Plaza Terrace Unit 3
Homes for Sale in Tampa, FL

Community in Tampa · Hillsborough County
276 homesBuilt 1903–2021
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Live · Plaza Terrace Unit 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
71%
Owner-occupied · Plaza Terrace Unit 3
198 of 278 parcels homesteaded (FL DOR 2025)
29%
Non-owner-occupied · Plaza Terrace Unit 3
incl. 10% trust or LLC-held · 2% out-of-state
67%
Cash buyers · Plaza Terrace Unit 3
2 of 3 sales, 12 mo ending June 2022
276
Homes in the community
plus 2 vacant residential lots · 278 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 1903
Community established
homes built 1903-2021, median 1960 (FL DOR 2025)
0
Failed listings · 2025
peaked at 1 in 2025
0.7%/yr
Turnover rate
about 2 of 276 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Plaza Terrace Unit 3 is a Tampa infill pocket where the housing stock does the talking. With homes dating from 1903 through 2021 and a median build year of 1960, you're looking at a neighborhood built in layers rather than a single development phase, which means condition and updates — not just location — drive what a given property is worth.

The high homestead share, over seven in ten homes, tells you this is a community where most owners live in the property rather than churn it as a rental or flip. That tends to support steadier turnover and more owner-maintained housing stock, though it also means fewer investor-grade listings hit the market at any one time. Buyers should expect to compete on individual home condition rather than assume a uniform product.

Best for

  • Buyers seeking an established Tampa location and comfortable doing home-by-home diligence on age and condition
  • Buyers prioritizing an owner-occupied setting over rental-heavy turnover
  • Buyers who want a smaller, efficient floor plan rather than maximum square footage

Probably not for

  • Buyers who want community amenities like a pool, clubhouse, or organized common areas
  • Buyers who want a uniform new-construction product with predictable finishes
  • Buyers unwilling to budget for potential system or structural updates on an older home

The market around Plaza Terrace Unit 3

Plaza Terrace Unit 3 is a small community — 1 recorded sale on file, most recently in 2025 — 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 Plaza Terrace Unit 3 specifically. Momentum Research analysis of MLS records.

If we were buying in Plaza Terrace Unit 3 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 Plaza Terrace Unit 3.

Best Buy
Buyers who want an established Tampa neighborhood and are comfortable evaluating homes individually rather than assuming a uniform product.
Biggest Risk
The wide build-year range means condition varies enormously from one listing to the next, with no shared amenities to fall back on.
Sweet Spot
Homes built closer to the median year of 1960 with updated systems tend to offer the clearest value-to-condition match.
Avoid If
Skip this one if you want a newer-construction feel or community amenities as part of the package — neither is the norm here.

A century of building stock in one small footprint

The build-year spread — 1903 to 2021 — is the defining fact of this community. That range means a buyer touring Plaza Terrace Unit 3 could see an early-1900s structure a few doors from a home built in the last several years. The median year built of 1960 puts the center of gravity on established construction, so most homes will carry the maintenance profile of a mid-century property: original systems in some cases, full renovations in others, and everything in between.

Median living area of roughly 1,625 square feet points to modest, efficient floor plans rather than sprawling new construction. Combined with a homestead share above seventy percent, this reads as a community of owner-occupied homes with incremental turnover, where pricing and condition vary listing to listing more than they follow a predictable community-wide pattern. Because no shared amenities are identified from current MLS data, whatever a buyer values in a home here — yard, layout, updates — has to be assessed on that specific property.

The location and the amenities are priced into every listing in Plaza Terrace Unit 3. 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 spanning over a hundred years of construction with no uniform amenity set to lean on, the work is in evaluating each home on its own condition and history. We pull permit and renovation context, compare recent closings inside the neighborhood rather than citywide averages, and help you understand what you're actually buying before you write an offer — whether that's a century-old structure or one of the newer builds mixed into the same streets.

Plaza Terrace Unit 3 in 15 seconds.

Best forBuyers who want an established Tampa neighborhood and are comfortable evaluating homes individually rather than assuming a uniform product.
Biggest advantageA high owner-occupancy share suggests stable, lived-in housing stock rather than a rental-heavy turnover pattern.
Biggest riskThe wide build-year range means condition varies enormously from one listing to the next, with no shared amenities to fall back on.
Sweet spotHomes built closer to the median year of 1960 with updated systems tend to offer the clearest value-to-condition match.
Avoid ifSkip this one if you want a newer-construction feel or community amenities as part of the package — neither is the norm 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 Plaza Terrace Unit 3 sales matched to your home.

What is your Plaza Terrace Unit 3 home worth?

Get a no-obligation home value based on real comparable sales in Plaza Terrace Unit 3, 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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Plaza Terrace Unit 3?
The Florida DOR 2025 assessment roll shows 276 homes plus 2 vacant residential lots in Plaza Terrace Unit 3 (public records).
What share of Plaza Terrace Unit 3 is owner-occupied?
71% of Plaza Terrace Unit 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Plaza Terrace Unit 3 built?
Homes in Plaza Terrace Unit 3 were built between 1903 and 2021, with a median year built of 1960.0 (FL DOR 2025 roll).
Do cash buyers compete in Plaza Terrace Unit 3?
Cash buyers took 67% of Plaza Terrace Unit 3 sales in the 12 months ending June 2022 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for Plaza Terrace Unit 3?
The best agent for Plaza Terrace Unit 3 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 Plaza Terrace Unit 3.
How do I find a top Tampa real estate agent who knows Plaza Terrace Unit 3?
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 Plaza Terrace Unit 3 and the wider Tampa area.
Can Momentum Realty connect me with an agent for Plaza Terrace Unit 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Plaza Terrace Unit 3 purchase or sale - no call center and no pressure.
Buyers seeking an established Tampa location and comfortable doing home-by-home diligence on age and conditionExcellent fit
Buyers prioritizing an owner-occupied setting over rental-heavy turnoverExcellent fit
Buyers who want a smaller, efficient floor plan rather than maximum square footageExcellent fit
Buyers who want community amenities like a pool, clubhouse, or organized common areasProbably not
Buyers who want a uniform new-construction product with predictable finishesProbably not
Buyers unwilling to budget for potential system or structural updates on an older homeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33614))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2021 (9 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 your area comps.

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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.

Thinking of selling in Plaza Terrace Unit 3? 2 recorded closings (window ending 2026-07-13). See the Hillsborough County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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