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$133,000

5038 Terrace Palms Circle

Tampa, FL 33617

Listing updated: August 4, 2026 at 1:30 AM ET

Active

Listing courtesy of Gold Real Estate Solutions · Richard Miller · MLS #TB8535376 · Active · 813-420-3394

Beds

Baths

879

Sq Ft

Acres

1983

Built

◆$151/sqft

Condominium

Property type

1983

Year built

2 sqft

Lot size

$151

Price / sq ft

$415/mo

HOA dues

Days on market

Flood zone

About this home

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!

Estimated monthly payment

Principal & interest$673

Property taxes$169

Home insurance (est.)$61

HOA dues$415

Down payment

20%

$26,600 downRate

6.5%

Term

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history0 days on market

Status: Active
Aug 4, 2026
Listed$133,000
Aug 3, 2026
Price increased$133,000

Facts & features

Property type: Residential
Sub type: Condominium
Status: Active
Days on market: 0
Subdivision: Terrace Palms Condo
County: Hillsborough
Year built: 1983
Living area: 879 sq ft
Price/sq ft: $151
Building area: 975 sq ft (Public Records)
Lot size: 2 sq ft
Flood zone: X (12057C0217H)
Annual taxes: $2,025 (2025)
Parcel #: U-10-28-19-1HB-000000-00B21.0
Zoning: SPI-UC-3
MLS #: TB8535376

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Interior Details

Bedrooms: 2
Full bathrooms: 2
Flooring: Linoleum, Tile
Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
Interior features: Ceiling Fans(s), Kitchen/Family Room Combo
Laundry: Laundry Closet
Stories / Levels: One
Direction faces: North

Heating & Cooling

Heating: Electric
Cooling: Central Air

HOA & Financial

HOA fee: $415 / Monthly
Monthly HOA: $415/mo
Total monthly fees: $415/mo
Total annual fees: $4,980
HOA name: Matthew O'Neil
CDD: No
Min lease term: No Minimum
Ownership: Fee Simple
Available for lease: Yes
Lease restrictions: No
Approval process: Approval by the Association only for unit owners only at the time of purchase

Exterior & Construction

Exterior features: Sliding Doors
Construction materials: Frame
Roof: Shingle
Foundation: Slab
Road surface: Asphalt

Utilities

Sewer: Public Sewer
Water source: Public
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Community

Pets allowed: Size Limit, Yes

Room Details

Room	Level	Dimensions
Primary Bedroom	First	12x12
Primary Bathroom	First	8x5
Kitchen	First	10x10
Living Room	First	12x12
Dining Room	First	12x8
Balcony/Porch/Lanai	First	8x6
Bedroom 1	First	12x12
Bathroom 1	First	8x6

Listing Details

Listing date: 2026-08-03
On market date: 2026-08-03
Original list price: $133,000
Occupant type: Vacant
MLS area: 33617 - Tampa / Temple Terrace
Listing AOR: Suncoast Tampa
Status changed: 2026-08-04
Tax legal description: TERRACE PALMS CONDO UNIT NO B-21

Flood risk

Minimal riskFEMA Zone XPanel 12057C0217H

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Located across from USF Campus, on 50th Street between Fowler and Fletcher Ave - Community Name is Terrace Palms Condominium - Builidng B (back left side of the community).

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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of August 4, 2026 at 1:30 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.

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