new - 5 days on rocket

5013 Terrace Palms Cir Unit 101, Tampa, FL, 33617

$198,000

Home List Price

$2,351*

Closing Credit

2 Bedrooms
2 Full Baths
879 SqFt
$225/SqFt
Condo

Location

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5013 Terrace Palms Cir Unit 101, Tampa$198,000

Buyer Closing Credits

$2,351*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1983
HeatingCentral
CoolingCentral Air
MLS #TB8329179
Lot Size0.02 Acres
StatusActive

About 5013 Terrace Palms Cir Unit 101

This beautifully renovated 2-bedroom, 2-bathroom condo is a prime investment opportunity, located directly across from the University of South Florida (USF). With a tenant already in place until April, this property offers immediate rental income and the option to renew the lease with the current tenant. Features include: completely renovated interiors with modern finishes. Spacious 2 bedrooms and 2 full bathrooms. Open, bright living spaces with contemporary updates. Central location near USF, shopping, dining, and major roads. On-site amenities and well-maintained grounds. Tenant in place until April with lease renewal option. This condo is ideal for savvy investors looking for a turn-key rental property with the potential for long-term appreciation and consistent rental income. Don’t miss out on this fantastic opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 2
  • Living Area: 879 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS TAMPA CENTRAL
  • Office Phone: (813) 865-0700
  • Listing Agent: Milena Game Garcia

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s), Kitchen/Family Room Combo

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Private Mailbox, Sidewalk, Sliding Doors

Virtual/3D Tour

  • Virtual Tour: 5013 Terrace Palms Cir Unit 101
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From E Fowler Ave turn left onto N 50th St then turn right onto Terrace Palms Cir and property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,000
  • Price Per SqFt: $225/SqFt

HOA Fees:

  • Amount: $380
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,181
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tampa, FL.

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Tampa, FL

City

Med. Sold Price

$424.9K

Med. Price/SqFt

$275

Avg. Days On Market

51

# of Sold Homes

488

5013 Terrace Palms Cir Unit 101 vs Tampa

5 DAYS ON ROCKET

-46 Days

$198,000

-$226.9K Less

$225/SqFt

-$50 Less

KEY TAKEAWAY

This property is $226.9K less than the Median Sold Price and $50/SqFt less than other homes in Tampa, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8329179

Listing Office:

  • Office Name: KELLER WILLIAMS TAMPA CENTRAL
  • Office Phone: (813) 865-0700
  • Listing Agent: Milena Game Garcia

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 24, 2003Home Sold
$49,000
Jun 05, 2002Home Sold
$43,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,181$60,406
2018$1,098$60,385
2017$963$47,067

History based on county public records data.

Payment Calculator

$1,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$660

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4287844
4
/10

  • Temple Terrace Elementary School

  • 124 Flotto Ave

  • 1.65 miles

  • Public District Grades PK-5

school-card-donut-4287845
4
/10

  • Lewis Elementary School

  • 6700 Whiteway Dr

  • 1.86 miles

  • Public District Grades PK-5

school-card-donut-4287846
1
/10

  • Village of Excellence Academy

  • 8718 N 46th St

  • 1.91 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,522. Most Tampa, FL residents have annual incomes less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Tampa, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Tampa, FL.

Tampa's housing market showcases a diverse array of options, with single-family homes being a significant portion of the landscape. Architectural styles vary, with modern, Mediterranean, and bungalow designs prevalent throughout the area. The housing stock is a mix of historic homes dating back to the early 20th century and newer constructions that reflect the city's growth. The homeownership rate in Tampa is robust, with a healthy balance between owners and renters.

What is it like to live in Tampa, FL?

Tampa is celebrated for its vibrant culture and rich history, offering residents a blend of urban amenities and suburban comfort. The community prides itself on its waterfront parks, bustling downtown, and a calendar filled with festivals and events that showcase the city's diverse heritage and lively spirit.

Is it easy to get around Tampa, FL without a car?

The city is served by a comprehensive educational system, including numerous public and private schools, catering to a range of educational needs and preferences. Healthcare is well-facilitated with several hospitals and clinics providing a spectrum of services from primary care to specialized treatments. Tampa's retail and dining scenes are reflective of its cultural diversity, with an array of options from local boutiques to international cuisine. The city is proactive in enhancing services to meet the evolving needs of its residents.

Transportation in Tampa, FL.

Tampa's transportation infrastructure supports a variety of transit options. The city offers bus services with routes connecting key areas, and ride-sharing is readily available. While some neighborhoods are more walkable and bike-friendly than others, the city is continuously improving its pathways and bike lanes. Major highways and roads facilitate travel and commuting, with ongoing projects aimed at improving traffic flow and accessibility.

Frequently Asked Questions About 5013 Terrace Palms Cir Unit 101

What is the listing price of this property?

The listing price of 5013 Terrace Palms Cir Unit 101 property is $198,000.

What type of property is this?

The property 5013 Terrace Palms Cir Unit 101 is a condo located in Tampa, Florida, 33617.

Is this property for sale now?

Active Listing: 5013 Terrace Palms Cir Unit 101 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,181 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 24, 2003 for $49,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5013 Terrace Palms Cir Unit 101 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5013 Terrace Palms Cir Unit 101 is 879 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5013 Terrace Palms Cir Unit 101 is 1983.

Rocket Homes›Florida›Hillsborough County›Tampa›33617›5013 Terrace Palms Cir Unit 101

This home is located at 5013 Terrace Palms Cir Unit 101 in Tampa, FL and zip code 33617. This 879 square foot home, which was built in 1983, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $198,000.

Tampa, FL housing market in November 2024 saw over 78 listings sold above listed price, more than 112 sold at listed price and over 298 sold below. In November 2024 in Tampa, FL there were 4.6% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $424,933, while the average time on the real estate market was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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