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For sale
  • $133,000

    5038 TERRACE PALMS CIRCLE #202, TAMPA, FL 33617

    2beds
    879sqft
    : 
    $1,372/mo
    Get pre-qualified
    Condominium
    Built in 1983
    -- sqft lot
    $140,700 Zestimate®
    $151/sqft
    $415/mo HOA

    What's special

    Private balconyGenerously sized walk-in closets
    Bring your vision and unlock the possibilities in this well-located 2-bedroom, 2-bathroom second-floor condo at Terrace Palms Condominium. Whether you’re a first-time homeowner, an investor searching for a rental near USF, or looking to downsize into a manageable home, this property offers an exciting opportunity at an attractive price point. The unit features updated tile flooring throughout most of the living areas, a kitchen with a one-year-old refrigerator, and generously sized walk-in closets that provide impressive storage for the square footage. The primary bedroom offers a private retreat with an attached en-suite bathroom. Step outside onto the private balcony and enjoy peaceful views overlooking the community courtyard. Residents of Terrace Palms also have access to desirable amenities, including a community pool and club room, creating additional space to relax, gather, and entertain. For buyers ready to add their personal touch, the layout offers exciting renovation potential. Imagine opening the kitchen into the living room to create a spacious, open-concept great room—perfect for modern living, entertaining, and adding value over time. Conveniently located just minutes from Busch Gardens and the University of South Florida, with downtown Tampa approximately 20 minutes away, this condo places shopping, dining, entertainment, education, and employment centers within easy reach. Affordable, versatile, and full of potential, this Terrace Palms condo is ready for its next chapter. Come see how you can transform it into the home or investment you’ve been looking for!
    4 days
    |
    210
    |
    7
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Miller 813-921-7699,

    GOLD REAL ESTATE SOLUTIONS 813-420-3394

    Source: Stellar MLS,MLS#: TB8535376MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 1
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Primary bathroom
      • Features: No Closet
      • Level: First
      • Area: 40 Square Feet
      • Dimensions: 8x5
      Bathroom 1
      • Features: No Closet
      • Level: First
      • Area: 48 Square Feet
      • Dimensions: 8x6
      Balcony porch lanai
      • Features: No Closet
      • Level: First
      • Area: 48 Square Feet
      • Dimensions: 8x6
      Dining room
      • Features: No Closet
      • Level: First
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Kitchen
      • Features: No Closet
      • Level: First
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Living room
      • Features: No Closet
      • Level: First
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
      • Laundry: Laundry Closet
      Features
      • Ceiling Fan(s), Kitchen/Family Room Combo
      • Flooring: Linoleum, Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 975
      • Total interior livable area: 879 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 2 Square Feet
      Details
      • Parcel number: U1028191HB00000000B21.0
      • Zoning: SPI-UC-3
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1983

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Clubhouse, Community Mailbox, Pool, Sidewalks
      • Pet fee: $0 monthly
      • Subdivision: TERRACE PALMS CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
      • HOA fee: $415 monthly
      • HOA name: Matthew O'Neil
      • HOA phone: 813-908-0766
      • Second HOA name: Westcoast Management and Realty Inc
      Location
      • Region: Tampa

      Financial & listing details

      • Price per square foot: $151/sqft
      • Tax assessed value: $113,990
      • Annual tax amount: $2,024
      • Date on market: 8/3/2026
      • Cumulative days on market: 5 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $140,700

        $124,000 - $158,000

        $1,591/mo

        Price history

        DateEventPrice
        8/4/2026Listed for sale$133,000+56.8%$151/sqft
        Source: Stellar MLS #TB8535376 Report a problem
        7/22/2020Sold$84,800-5.3%$96/sqft
        Source: Stellar MLS #U8089622 Report a problem
        7/5/2020Pending sale$89,500$102/sqft
        Source: KELLER WILLIAMS REALTY #U8089622 Report a problem
        7/2/2020Listed for sale$89,500+123.8%$102/sqft
        Source: KELLER WILLIAMS REALTY #U8089622 Report a problem
        7/1/2013Sold$40,000-57.4%$46/sqft
        Source: Stellar MLS #T2573665 Report a problem
        9/28/2005Sold$94,000+109.4%$107/sqft
        Source: Public Record Report a problem
        2/4/2003Sold$44,900$51/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,025 +11.6%$106,899 +10%
        2024$1,814 +7.9%$97,181 +10%
        2023$1,681 +9.8%$88,346 +10%
        2022$1,531 +14.9%$80,315 +10%
        2021$1,333 +120.4%$73,014 +20.9%
        2020$605 -43.6%$60,406 +18.6%
        2019$1,072 $50,914 -15.7%
        2018$1,072 +3.9%$60,385 +28.3%
        2017$1,032 +14.3%$47,067 +23%
        2016$903 +11.9%$38,252 +10%
        2015$807 +10.9%$34,775 +2.9%
        2014$727 $33,788 +7.1%
        2013$727 +17.5%$31,534 +15.1%
        2012$619 -14.2%$27,394 -13.8%
        2011$721 -8.9%$31,774 -10.3%
        2010$791 -37.4%$35,432 -39.6%
        2009$1,263 -23.3%$58,625 -24.2%
        2008$1,647 +7.5%$77,304 +6.4%
        2007$1,531 -13.8%$72,638 -6.1%
        2006$1,776 +77.1%$77,362 +89.1%
        2005$1,003 $40,907 +3.2%
        2004-- $39,649 +11.1%
        2003-- $35,700 +12%
        2002-- $31,885
        2001-- $31,885 +16.2%
        2000$731 $27,430
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 33617

        Getting around

        64 / 100
        Somewhat Walkable
        31 / 100
        Some Transit
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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