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 is designed for those who appreciate a blend of comfort, convenience, and a touch of elegance.

Terrace Park Phase 03 is a deed-restricted community, ensuring that the neighborhood maintains its aesthetic appeal and quality of life for all residents. These restrictions help to preserve property values and foster a sense of pride in homeownership. You’ll find beautifully maintained lawns, attractive home designs, and a welcoming atmosphere that invites you to settle in and call this place home.

The homes in Terrace Park Phase 03 showcase a variety of architectural styles, offering something for everyone. From cozy single-family homes to more spacious layouts, each residence is thoughtfully designed to cater to modern living. Many homes feature open floor plans, updated kitchens, and lush outdoor spaces perfect for entertaining or simply enjoying the Florida sunshine.

In addition to its stunning homes, Terrace Park Phase 03 boasts a range of community features that enhance the living experience. Residents can enjoy well-kept common areas, walking paths, and nearby parks, making it easy to connect with nature and meet neighbors. The community's friendly ambiance encourages gatherings and social events, fostering a strong sense of camaraderie among residents.

Located just a short drive from shopping, dining, and entertainment options in Zephyrhills, Terrace Park Phase 03 offers the perfect balance of tranquility and accessibility. Discover the charm of this wonderful community and envision your future in one of its beautiful homes!

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

Start Your Search