Terrace Park Ph 03 Real Estate

Welcome to Terrace Park Phase 03, an enchanting subdivision nestled in the heart of Zephyrhills, Florida. This vibrant community is a hidden gem in Pasco County, offering residents a perfect blend of tranquility and convenience. With its lush landscapes, friendly neighbors, and an array of amenities, Terrace Park is the ideal place to call home.

The charm of Terrace Park Phase 03 lies in its thoughtfully designed homes, which cater to a variety of lifestyles. Whether you are a first-time homebuyer, a growing family, or looking to downsize, this community has something for everyone. The well-maintained streets and manicured lawns create an inviting atmosphere, perfect for evening strolls or morning jogs.

Residents of Terrace Park enjoy easy access to a host of recreational activities. Nearby parks, including the popular Zephyr Park, offer playgrounds, picnic areas, and walking trails, making it a great spot for family outings. The community is also conveniently located near shopping centers, dining options, and local schools, ensuring that all your daily needs are just a short drive away.

For those who appreciate a sense of community, Terrace Park Phase 03 hosts various neighborhood events throughout the year, fostering connections among residents. With its friendly ambiance and beautiful surroundings, this subdivision truly embodies the spirit of Florida living.

Come discover the warmth and charm of Terrace Park Phase 03 in Zephyrhills, where your dream home awaits! Experience the perfect balance of comfort, convenience, and community in this delightful neighborhood.

$195,000

5 Beds ⋅ 3 Baths ⋅ TB8511557 MLS

Short Sale. INVESTOR SPECIAL — Short Sale — 5BR/3BA Value-Add Opportunity at 3518 Kiah Dr Wesley Chapel - MOLD REMEDIATION NEEDED 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/heavy 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. Remediation quotes has been completed, ask listing agent for details. 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, Zephyrhills

Terrace Park Ph 03 Real Estate

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