Terrace Park Ph 03 Real Estate

Welcome to Terrace Park Phase 03, an inviting 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 accessibility, making it an ideal place to call home.

Terrace Park Phase 03 boasts a variety of beautifully designed single-family homes, each reflecting a unique charm and character. The well-maintained streets are lined with lush landscaping, creating a warm and welcoming atmosphere for residents and visitors alike. With spacious yards and friendly neighbors, it’s easy to see why families and retirees alike are drawn to this delightful community.

One of the standout features of Terrace Park is its prime location. Residents enjoy the convenience of being just minutes away from downtown Zephyrhills, where you can explore a variety of shopping, dining, and entertainment options. Outdoor enthusiasts will appreciate the close proximity to parks and recreational facilities, offering opportunities for hiking, biking, and enjoying the beautiful Florida sunshine.

Additionally, the community is known for its strong sense of camaraderie, with various events and activities organized throughout the year, fostering connections among neighbors. Whether you’re looking for a peaceful retreat or a lively community spirit, Terrace Park Phase 03 has something for everyone.

With its perfect blend of comfort, convenience, and community, Terrace Park Phase 03 is not just a place to live; it’s a place to thrive. Come discover your new home in this charming subdivision today!

$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

Terrace Park Ph 03 Real Estate

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