Lorene Terrace
Homes for Sale in Tampa, FL
All 3,764 homes for sale in Tampa, FL · median $435,000 · 139 homes for sale in 33614 · Hillsborough County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
As of October 2026, Lorene Terrace in Tampa, FL has 1 home for sale. As of October 2026, the MLS records 32 closed sales in Lorene Terrace in Tampa, FL since 2006, the most recent in April 2025. Recorded prices since 2024 ran from $400,000 to $435,000 (median $430,000), on homes of 1,100 to 1,572 sq ft. Across Tampa as a whole, 5,135 homes closed in the last 12 months at a median of $430,000, 38 median days on market, with 3,251 homes for sale today. At that median and Hillsborough County's FY2025-26 rate of 15.73 mills, annual property tax runs about $6,760 ($6,140 with the full homestead exemption).
Lorene Terrace is an older Tampa pocket where price is driven far more by condition than by any single benchmark. With a housing stock spanning from 1924 to 2024 and a median build year of 1964, you are looking at a wide range of vintages side by side — original mid-century homes, decades of renovations, and the occasional new build. That mix means the median tells you less than the specific house in front of you; two homes on the same block can price very differently based on what has and hasn't been updated.
The current data window shows no recent closings to anchor pricing, so buyers and sellers are working off inventory and condition rather than a fresh comp trail. For sellers, that puts the burden on presentation and honest pricing. For buyers, it means underwriting each home on its own merits — roof, systems, and updates matter more than a neighborhood-wide number here.
Figures in this note are as of July 13, 2026. The live market numbers elsewhere on this page update nightly and are newer.
The 60-Second Overview
Lorene Terrace is a settled, mid-sized Tampa community of 456 homes in Hillsborough County, with a median footprint just under 1,760 square feet and a homestead share around 64% — a sign most owners occupy rather than rent.
Stellar MLS sales records identify 47 homes in Lorene Terrace that have changed hands since 2004, built between 1928 and 2000 (median 1959), with a median living area of about 1,517 sq ft and a typical 3-bedroom, 2-bath layout; 98% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 19 qualified sales in Lorene Terrace across 2024–2025 (12 in 2024, 7 in 2025), median $430,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
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 Lorene Terrace is best for.
Best for
- Buyers willing to inspect closely and budget for updates on an older home
- Owner-occupants seeking a moderate-sized home in a stable, settled area
- Renovation-minded buyers who see value in condition-driven pricing
Probably not for
- Buyers who want new construction and a consistent, modern housing stock
- Buyers who need a deep recent-comp trail to feel confident on price
- Buyers unwilling to take on the maintenance realities of mid-century systems
The market around Lorene Terrace
Lorene Terrace is too small for its own price trend, so here is the market around it.
In ZIP 33614, 161 homes are on the market and 22% are under contract — a steady corner of Tampa.
Across Hillsborough County, 6,324 homes are active and 1,810 pending (22% under contract).
In ZIP 33614 (Tampa), 349 homes closed in the last 12 months at a median of $410K ($270/sq ft), down 0.6% year over year, with a median 34 days on market. Right now 55 active and 16 pending listings put supply at about 4.8 months — a balanced market. See the live ZIP 33614 housing market and the Hillsborough County market.
ZIP and county figures describe the wider market, not Lorene Terrace specifically. Momentum Research analysis of MLS records.
Homes For Sale Right Now in Lorene Terrace
Live MLS inventory for Lorene Terrace. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Lorene Terrace listings as of 2026-10-01, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2025. Tap any home to ask about it.
The Lorene Terrace buying strategy.
If we were buying in Lorene 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 Lorene Terrace.
Vintage range, condition-led pricing
The century-wide year-built range is the defining feature. A home from the 1920s and one from 2024 can sit in the same community, and the median 1964 build tells you the core of the stock is mid-century. Practically, that means variable lot sizes, older systems in many homes, and renovation quality that ranges all over the map. Do your diligence on each property individually rather than assuming a neighborhood standard.
At a median living area near 1,759 square feet, these are moderate-sized homes rather than sprawling ones. The roughly 64% homestead share points to a stable owner-occupant base, which historically supports steadier upkeep across the community — though it also means turnover can be limited, and the right home may not come up on your timeline.
The location and the amenities are priced into every listing in Lorene Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community with no recent closings on record and a century-wide range of build years, the number that matters is the one for the specific house — not the neighborhood average. We underwrite each property on condition, systems, and renovation quality, so you are not overpaying for a listing that photographs better than it inspects, or overlooking a solid home that needs cosmetic work.
Lorene 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 Lorene 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 Lorene Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lorene 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 Lorene Terrace home worth?
Get a no-obligation home value based on real comparable sales in Lorene 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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Recently off market in Lorene Terrace
Homes in Lorene Terrace that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 1 on record.
- 9723 Yeshua Way · off market
| Location | Tampa, Hillsborough County, FL · ZIP 33614, 33618 |
|---|---|
| Homes in the community | 353 (FL DOR 2025 assessment roll) |
| Years built | 1924–2023 (median 1961.0) |
| Typical living area | 1,862 sq ft (median) |
| For sale right now | 1 active, 0 pending · median asking $2,950,000 |
| Owner-occupied (homestead) share | 67% |
Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2025; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lorene Terrace key facts,” movewithmomentum.com/neighborhoods/lorene-terrace, data as of September 20, 2026.
Housing distress & ownership in Lorene Terrace, Tampa
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Orange Grove Drive (10 homes on record)
22% of homes for sale in ZIP 33618 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-01).
Email me new listings in Lorene TerraceHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Lorene TerraceHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Lorene TerraceHomes for Sale will answer, and the answer is published on this page for the next buyer.
Recent Developments in Lorene Terrace
Development, infrastructure, retail, and school activity affecting Lorene Terrace, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- August 2026Development
AECOM Hunt selected as construction manager for proposed $2.3 billion Rays ballpark in Tampa
AECOM Hunt joined the design team led by Populous for the proposed ballpark on a site that includes Hillsborough College property. The stadium would have at least 28,000 fixed seats, with a construction start targeted for September 2026 and completion by late 2028. Tampa's public contribution is up to $80 million and financing is not finalized.
What it may mean for the marketA large ballpark and surrounding mixed-use district would add construction jobs, event traffic and retail demand on the Dale Mabry corridor. The site is about 7 miles northwest of Lorene Terrace.
Source: Tampa Bay Business and Wealth - August 2026Infrastructure
Four firms vie to build Tampa International Airport's $150 million control tower
TPA narrowed the field to four builders for a new blast-resistant air traffic control tower on about 2 acres northwest of the main terminal. The budget is about $150 million, with board selection expected Oct. 1 and substantial completion targeted for March 2029.
What it may mean for the marketAirport capital spending supports construction employment and long-term air service capacity for the region. The site is about 8 miles west of Lorene Terrace.
Source: Tampa Bay Business and Wealth - August 2026Development
ONE Tampa condo tower tops out at 42 stories with nearly 70% of units sold
Kolter Urban's 42-story tower at North Ashley Drive and East Twiggs Street has 225 residences and is capped at 649 feet by aviation limits. Closings are expected to begin in the third quarter of 2027. About 5,000 square feet of ground-floor restaurant space is planned.
What it may mean for the marketNew downtown condo inventory and ground-floor dining add housing choices and walkable amenities near Curtis Hixon Waterfront Park. The site is about 3 miles west of Lorene Terrace.
Source: Tampa Bay Business and Wealth - 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 3 miles west of Lorene 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 6 miles northwest of Lorene 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 3 miles north of Lorene Terrace, elsewhere in Hillsborough County.
Source: Bay News 9
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
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Should you buy in Lorene Terrace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 1, 2026) |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (4 streets, ZIP 33614/33618)) |
| Under-contract shares | Stellar MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2006 (32 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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