5040 TERRACE PALMS CIRCLE 102 Tampa, FL $ 159,999
5040 TERRACE PALMS CIRCLE 102
$ 159,999
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5040 TERRACE PALMS CIRCLE 102

Tampa, FL, 33617
$ 159,999
Bedrooms2 Baths2.0 Sq 879

Monthly Estimate*

$ 985

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Condo for sale in Tampa, FL

for $159,999 with 2 bedrooms and 2 full baths. This 879 square foot condo was built in 1983 on a lot size of 0.02.

Investment opportunity with tenant in place generating $1,500/month! Welcome to the Terrace Palms Community and this beautifully renovated 2-bedroom, 2-bath condo, offering the perfect blend of cash flow and modern comfort.This updated unit features luxury vinyl plank flooring throughout the living room, kitchen, dining area, bedrooms, and walk-in closets, with ceramic tile in both bathrooms. The upgraded kitchen showcases stainless steel appliances, granite countertops, crisp cabinetry. Renovations have been completed in a tasteful, neutral palette, making the space appealing to both tenants and future owners. Enjoy an open back patio with serene green space views, along with an assigned parking space and guest parking. The unit also includes a private washer and dryer for added convenience.Ideally located near USF, Busch Gardens, AdventHealth, the VA Hospital, Moffitt Cancer Center, and major Tampa employers, with easy access to I-75 and I-275 for effortless commuting. Strong rental demand makes this a prime choice for investors.Maintenance-free living with HOA coverage that includes exterior maintenance, grounds, trash, and community amenities. Whether you’re seeking a turnkey investment, a future primary residence, or a low-maintenance lifestyle, this condo is available now and ready to perform.

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Condo Active

Price

$ 159,999

Bedrooms

2

Full Bath

2

Property Type

Condo

Taxes

$ 1,878

Style

Condominium

Lot Size

0.02

Year Built

1983

Town/City

Tampa

County/Region

Hillsborough

MLS | Web ID

TB8471874

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Water Connected
Roof Shingle
Appliances Dishwasher Disposal Dryer Electric Water Heater Microwave Range Refrigerator Washer
Zoning SPI-UC-3
HOA Fee 415
Association Fee Includes Community Pool Maintenance Structure Maintenance Grounds Maintenance Repairs Pest Control Pool Maintenance Sewer Trash Water
Construction Materials Stucco
Pets Allowed Cats OK Dogs OK
Year Built 1983
Levels One
Unit Number 102
Property Subtype Condominium
Tax Year 2024
Ownership Fee Simple
Community Features Pool Sidewalks
Assoc Fee Paid Per Monthly
County Hillsborough
New Construction false
Property Type Residential
Subdivision Name TERRACE PALMS CONDO
Facing Direction East
Garage Y/N false
Total Rooms 4
Full Baths 2
Status Active
Directions Located across from USF Campus on 50th Street between Fowler and Fletcher Ave - Community Name is Terrace Palms Condominium -
City TAMPA
Association Name WESTCOAST MANAGEMENT
Senior Community Y/N false
MLS Area 33617 - Tampa / Temple Terrace
Lot Size Units Square Feet
Lot Size Square Feet 874
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1878.07
Additional Parcels Y/N false
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8471874
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 0
Legal Description TERRACE PALMS CONDO UNIT NO B-13
Minimum Lease 1-2 Years
Water Access Y/N false
Monthly HOA Amount 415
HOA Monthly Maintenance 0
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Living Room/Dining Room Combo Open Floorplan Stone Counters Thermostat Window Treatments
Flooring Luxury Vinyl
Furnished Y/N Unfurnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Laundry Closet Same Floor As Condo Unit
Total Bedrooms 2
Total Baths 2
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Exterior
Exterior Amenities Sidewalk Sliding Doors
Water Source Public
Lot Size Area 874
Foundation Details Slab
Building Area Total 900
Lot Size Acres 0.02
Road Surface Type Paved
Private Pool false
Waterfront Y/N false
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* Excluded Features
List By
Future Home Realty Inc

Broker

damlasellsfl@gmail.com

Email

Affordability Calculator

$1,142
Per Month
86%
14%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$157
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/3/2026$159,999 Listed Price

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5040 TERRACE PALMS CIRCLE 102, Tampa, FL, 33617 is a Condo for sale at $159,999 with 879 sqft and a lot size of 0.02. 5040 TERRACE PALMS CIRCLE 102 has 2 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 33617 which is in Tampa, FL