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Built in 1983 - 100 units - 2 floors

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Building Information

Terrace Palms

Number of units: 100
Active listings for rent: 0
Active listings for sale: 3
Building inventory for sale: 3%
Number of sales over the last 12 months: 2
Number of sales over the last 6 months: 0
Number of sales over the last 3 months: 0
Avg. time to close over last 12 months: 51 days

Address

5001-5048 Terrace Palms Cir, Tampa, Hillsborough, FL, 33510

Terrace Palms Condominium
Wise Property Management, Inc.
Property Manager: (813) 968-5665 ext 307

Link: https://www.terracepalms.us/Home/Contact

Recent Sales

Unit # Size Closing Date Sale Price PPSF
202 879 sq ft Apr 2025 $161,700 $184
201 879 sq ft Mar 2025 $170,000 $193

Market Information

Building vs Area

Terrace Palms: $201/sq. ft.
Tampa: $295/sq. ft.

Area vs City

Tampa $295/sq. ft.
Hillsborough $229/sq. ft.

Inventory for sale

Tampa: 5%
Hillsborough: 5%

Avg. time to close over last 12 months

Terrace Palms 51 days
Tampa: 85 days
Hillsborough: 88 days