Terrace Park Ph 03 Real Estate

Welcome to Terrace Park Phase 03, a hidden gem nestled in the charming city of Zephyrhills, Florida, within Pasco County. This delightful subdivision offers a perfect blend of tranquility and community spirit, making it an ideal place for families, retirees, and everyone in between.

Terrace Park Phase 03 is known for its well-maintained homes and lush landscaping, creating a picturesque environment that residents are proud to call home. Each property reflects a unique charm, with a variety of architectural styles to suit diverse tastes. The neighborhood boasts spacious lots, ensuring that homeowners enjoy ample outdoor space for gardening, play, or simply soaking in the beautiful Florida sunshine.

One of the standout features of this community is its inviting atmosphere. Residents often gather at local parks and community centers, fostering friendships and a sense of belonging. The neighborhood is conveniently located near essential amenities, including shopping centers, dining options, and recreational facilities. For those who appreciate the great outdoors, nearby parks and nature trails provide plenty of opportunities for hiking, biking, and enjoying Florida's stunning natural beauty.

Families will also appreciate the proximity to quality schools, making Terrace Park Phase 03 a desirable location for those with children. With its friendly community vibe and convenient access to all that Zephyrhills has to offer, this subdivision is truly a wonderful place to live.

Explore the charm of Terrace Park Phase 03 and discover why so many are proud to call this vibrant community their home. Your dream lifestyle awaits in this enchanting corner of Florida!

$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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