Palm River Twnhms Ph 2
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
230 homesBuilt 2006–2024Median sale $383K
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Built fromLive Stellar MLS data4 years of closingsFL DOR public recordsUpdated twice daily
Live · Palm River Twnhms Ph 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$383K
Median sold · 12 mo
$190/sf
Sold $/sqft · 12 mo
peak $213 in 2023
97.5%
Sale vs ask
Hillsborough median: 95.9%
Tempo
26days
Median DOM · closed
4 days at the 2024 low
5
Sold · last 12 mo
10-yr average: about 6 a year
Ownership and context
52%
Owner-occupied · Palm River Twnhms Ph 2
120 of 230 parcels homesteaded (FL DOR 2025)
48%
Non-owner-occupied · Palm River Twnhms Ph 2
incl. 4% trust or LLC-held · 9% out-of-state
0%
Cash buyers · Palm River Twnhms Ph 2
0 of 5 sales, 12 mo ending June 2026
230
Homes in the community
230 residential parcels (FL DOR 2025)
Track record · 4 years of records
Est. 2006
Community established
homes built 2006-2024, median 2023 (FL DOR 2025)
1
Failed listings · 2026
peaked at 6 in 2025
2,030sqft
Median sold home size
12-mo windows, closed sales
2.2%/yr
Turnover rate
about 5 of 230 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palm River Twnhms Ph 2 is a townhome community where price is driven mostly by condition and interior finish rather than by wide swings in size. The median sits at $383,000, or about $190 per square foot, on a median footprint just north of 2,200 square feet. With most of the stock built recently and a median build year of 2023, the newer, better-finished units set the tone; older units in the 2006-and-up range compete on price and updates.

Market posture right now is brisk but not frantic. A median of 26 days on market means well-priced, move-in-ready townhomes trade quickly, while anything overpriced or dated will sit. For sellers, that rewards realistic pricing and presentation. For buyers, it means you should be pre-approved and ready to move on the right unit rather than expecting to negotiate at leisure.

The 60-Second Overview

Palm River Twnhms Ph 2 market snapshot (as of July 13, 2026): the median sale price is about $383K ($190 per sq ft over the trailing 12 months of closed sales), and a median 26 days on market for closed sales.

Palm River Twnhms Ph 2 is a community of 230 homes in Tampa, Hillsborough County, built between 2006 and 2024 (median 2023.0), with a median living area of about 2,203 square feet. 52% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a newer-vintage townhome enclave inside Tampa's Palm River area of Hillsborough County, with a homestead share just over half — a mix of owner-occupants and non-owner-held units that is worth weighing if you care about the ownership profile of your block.

Best for

  • Buyers targeting a low-maintenance townhome around the mid-$380s with a modern layout
  • Owner-occupants who want recent construction and are comfortable moving quickly in a fast market
  • Investors evaluating a community where non-owner-held units already make up a meaningful share

Probably not for

  • Buyers who want a detached house with a yard rather than attached townhome living
  • Anyone seeking an older, character home or a full renovation opportunity
  • Buyers who need a slow, drawn-out negotiation window rather than a 26-day-median pace

If we were buying in Palm River Twnhms Ph 2 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 Twnhms Ph 2.

Best Buy
Buyers who want a newer townhome near central Tampa without an older-home renovation project.
Biggest Risk
A homestead share of only 52% signals meaningful non-owner-occupied stock that can shape HOA and resale dynamics.
Sweet Spot
A move-in-ready unit priced near the $383,000 median that reflects current finishes.
Avoid If
You need a detached single-family home or a large private lot.

A newer-build townhome market that turns fast

With 230 homes and a build range from 2006 to 2024, Palm River Twnhms Ph 2 offers a fairly consistent product: multi-level townhomes averaging around 2,203 square feet. The median year built of 2023 tells you the bulk of activity centers on recent construction, so buyers should expect modern layouts and less deferred maintenance than an older community — but should still inspect for the variability that comes with any phased build-out.

The homestead share of roughly 52% is the number to study. Just over half the homes carry a homestead exemption, meaning the balance are held as non-primary residences. That mix can affect HOA dynamics and resale competition, so ask about rental policies and the current owner-occupancy picture before you commit.

The location and the amenities are priced into every listing in Palm River Twnhms Ph 2. 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 community that moves at a 26-day median, timing and pricing discipline decide outcomes. We track closings unit-by-unit across the 230 homes here, help sellers price against the condition-driven spread rather than a guess, and keep buyers ready to act when the right newer-vintage townhome lists. We will also tell you plainly when a unit's finish level or the ownership mix on its block does not match what you are paying for.

Palm River Twnhms Ph 2 in 15 seconds.

Best forBuyers who want a newer townhome near central Tampa without an older-home renovation project.
Biggest advantageA recent-build majority and a consistent floorplan footprint around 2,203 square feet.
Biggest riskA homestead share of only 52% signals meaningful non-owner-occupied stock that can shape HOA and resale dynamics.
Sweet spotA move-in-ready unit priced near the $383,000 median that reflects current finishes.
Avoid ifYou need a detached single-family home or a large private lot.

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 Twnhms Ph 2 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palm River Twnhms Ph 2?
The median sale price in Palm River Twnhms Ph 2 was $383K over the 12 months ending July 13, 2026 (5 closed sales, Stellar MLS).
How long do homes in Palm River Twnhms Ph 2 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 26 days on market (5 sales, Stellar MLS).
How many homes are in Palm River Twnhms Ph 2?
The Florida DOR 2025 assessment roll shows 230 homes in Palm River Twnhms Ph 2 (public records).
What share of Palm River Twnhms Ph 2 is owner-occupied?
52% of Palm River Twnhms Ph 2 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 Twnhms Ph 2 built?
Homes in Palm River Twnhms Ph 2 were built between 2006 and 2024, with a median year built of 2023.0 (FL DOR 2025 roll).
Do cash buyers compete in Palm River Twnhms Ph 2?
Cash buyers took 0% of Palm River Twnhms Ph 2 sales in the 12 months ending June 2026 (0 of 5 closings, Stellar MLS).
Who is the best real estate agent for Palm River Twnhms Ph 2?
The best agent for Palm River Twnhms Ph 2 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 Twnhms Ph 2.
How do I find a top Tampa real estate agent who knows Palm River Twnhms Ph 2?
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 Twnhms Ph 2 and the wider Tampa area.
Can Momentum Realty connect me with an agent for Palm River Twnhms Ph 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm River Twnhms Ph 2 purchase or sale - no call center and no pressure.
Buyers targeting a low-maintenance townhome around the mid-$380s with a modern layoutExcellent fit
Owner-occupants who want recent construction and are comfortable moving quickly in a fast marketExcellent fit
Investors evaluating a community where non-owner-held units already make up a meaningful shareExcellent fit
Buyers who want a detached house with a yard rather than attached townhome livingProbably not
Anyone seeking an older, character home or a full renovation opportunityProbably not
Buyers who need a slow, drawn-out negotiation window rather than a 26-day-median paceProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33619))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2022 (28 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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