Keystone Terrace
Homes for Sale in Odessa, FL
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 4 closed sales in Keystone Terrace in Odessa, FL since 2016, the most recent in July 2026. Across Odessa as a whole, 221 homes closed in the last 12 months at a median of $685,000, 40 median days on market, with 53 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $10,770 ($10,150 with the full homestead exemption).
There isn't enough current MLS activity in Keystone Terrace to isolate a price driver with any confidence, and no community amenities show up in the listings we can see. That absence is itself useful information: this is a small, quiet corner of Odessa rather than an amenitized subdivision with a clubhouse or gate fee attached to the price.
Without active listings or recent closings to point to, the honest posture right now is to treat this as a watch-and-verify market. A buyer or seller here should lean on a direct comparison to recently sold homes nearby rather than any community-level average, since Keystone Terrace itself isn't generating enough data to support one.
The 60-Second Overview
Keystone Terrace sits in Odessa, in Hillsborough County, and current MLS data does not show any identified community amenities tied to the neighborhood. It reads as a straightforward residential pocket rather than an amenity-driven community.
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 Keystone Terrace is best for.
Best for
- Buyers prioritizing the home and property over community amenities
- Buyers comfortable evaluating a listing on its own merits without a strong community comp set
- Buyers who prefer to avoid amenity-related HOA costs
Probably not for
- Buyers who want an active clubhouse, pool, or recreational amenity as part of the purchase
- Buyers who need a large recent-sales history to set price expectations
- Buyers who want a tightly amenitized, master-planned setting
The market around Keystone Terrace
Keystone Terrace is too small for its own price trend, so here is the market around it.
In ZIP 33556, 246 homes are on the market and 26% are under contract — a steady corner of Odessa.
Across Hillsborough County, 6,274 homes are active and 1,939 pending (24% under contract).
ZIP and county figures describe the wider market, not Keystone Terrace specifically. Momentum Research analysis of MLS records.
Recent Developments in Keystone Terrace
Development, infrastructure, retail, and school activity affecting Keystone 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 25 miles south of Keystone Terrace, elsewhere in Hillsborough County.
Source: Florida YIMBY - 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 south of Keystone Terrace, elsewhere in Hillsborough County.
Source: City of Tampa - July 2026Builder Activity
First 3D-printed affordable home nears completion in East Tampa
The nonprofit Corporation to Develop Communities of Tampa is completing Tampa's first 3D-printed affordable home on Lurline Circle in East Tampa, using a gantry-style printer that layers concrete for the walls. The house is expected to be finished within weeks and listed for sale in about two months, with down payment assistance and first time homebuyer programs available. The effort is part of a broader CDC initiative that includes more than 90 multifamily units in East Tampa.
What it may mean for the marketIntroduces 3D concrete printing construction to the local for sale housing market, with a new single family home and additional multifamily units planned. The method signals a new building technique entering the area home supply. The project is about 22 miles south of Keystone Terrace, elsewhere in Hillsborough County.
Source: Bay News 9 - April 2026Development
New mixed-use development planned on State Road 52 in central Pasco
A mixed-use development planned on State Road 52 in central Pasco County, next to Pilot Country Airport, would add 108 single-family homes, about 175,000 square feet of commercial and retail space, and a 120-room hotel, with completion expected around 2030.
What it may mean for the marketA new mixed-use community adds housing, retail, and lodging along the State Road 52 corridor in central Pasco, the kind of growth that can shape demand and pricing for nearby communities. The site is about 1 mile south of Keystone Terrace.
Source: Tampa Bay Times - January 2026Development
Moffitt Cancer Center opens flagship outpatient center at its new Speros FL campus in Pasco
Moffitt Cancer Center held the grand opening of its flagship outpatient cancer center in January 2026 at Speros FL, its large new campus on State Road 52 in Pasco County. The campus is planned as a long-term life sciences and medical hub expected to bring substantial employment to the area.
What it may mean for the marketA large new medical and life sciences campus is a long-term employment anchor for central Pasco, a structural demand driver for housing in the surrounding area. The site is about 4 miles west of Keystone Terrace.
Source: WUSF
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.
The Keystone Terrace buying strategy.
If we were buying in Keystone 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 Keystone Terrace.
A Quiet Pocket of Odessa
Keystone Terrace does not currently show a clubhouse, pool, or other shared amenity in the MLS record, which means whatever appeal it has is tied to the homes and lots themselves rather than a community package. That's not a knock — plenty of buyers in Odessa are looking for exactly that: a house on a piece of land, with no HOA-run amenity to fund or maintain.
Because there isn't enough listing volume here to speak to pricing patterns, condition mix, or turnover pace with any precision, the right move for anyone serious about this pocket is a targeted look at what's actually on or coming to market, rather than leaning on a community-wide statistic that doesn't yet exist.
The location and the amenities are priced into every listing in Keystone Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
When a community has this little public data behind it, the value of local, on-the-ground knowledge goes up, not down. We'll tell you plainly what we can and can't verify about Keystone Terrace and help you build a comparison set from nearby Odessa activity instead of guessing from a thin sample.
Keystone Terrace in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 Keystone 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 Keystone Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Keystone 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 Keystone Terrace home worth?
Get a no-obligation home value based on real comparable sales in Keystone 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.
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Should you buy in Keystone Terrace?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Keystone Terrace with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2016 (4 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.
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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 local comps.
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See how Keystone Terrace fits the bigger picture — live prices, inventory, and Momentum Scores:
Keystone Terrace Market Scorecard
Keystone Terrace is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 33556 ZIP is $667,564, about 11.4% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.