Terrace Park Ph 03 Real Estate

Welcome to Terrace Park Phase 03, a hidden gem nestled in the heart of Zephyrhills, Florida! This charming subdivision in Pasco County 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 boasts a variety of well-maintained homes that cater to diverse lifestyles and preferences. With its lush landscapes and tree-lined streets, residents can enjoy peaceful walks and a strong sense of neighborhood camaraderie. The community is designed to foster connections, with friendly neighbors and a welcoming atmosphere that makes you feel right at home.

The location of Terrace Park is simply unbeatable. Zephyrhills is known for its warm climate and outdoor recreational opportunities, including nearby parks and lakes perfect for fishing, hiking, and picnicking. Plus, the vibrant downtown area offers a delightful mix of local shops, restaurants, and community events, ensuring there’s always something to do.

Families will appreciate the proximity to quality schools and educational facilities, while retirees can take advantage of the numerous leisure activities available in the area. With easy access to major highways, residents can enjoy a quick commute to nearby cities, including Tampa and Orlando, expanding your options for entertainment and employment.

Whether you’re looking for a cozy family home or a peaceful retreat, Terrace Park Phase 03 is a community that truly embodies the best of Florida living. Discover your dream home in this delightful 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

Newest Listings in Terrace Park Ph 03