Palm River Terrace
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
13 homesBuilt 1920–2005
Free · No obligation
Talk to a Palm River Terrace Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Palm River Terrace Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
54%
Owner-occupied · Palm River Terrace
7 of 13 parcels homesteaded (FL DOR 2025)
46%
Non-owner-occupied · Palm River Terrace
incl. 23% trust or LLC-held · 0% out-of-state
13
Homes in the community
13 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 1920
Community established
homes built 1920-2005, median 1976 (FL DOR 2025)
0
Failed listings · 2017
peaked at 5 in 2007
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palm River Terrace is a small, thin-inventory pocket — 13 homes on record — so any single closing can move the read on the community more than it would in a larger subdivision. The construction span runs from 1920 to 2005, with a median year built of 1976, which means age and condition of the individual structure do far more to explain value than block or lot location.

With only 13 homes total and no clubhouse, pool, or other shared amenity identified in current listings, there is no HOA infrastructure premium built into pricing here. Buyers and sellers should expect each transaction to be priced and negotiated on the merits of that specific house — updates, systems, roof age — rather than benchmarked against a tight comp set or community feature.

Best for

  • A buyer prioritizing house condition and layout over community amenities
  • Someone open to a mix of older and newer construction within the same small pocket
  • A buyer planning to occupy long-term who values individual property character over neighborhood uniformity

Probably not for

  • A buyer who wants an HOA-maintained pool, gate, or clubhouse as part of the purchase
  • Someone who needs a large, active resale market with many comparable listings to choose from
  • A buyer seeking a uniform, single-era housing stock rather than a mix spanning multiple decades

The market around Palm River Terrace

Palm River Terrace is a small community — 14 recorded sales on file, most recently in 2017 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Palm River Terrace specifically. Momentum Research analysis of MLS records.

If we were buying in Palm River Terrace today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Palm River Terrace.

Best Buy
Buyers who want an individual home on its own terms rather than a community with shared amenities.
Biggest Risk
With only 13 homes on record, thin inventory means limited choice and comps at any given time.
Sweet Spot
A buyer comfortable evaluating condition and system age house-by-house rather than relying on community-wide assumptions.
Avoid If
You are looking for a subdivision with a pool, clubhouse, or other shared amenity — none is identified here.

A Small Pocket, House-By-House

Thirteen homes is a small enough count that Palm River Terrace does not behave like a typical subdivision market with a repeating floor plan or a builder-set price ladder. The year-built range — 1920 to 2005 — spans early-20th-century construction through more recent builds, with the median landing at 1976. That mix means two homes a few doors apart can differ substantially in systems, layout, and renovation history, and pricing conversations here have to start with the specific structure, not the neighborhood average.

Just over half of homes, about 54%, carry a homestead exemption, indicating a meaningful share of owner-occupied households in the mix alongside non-homesteaded ownership. No community amenities are identified from current MLS listings, so there is no shared pool, gate, or clubhouse feature to factor into value — what you are buying is the house and the lot, full stop.

The location and the amenities are priced into every listing in Palm River Terrace. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market this thin, generic comps do not hold up — we walk each Palm River Terrace listing on its own condition and construction era rather than leaning on a subdivision-wide average that will not reflect a home built in 1920 versus one built in 2005.

Palm River Terrace in 15 seconds.

Best forBuyers who want an individual home on its own terms rather than a community with shared amenities.
Biggest advantageWide-ranging home ages mean opportunities for both older character homes and more recently built houses in the same small pocket.
Biggest riskWith only 13 homes on record, thin inventory means limited choice and comps at any given time.
Sweet spotA buyer comfortable evaluating condition and system age house-by-house rather than relying on community-wide assumptions.
Avoid ifYou are looking for a subdivision with a pool, clubhouse, or other shared amenity — none is identified here.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Palm River Terrace sales matched to your home.

What is your Palm River Terrace home worth?

Get a no-obligation home value based on real comparable sales in Palm River 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 Palm River Terrace on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Palm River Terrace?
The Florida DOR 2025 assessment roll shows 13 homes in Palm River Terrace (public records).
What share of Palm River Terrace is owner-occupied?
54% of Palm River Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Palm River Terrace built?
Homes in Palm River Terrace were built between 1920 and 2005, with a median year built of 1976 (FL DOR 2025 roll).
Who is the best real estate agent for Palm River Terrace?
The best agent for Palm River Terrace is one who actively works Tampa and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palm River Terrace.
How do I find a top Tampa real estate agent who knows Palm River Terrace?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm River Terrace and the wider Tampa area.
Can Momentum Realty connect me with an agent for Palm River Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm River Terrace purchase or sale - no call center and no pressure.
A buyer prioritizing house condition and layout over community amenitiesExcellent fit
Someone open to a mix of older and newer construction within the same small pocketExcellent fit
A buyer planning to occupy long-term who values individual property character over neighborhood uniformityExcellent fit
A buyer who wants an HOA-maintained pool, gate, or clubhouse as part of the purchaseProbably not
Someone who needs a large, active resale market with many comparable listings to choose fromProbably not
A buyer seeking a uniform, single-era housing stock rather than a mix spanning multiple decadesProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33619))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (3 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.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

More Tampa & Tampa & Hillsborough County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Tampa & Hillsborough County or the full Neighborhood Finder.

Talk to a Local Palm River Terrace Expert
Call Get Listings