blend of comfort, convenience, and community spirit. Known for its picturesque landscapes and welcoming atmosphere, Terrace Park Phase 03 is an ideal place for families, retirees, and everyone in between.

Homes in this deed-restricted community are designed with quality and style in mind. You’ll find a variety of well-maintained properties that showcase thoughtful architectural designs and lush landscaping. The deed restrictions help maintain the aesthetic appeal of the neighborhood, ensuring that your investment is safeguarded and the community remains beautiful for years to come.

Life in Terrace Park Phase 03 is enhanced by a range of community features. Residents enjoy access to well-kept common areas, perfect for leisurely strolls or family picnics. The community fosters a sense of belonging, with friendly neighbors who value a peaceful and respectful living environment. Plus, the proximity to local amenities makes daily living a breeze. From shopping centers and dining options to parks and recreational facilities, everything you need is just a short drive away.

For those who appreciate a community that values both aesthetics and camaraderie, Terrace Park Phase 03 is a hidden gem in Zephyrhills. Experience the warmth of this inviting neighborhood and discover your dream home 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 Features

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