Terrace Park Ph 03 Homes with Deed Restrictions Community Extras

Welcome to Terrace Park Phase 03, a charming subdivision nestled in the heart of Zephyrhills, Florida, within the picturesque Pasco County. This delightful community combines the warmth of small-town living with modern conveniences, making it an ideal place for families, retirees, and everyone in between.

One of the standout features of Terrace Park Phase 03 is its commitment to maintaining a beautiful and harmonious neighborhood. With deed restrictions in place, residents can enjoy a well-manicured environment that enhances property values and fosters a sense of community pride. These restrictions ensure that homes are thoughtfully designed and maintained, contributing to the overall aesthetic appeal of the area.

The homes in Terrace Park Phase 03 are designed with comfort and style in mind, featuring a variety of layouts and sizes to suit diverse lifestyles. Whether you’re seeking a cozy retreat or a spacious family home, you’ll find options that cater to your needs. Many properties boast attractive landscaping, modern amenities, and inviting outdoor spaces perfect for entertaining or relaxing.

Beyond the boundaries of this lovely subdivision, residents can take advantage of Zephyrhills’ vibrant community offerings. Enjoy nearby parks, recreational facilities, and a friendly downtown area filled with local shops and dining options. The beautiful Florida weather invites outdoor activities year-round, making it easy to embrace an active lifestyle.

Discover the charm of Terrace Park Phase 03, where community spirit meets the beauty of Florida living. Your dream home awaits in this exceptional neighborhood!

Newest Terrace Park Ph 03 Homes with Deed Restrictions Community Extras

$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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