$159,999

5040 TERRACE PALMS CIRCLE 102, Tampa, FL 33617

2 beds |
2 baths |
879 sqft

Condominium
Built in 1983
871sqft lot
—— car garage
$182/sqft
Listed 7 days ago

Property Description

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.

Listing Status:: Active
Date Added:: February 2, 2026
Data Last Updated:: February 9, 2026 at 4:23PM
Listing Office:: FUTURE HOME REALTY INC : 813-855-4982
Listing Agent:: Damla Burnukara : 813-284-8010
MLS ID:: TB8471874

General: Living Room/Dining Room ComboOpen FloorplanStone CountersThermostatWindow Treatments
Appliances: DishwasherDisposalDryerElectric Water HeaterMicrowaveRangeRefrigeratorWasher
Laundry: Laundry ClosetSame Floor As Condo Unit
Flooring: Luxury Vinyl
A/C: Central Air
Heating: Central

General: SidewalkSliding Doors

Roofing: Shingle
General: StuccoOneSlab

Road/Access: Paved
HOA Amenities: PoolMaintenance StructureMaintenance GroundsMaintenancePest ControlSewerTrashWater415.0Monthly
Originating MLS: Stellar MLS
County: Hillsborough

Zoning: SPI-UC-3TERRACE PALMS CONDO UNIT NO B-13U-10-28-19-1HB-000000-00B13.0

Utilities: Electricity ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Stellar MLS
Ownership: Fee Simple

Presented by MBA Realty Group, Inc.

This listing courtesy of Damla Burnukara , FUTURE HOME REALTY INC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pizzo K-8 School

11701 Usf Bull Run Dr, Tampa, FL, 33617

Grades PK-8

0.26 miles away

Pizzo K-8 School

11701 Usf Bull Run Dr, Tampa, FL, 33617

Grades PK-8

0.26 miles away

Focus Academy

304 Druid Hills Rd, Temple Terrace, FL, 33617

Grades 9-12

1.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.