Terrace Park Ph 03 Homes with Deed Restrictions Community Features

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, within the picturesque Pasco County. This delightful community offers a perfect blend of tranquility and modern living, making it an ideal choice for families, retirees, and everyone in between.

Terrace Park Phase 03 is known for its well-maintained homes, each exuding a unique character while adhering to the community’s deed restrictions, which ensure a cohesive and aesthetically pleasing environment. These guidelines help maintain property values and foster a sense of pride among residents, ensuring that the neighborhood remains a beautiful place to call home.

The community features a range of amenities designed to enhance your lifestyle. Residents can enjoy leisurely strolls along tree-lined streets, engaging in friendly conversations with neighbors, or spending quality time at the nearby parks. With a strong sense of community spirit, Terrace Park Phase 03 is not just a place to live; it's a place to thrive.

Located conveniently close to shopping centers, dining options, and recreational activities, residents have everything they need within reach. Whether you’re exploring the local parks or enjoying a day out in the vibrant city of Zephyrhills, this subdivision offers a perfect balance of comfort and convenience.

If you’re looking for a welcoming community that values quality living and a friendly atmosphere, Terrace Park Phase 03 is the perfect place to find your dream home. Come discover the charm and warmth of this wonderful neighborhood today!

Newest Terrace Park Ph 03 Homes with Deed Restrictions Community Features

$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

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