Terrace Park Ph 03 Real Estate

Welcome to Terrace Park Ph 03, a hidden gem nestled in the heart of Zephyrhills, Florida. This charming subdivision offers a perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and everyone in between. With its picturesque surroundings and welcoming community atmosphere, Terrace Park Ph 03 is more than just a neighborhood; it’s a lifestyle.

As you wander through the tree-lined streets, you’ll be captivated by the well-maintained homes, each with its unique character and charm. The community is designed with a focus on comfort and connection, featuring spacious lots that provide ample outdoor space for gardening, play, and relaxation. Residents enjoy a sense of camaraderie, often gathering for neighborhood events and enjoying the shared amenities that foster a close-knit community.

Located in Pasco County, Terrace Park Ph 03 is conveniently situated near essential services, shopping centers, and recreational facilities. The vibrant downtown Zephyrhills is just a short drive away, where you can explore local boutiques, dine at delightful eateries, and enjoy various community events throughout the year. Nature enthusiasts will appreciate the nearby parks and trails, perfect for hiking, biking, or simply soaking in the Florida sunshine.

Whether you’re looking for a peaceful retreat or a lively community, Terrace Park Ph 03 has something for everyone. Discover the charm of this delightful subdivision and envision your future in this inviting neighborhood. Your dream home awaits in Terrace Park Ph 03, where community spirit and serene living come together beautifully.

$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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