Plaza Terrace Unit 2
Homes for Sale in Tampa, FL
True comps, carrying-cost math, and listings before the portals.
Price here is driven by condition and lot far more than by any single benchmark. The median sits at $437,500, or about $268 per square foot, but this is a pocket of mid-century homes with a handful of newer builds mixed in, so the spread around that median is wide. What you pay tracks how much of the original structure has been updated and how much work is left on the table.
The current posture favors prepared buyers. Median days on market is just over two weeks, so well-priced, move-in-ready listings move quickly and you need financing and inspection logistics ready before you tour. At the same time, year-over-year median price is down 13.4%, which gives buyers real negotiating room on homes that linger or need work. Sellers should price to the current market, not last year's, and lean on condition and updates to justify the number.
Plaza Terrace Unit 2 right now
🔴 Off the recent peak. The trailing-12-month median ($438K) is down 13.4% from the prior 12 months ($505K). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Low (4 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Plaza Terrace Unit 2 market snapshot (as of July 13, 2026): the median sale price is about $438K ($268 per sq ft over the trailing 12 months of closed sales), and a median 17 days on market for closed sales. The trailing-12-month median is down 13% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).
Plaza Terrace Unit 2 is a community of 68 homes in Tampa, Hillsborough County, built between 1956 and 2022 (median 1957.0), with a median living area of about 1,838 square feet. 75% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Plaza Terrace Unit 2 is a small, established pocket of Tampa in Hillsborough County — 68 homes, mostly mid-century with a few far newer builds mixed in. It is a place where the individual house, not the block average, sets the price.
Who Plaza Terrace Unit 2 is best for.
Best for
- Long-term owner-occupants who want an established pocket and plan to hold rather than flip
- Renovation-minded buyers willing to underwrite condition and negotiate on homes that need work
- Buyers with financing and inspection logistics ready to move on well-priced listings quickly
Probably not for
- Buyers who need uniform, predictable pricing and a large pool of directly comparable homes
- Anyone wanting turnkey new construction as the norm rather than the exception
- Short-horizon buyers uncomfortable with a market where prices are currently below their year-ago level
The Plaza Terrace Unit 2 buying strategy.
If we were buying in Plaza Terrace Unit 2 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 Plaza Terrace Unit 2.
A condition-driven mid-century pocket
The housing stock spans a wide age range, from 1956 to 2022, but the median year built is 1957 — so the character of the area is decidedly mid-century, with newer construction the exception rather than the rule. Median living area is about 1,838 square feet, a practical size that leaves room for updating without being sprawling. Expect to underwrite each home on its own merits: roof, systems, and finishes will vary dramatically house to house, and that variance is exactly what explains the range of prices around the median.
About 75% of homes here carry a homestead exemption, a sign of an owner-occupied, hold-oriented pocket rather than a churn of rentals or flips. That tends to mean fewer listings at any given moment, which is consistent with the thin closings window behind this snapshot. Read the numbers as directional, not statistically deep — with only four recent closings informing the medians, one unusual sale can move the figures.
The location and the amenities are priced into every listing in Plaza Terrace Unit 2. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Plaza Terrace Unit 2 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.7). Basis: Recent Direction -13.4% year-over-year; Owner Commitment 75% owner-occupied; Pricing Power 90.9% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small, condition-driven pocket like this, the median only gets you so far — the real work is pricing a specific house against its specific systems, updates, and lot. We underwrite each listing individually, so buyers do not overpay for deferred maintenance and sellers do not leave money on the table by pricing to a headline number. With a thin closings window and prices off their year-ago level, having someone who reads the block-by-block reality matters.
Plaza Terrace Unit 2 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 Plaza Terrace Unit 2 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 Plaza Terrace Unit 2 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Plaza Terrace Unit 2, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Plaza Terrace Unit 2 home worth?
Get a no-obligation home value based on real comparable sales in Plaza Terrace Unit 2, 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 Plaza Terrace Unit 2 on the map →
Frequently Asked Questions
What is the median home price in Plaza Terrace Unit 2?
How long do homes in Plaza Terrace Unit 2 take to sell?
How many homes are in Plaza Terrace Unit 2?
What share of Plaza Terrace Unit 2 is owner-occupied?
When were the homes in Plaza Terrace Unit 2 built?
Do cash buyers compete in Plaza Terrace Unit 2?
Who is the best real estate agent for Plaza Terrace Unit 2?
How do I find a top Tampa real estate agent who knows Plaza Terrace Unit 2?
Can Momentum Realty connect me with an agent for Plaza Terrace Unit 2?
Should you buy in Plaza Terrace Unit 2?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 33614)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2022 (11 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.