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Julia Vakulenko - Broker -

TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874 TB8471874
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5040 TERRACE PALMS CIR #102, TAMPA, 33617



Property highlights

  • MLS#: TB8471874
  • 874.00 lot size Sq.Ft.
  • Year built: 1983
  • Floor: 1
  • Pool: Community pool
  • Listed: 02/02/2026
  • Taxes: $1,878.07
  • HOA fees (monthly): $415.00
  • Average Monthly Fees (not including CDD, if any): $415.00
  • Maintenance fee includes: Pool, Maintenance Structure, Maintenance Grounds, Maintenance, Pest Control, Sewer, Trash and Water
  • Building Name: 5040
  • Virtual Tour

Property Overview

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.

Driving directions : Located across from USF Campus, on 50th Street between Fowler and Fletcher Ave - Community Name is Terrace Palms Condominium -

Property Features

Rooms Dimension Description
Kitchen 7x10 First level , Luxury Vinyl
Primary Bedroom 12x11 First level
Bedroom 2 12x11 First level , Luxury Vinyl
Living Room 12x12 First level , Luxury Vinyl

Interior Features

  • Living Room/Dining Room Combo
  • Open Floorplan
  • Stone Counters
  • Thermostat
  • Window Treatments

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Water Heater
  • Microwave
  • Range
  • Refrigerator
  • Washer

Heating

  • Central

Laundry features

  • Laundry Closet
  • Same Floor As Condo Unit

Air Conditioning

  • Central Air

Floor Covering

  • Luxury Vinyl

Utilities

  • Electricity Connected
  • Water Connected

Exterior features

  • Sidewalk
  • Sliding Doors

Pets restrictions

  • Contact HOA

Community Features

  • Pool
  • Sidewalks

Construction Materials

  • Stucco

Road Surface Type

  • Paved

Roof

  • Shingle

Foundation

  • Slab

Listing information courtesy of FUTURE HOME REALTY INC

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Listing data comes from My Florida Regional MLS.