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$150,000
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Property Description
Welcome to the Terrace Palms Community and this RENOVATED 2bd/2ba CONDO that is ready to be an investment or move-in ready home featuring laminate flooring, an upgraded kitchen that has stainless steel appliances, granite counter-tops, beautiful white cabinets, and ceiling fans. Laminate floors are throughout the living room, kitchen, dining room, both bedrooms and walk-in closets! Ceramic tiles are in both bathrooms. This 2nd floor unit has an open back patio with private views of open green space. All renovations have been done in a tasteful and neutral manner for you to make it your own. Assigned parking space and guest parking is available. This unit also comes equipped with its own washer/dryer. Located conveniently where you can walk or bike to the USF campus, near Busch Gardens, Advent Hospital, The VA Hospital and Moffitt Cancer Center, and major Tampa employers. This PRIME is location is also close to I-75 & I-275 for easy commuting. Ideal for investors with a strong rental demand. Maintenance-free living, HOA covers exterior maintenance, grounds, trash, and community amenities. Whether you're looking for your first home, downsizing, or seeking a cash-flowing investment property, this condo is available NOW and ready for you!
Full Property Details
Full Property Details for 5023 Terrace Palms Cir #201
General
- Price: $150,000
- HOA FEE: $415/month
- Taxes: $956 (2024)
- Status: Active
- Type: Condo
- Source: MidFloridaRegionalMLS
- MLS ID: TB8463406
- Updated: 1/22/2026
- Added to Site: 53 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 4
- Interior Features: Ceiling Fan(s), Solid Wood Cabinets, Stone Counters
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Tile, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Closet, Outside
Exterior
- Exterior Features: Balcony
Location
- Area: 33617 - Tampa / Temple Terrace
- County: Hillsborough
- Development Name: 33617 - Tampa / Temple Terrace
- Subdivision: TERRACE PALMS CONDO
- Driving Directions: Located across from USF Campus, on 50th Street between Fowler and Fletcher Ave - Community Name is Terrace Palms Condominium - Builidng L (back corner of the community).
- Direction Faces: North
School Information
- Elementary School: Pizzo-HB
- Middle School: Greco-HB
- High School: King-HB
Community
- Community Name: 33617 - Tampa / Temple Terrace
- Community Features: Community Mailbox, Deed Restrictions, Pool
- Association: Yes
- Assoc. Name: Garrett Spek
- Assoc. Fees Include: Community Pool, Maintenance Structure, Maintenance Grounds, Trash
- Number of Pets: 1
- Pet Restrictions: 1 pet under 20 pounds is allowed
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected
Structural Information
- Exterior Const.: Metal Frame, Stucco, Vinyl Siding, Wood Frame
- Roof: Shingle
- Windows: Blinds
- Stories/Levels: One
- Square Feet: 879
- Sq. Ft. Source: Public Records
- Year Built: 1983
Lot Features
- Property View: Trees/Woods
- Lot Size (Sq. Ft.): 2
- Lot Size: 2
- Street/Road Desc.: Paved
Financial Considerations
- Assoc Fee Desc.: None
- Condo Fee: $415
- Condo Fee Freq: Monthly
- Tax Amount: $956.23
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
- Special Conditions: None
- Legal Description: TERRACE PALMS CONDO UNIT NO L-22
- Flood Zone Info: X
- APN: U1028191HB00000000L22.0
- Property ID: U1028191HB00000000L22.0
Listed by Bhhs Florida Properties Group
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Schools
Schools serving 5023 Terrace Palms Cir #201
School District:Hillsborough County School District
| Name | Grades | Distance |
|---|---|---|
Pizzo K-8 School 11701 Usf Bull Run St, Tampa, FL 33617 | PK-8 | 0.2 mi |
Greco Middle School 6925 East Fowler Avenue, Temple Terrace, FL 33617 | 6-8 | 1.6 mi |
King High School 6815 North 56th Street, Tampa, FL 33610 | 9-12 | 3.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5023 Terrace Palms Cir #201
Date
Details
Price
Change
Source
1/22/2026
Price Reduced
$150,000
-11.76%
MLS
1/11/2026
Listed
$170,000
57.41%
MLS
12/03/2020
Sold
$108,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5023 Terrace Palms Cir #201
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,064
11%
$98,519
3%
2024
$956
5%
$95,742
3%
2023
$911
8%
$92,953
6%
2021
$845
-3%
$87,617
-3%
2022
$869
3%
$90,246
49%
2021
$845
-21%
$60,406
19%
2019
$1,072
4%
$50,914
-16%
2018
$1,032
14%
$60,385
28%
2017
$903
12%
$47,067
23%
2016
$807
7%
$38,252
10%
2015
$751
3%
$34,775
3%
2014
$727
496%
$33,788
21%
2013
$122
—
$27,860
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5023 Terrace Palms Cir #201
5023 Terrace Palms Circle #201, Tampa, FL 33617 (MLS# TB8463406) is a Condo property with 2 bedrooms and 2 full bathrooms. 5023 Terrace Palms Circle #201 is currently listed for $150,000 and was received on January 11, 2026. Want to learn more about 5023 Terrace Palms Circle #201? Do you have questions about finding other Condo real estate for sale in Tampa? You can browse all Tampa real estate or contact a Coldwell Banker agent to request more information.

