BUNGALOW TERRACE
Homes for Sale in TAMPA, FL
True comps, carrying-cost math, and listings before the portals.
Bungalow Terrace is an older St Petersburg pocket where the housing stock itself tells the story: a median build year in the early 1950s sitting inside a much wider range that stretches back to 1914 and forward to 2024. That spread means two houses on the same block can be a century apart in construction, wiring, and roof age, so condition and renovation history — not just square footage — drive what a buyer is actually paying for.
With 344 homes in the inventory and a median living area of 1,367 square feet, this reads as a community of modest-footprint, single-story-scale homes rather than large new construction. A homestead share just over half suggests a market with meaningful owner-occupancy but still enough turnover and investment activity to keep listings moving — worth factoring into how aggressively a buyer needs to move on a well-updated property versus a dated one.
The 60-Second Overview
Bungalow Terrace sits in Pinellas County within St Petersburg, built out gradually from the early 20th century through recent years rather than in one development cycle, which gives the neighborhood a mixed architectural age rather than a uniform look.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who BUNGALOW TERRACE is best for.
Best for
- Buyers looking for a smaller-footprint home in St Petersburg who are willing to research individual property condition and renovation history
- Buyers or investors comfortable navigating a mix of pre-war, mid-century, and newer construction on the same street
- Owner-occupant buyers who value long-term settling into an established Pinellas County location over new-build uniformity
Probably not for
- Buyers who want a single consistent architectural era or age of construction throughout the neighborhood
- Buyers prioritizing shared community amenities such as pools, clubhouses, or organized recreation
- Buyers who prefer to avoid due diligence on roof, electrical, or plumbing age given how wide the build-year range runs
The market around BUNGALOW TERRACE
BUNGALOW TERRACE is a small community — 61 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
In ZIP 33606, 137 homes are on the market and 20% are under contract — a steady corner of TAMPA.
Across Hillsborough County, 6,259 homes are active and 2,098 pending (25% under contract).
The housing mix here is 98% single family residence, 2% ?.
ZIP and county figures describe the wider market, not BUNGALOW TERRACE specifically. Momentum Research analysis of MLS records.
The BUNGALOW TERRACE buying strategy.
If we were buying in BUNGALOW TERRACE today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in BUNGALOW TERRACE.
A Century of Building Stock, One Block at a Time
The defining fact here is age variance. A year-built range running from 1914 to 2024 means original bungalows, mid-century infill, and contemporary builds are all mixed into the same 344-home count. The median year built, right around 1953-1954, confirms the core of the neighborhood is older housing stock, but it's not a museum — new construction has continued to fill in lots over time.
No community amenities are identified from current MLS listings, so this is a location built around its housing and its position in St Petersburg rather than shared recreational infrastructure. Buyers should evaluate each property on its own mechanical and structural condition rather than assume neighborhood-wide upgrades, and sellers should lean on documented renovation history to differentiate a listing in a market with this much age spread.
The location and the amenities are priced into every listing in BUNGALOW TERRACE. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a neighborhood where a home's construction era matters as much as its square footage, we pull permit and renovation history before we ever talk price, and we walk every comparable with an eye on age-driven condition differences rather than treating this as a uniform-inventory market.
BUNGALOW TERRACE in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a BUNGALOW TERRACE buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed BUNGALOW TERRACE sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in BUNGALOW TERRACE, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your BUNGALOW TERRACE home worth?
Get a no-obligation home value based on real comparable sales in BUNGALOW TERRACE, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in BUNGALOW TERRACE on the map →
Recent Developments in Bungalow Terrace
Development, infrastructure, retail, and school activity affecting Bungalow Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
33-story tower planned for Water Street Tampa expansion
Strategic Property Partners plans a 33-story mixed use tower at Water Street and Cumberland Avenue in downtown Tampa on a 1.9-acre site. The building would hold 452 residential units ranging from studios to three bedrooms plus about 37,000 square feet of retail and 645 parking spaces. Construction is scheduled to begin in spring 2027 with completion targeted for 2029.
What it may mean for the marketAdds a 33 story tower with 452 residential units and ground floor retail to the downtown Tampa market, continuing the buildout of the Water Street district and expanding high rise housing supply. The project is about 17 miles northeast of Bungalow Terrace, elsewhere in Hillsborough County.
Source: Florida YIMBY - July 2026Infrastructure
New Interstate 75 interchange planned for Parrish area access
A new Interstate 75 interchange is being planned to improve access for the Parrish area, primarily located in Hillsborough County and connecting to Manatee County through a possible Fort Hamer Road extension. The project is in the planning phase.
What it may mean for the marketPlans a new interstate interchange that would expand road capacity and connectivity for a growing area, potentially shaping future development patterns along the corridor. The project is about 20 miles southeast of Bungalow Terrace, elsewhere in Hillsborough County.
Source: Tampa Bay Times - July 2026Development
Mercy Oaks II affordable apartments open on North Florida Avenue
Catholic Charities, with the City of Tampa and Hillsborough County, completed Mercy Oaks II, a 17-unit affordable apartment building on North Florida Avenue in East Tampa built on the site of a former strip mall. The project includes 15 one-bedroom and two two-bedroom units, with seven units serving households up to 80 percent of area median income and ten up to 50 percent. It was supported by 1.25 million dollars in state SHIP funds from the city and sits next to the 20-unit Mercy Oaks I completed in 2022.
What it may mean for the marketAdds 17 income restricted apartments on a former strip mall site, expanding the affordable rental supply and converting vacant commercial land to housing. The project is about 20 miles northeast of Bungalow Terrace, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Development
St. Pete advances housing plan for nine vacant city lots
The St. Petersburg City Council unanimously approved a first reading of an ordinance to place a measure on the November 3 ballot that would remove nine vacant city lots in Methodist Town from the city's Charter Park and Waterfront Map. The change would allow up to 41 units of affordable or workforce housing, with four lots planned for single family homes and five larger parcels for multifamily housing. The lots have held park designations since 1984 but have remained vacant.
What it may mean for the marketAdvances a plan to convert nine vacant city lots into new single family and multifamily housing, adding to local housing inventory. Placing the parcels on the ballot could open long dormant land for residential construction. The site is less than a mile northwest of Bungalow Terrace.
Source: St Pete Catalyst - July 2026Infrastructure
St. Pete approves temporary downtown dock for Tampa Bay ferry
The St. Petersburg City Council approved a temporary ferry dock on Bayshore Boulevard near the Vinoy in downtown St. Petersburg under a three-year contract costing about 324,200 dollars. Hubbard's Marina will operate cross bay service between downtown St. Petersburg and the Tampa Convention Center, with two vessels running year round. Service is expected to begin in October or November.
What it may mean for the marketEstablishes a temporary downtown dock and cross bay ferry connection, adding a new transit option and waterfront infrastructure serving the downtown St. Petersburg market. The site is less than a mile northeast of Bungalow Terrace.
Source: FOX 13 Tampa Bay - July 2026Development
Blake-Related team selected to redevelop 86-acre Historic Gas Plant District
St. Petersburg selected a bid led by Blake Investment Partners, with the Related Group as co-developer, to redevelop the 86-acre Historic Gas Plant District at the Tropicana Field site. The roughly 8.1 billion dollar mixed use plan calls for more than 3,600 income-restricted residential units, a 13-acre central park, and office, retail, hotel and civic space over an estimated 20-year buildout. The developers plan to purchase about 58 acres while the city retains roughly one third.
What it may mean for the marketAdds a large mixed use district with thousands of new residential units, a central park, and office, retail, hotel and civic space to the downtown St. Petersburg market. Redevelopment of the Tropicana Field site reshapes the surrounding property landscape and expands housing supply. The site is less than a mile west of Bungalow Terrace.
Source: Florida YIMBY
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
How many homes are in BUNGALOW TERRACE?
What share of BUNGALOW TERRACE is owner-occupied?
When were the homes in BUNGALOW TERRACE built?
Do cash buyers compete in BUNGALOW TERRACE?
Who is the best real estate agent for BUNGALOW TERRACE?
How do I find a top TAMPA real estate agent who knows BUNGALOW TERRACE?
Can Momentum Realty connect me with an agent for BUNGALOW TERRACE?
Should you buy in BUNGALOW TERRACE?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 33606/33705)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2011 (20 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how BUNGALOW TERRACE fits the bigger picture — live prices, inventory, and Momentum Scores: